VTB Bank, a Russian majority state-owned bank servicing the country’s foreign trade operations, launched money transfers to Vietnam in Vietnamese dong from July 27.

The Vietnam Internet Network Information Centre (VNNIC)’s automatic monitoring system has so far detected more than 450 domain names, including 357 international ones, with signs of violation related to e-commerce and banking.

Remittances to Ho Chi Minh City totalled US$3.16 billion in the first half of 2022, down 13% from the same period last year, according to the State Bank of Vietnam (SBV) branch in the southern city.

Standard Chartered has forecast Vietnam’s GDP growth at 10.8% in the third quarter and 3.9% in the last quarter of 2022, contributing to annual expansion of 6.7%.

The Ministry of Planning and Investment and the World Bank (WB) in Vietnam jointly held a conference in Hanoi on July 26 to gather opinions from international organisations and consultants on the draft national master planning for the 2021-2030 period with a vision to 2050.

VOV.VN - The World Bank and the State Bank of Vietnam have signed an agreement that will allow a US$2.5 million grant from the Japan Social Development Fund to finance a project that will strengthen the delivery of legal aid services to vulnerable groups in the northern part of Vietnam.

VOV.VN - Malaysian bank CIMB has been granted approval by the State Bank of Vietnam (SBV) to increase its charter capital to a figure exceeding VND3.92 trillion.

VOV.VN - The majority of plastics polluting Vietnam’s waterways are single-use, low-value items such as plastic bags, food containers, and straws, according to a World Bank study launched on July 25.

The Asian Development Bank (ADB) keeps this year’s growth forecast for Vietnam at 6.5% in 2022 and 6.7% in 2023 as released in the April 2022 Asian Development Outlook (ADO).

A delegation of Ho Chi Minh City led by Chairman of the municipal People’s Committee Phan Van Mai met with several enterprises of the US on July 18 - 19 as part of their ongoing working trip to the US.