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Banks raise foreign ownership ratio to improve financial strength
Vietnamese banks have been increasing their foreign ownership ratios to attract investment and improve financial strength.
E-commerce industry seeks to leverage logistics growth
Flexible warehousing models that can help businesses optimise their storage are required amid the development of e-commerce, experts have suggested.
New decree to prevent transfer pricing, limit thin capitalisation
The Government’s recently-issued Decree 132/2020/ND-CP would help prevent transfer pricing and limit thin capitalisation to develop a healthy investment market, Deputy Director of the General Department of Taxation Dang Ngoc Minh said.
Proper mechanism needed to attract investors to PPP projects
A proper mechanism is needed to attract investors to infrastructure projects implemented following the public-private partnership (PPP) model, experts have said.
Hospital successfully performs double forearm transplant
The Hanoi-based Military Central Hospital 108 has become the first medical facility in Vietnam and Southeast Asia to successfully perform a double forearm transplant.
MoIT carries out solutions to boost domestic market growth
The Ministry of Industry and Trade (MoIT) will promote domestic market consumption to contribute partly to enhancing socio-economic development.
Vietnam targets private-sector development
Vietnam needs to develop a strategy to promote the development of the private sector over the next decade to maintain growth, speakers said at a conference on socio-economic development from 2021 to 2030 recently held in HCM City.
GDP growth 6% in 2021 feasible: economists
Vietnam's GDP may achieve a growth rate of 6% or greater in 2021, according to economists and industry experts.
Vietnam should have law on supporting industry: VCCI Chairman
Vietnam needs to have a law on the supporting industry to aid its development, according to the chairman of the Vietnam Chamber of Commerce and Industry (VCCI).
Super committee fails to report SOEs' performance on time
The Ministry of Finance (MoF) has said the supervision of financial results from State-owned enterprises (SOEs), carried out by the Committee for Management of State Capital at Enterprises, (or Super Committee) was “very slow”.