Vietnamese banks will only be allowed to issue chip cards from March 31, 2021, according to a State Bank of Vietnam (SBV) draft circular.

VOV.VN - Investors from Japan have pledged to provide approximately US$1.8 billion in capital to finance a coal-fired thermal power plant in Vung Ang of Ha Tinh province, according to business publication Bloomberg on Dec. 30.

The US Treasury Department’s labelling of Vietnam as a currency manipulator is groundless and certainly significantly affects the psychology of the Vietnamese business community, especially those operating in the import and export field, according to Hoang Quang Phong, Vice President of the Vietnam Chamber of Commerce and Industry (VCCI).

Reductions in business conditions and related administrative procedures have helped save about 18 million workdays, or VND6.3 trillion (US$273.4 million), each year, Minister and Chairman of the Government Office Mai Tien Dung said.

Despite being the lowest in the past three decades, Vietnam’s 2.91% growth recorded this year is still a success of the nation in the context of the COVID-19 pandemic that is ravaging the whole world, according to foreign media.

VOV.VN - Prime Minister Nguyen Xuan Phuc affirmed the Government’s determination to elevate GDP growth by 0.5% ahead in 2021 during his opening remarks at a Government Conference held virtually with localities on December 28 in Hanoi.

Credit loans must be always available for production and business enterprises, especially those operating in such areas as agriculture, export and high-tech, Prime Minister Nguyen Xuan Phuc said on December 26. ​

VOV.VN - Vietnam is expected to achieve a GDP growth rate of 2.8% this year, a significant figure among new emerging economies despite the impact of the COVID-19 pandemic, revealed Finance Minister Dinh Tien Dung.

Saigon - Hanoi Commercial Joint Stock Bank (SHB) has just become the only Vietnamese representative to be honoured as “Bank of the Year 2020” by The Banker magazine.

The banking industry's credit is projected to have expanded 11% for the year by the end of December, Deputy Governor of the State Bank of Vietnam (SBV) Dao Minh Tu revealed at a press conference on December 24.