President of the French Senate Gérard Larcher visited the France-invested Nhon-Hanoi station urban railway line in Hanoi on December 9 as part of his visit to Vietnam.

A working delegation led by World Bank Managing Director of Development Policy and Partnerships Mari Pangestu paid a fact-finding trip to the Mekong Delta city of Can Tho on December 7 to check on the Can Tho City Development and Resilience Project.

The State Bank of Vietnam has raised the domestic banking system’s credit growth by 1.5-2.0 percentage points from the previous 14% limit on December 5.

Weak banks that are restructuring will be the target of merger and acquisition (M&A) deals in the near future as the Government is strongly promoting the restructuring of the country’s finance and banking industry.

VOV.VN - State President Nguyen Xuan Phuc called on leading corporations of the Republic of Korea, including Hyosung, Samsung Electrics and KDB, to increase investments in Vietnam for mutual benefits.

The International Finance Corporation (IFC), a member of the World Bank Group, has proposed a total investment of US$320 million in three Vietnamese banks, reported the Nikkei Asia.

Investors from Japan, the Republic of Korea (RoK), and Singapore are looking for more potential merger and acquisition (M&A) opportunities in Vietnam, pinning high hopes on the long-term growth prospects of the market.

VOV.VN - The nation has called on the international community to support the cause of Palestine independence at the November 30 plenary session of the UN General Assembly (UN) to discuss and vote on four resolutions relating to the issue.

Experts, and representatives of international organisations, and investment funds have shown their belief in the potential for sustainable growth in Vietnam in the coming time.

A Vietnamese delegation led by State Auditor General Ngo Van Tuan paid courtesy calls to Lao Prime Minister Phankham Viphavanh and Permanent Vice President of the Lao National Assembly Sounthone Xayachak in Vientiane on November 25.