Two former Deputy General Directors of the Bank for Investment and Development of Vietnam (BIDV) were sentenced to a total of 14 years and six months behind bars after being found guilty of violating regulations on banking operations and related activities.

The disbursement of public investment sourced from the State budget reached VND354.6 trillion (nearly US$15.3 billion) during the past 10 months, an increase of 34.4% compared to the same period last year, according to the General Statistics Office (GSO).

Socio-economic development issues and a draft amended Law on Drug Prevention and Control will be high on agenda at the 10th session of the 14th-tenure National Assembly on November 2.

Despite expectations to the contrary, Vietnam’s existing rules easing access to conditional business lines in civil aviation have been unable to improve the sector’s investment picture, with financiers calling for relaxation of foreign ownership limits.

Vietnam hopes to make economic cooperation truly an important driver for its relations with Japan, the US, and Australia, Head of the Party Central Committee’s Economic Commission Nguyen Van Binh said on October 30.

A circular on new regulations for customs risk management will come into effect on January 1 next year to helping businesses comply with regulations and clear customs more easily.

Vietnamese Ambassador to Algeria Nguyen Thanh Vinh has highlighted the time-honoured, friendly relationship between Vietnam and Algeria, on the occasion of the 58th anniversary of the bilateral diplomatic ties (October 28).

The Republic of Rwanda is willing to cooperate with Vietnam towards further strengthening the bilateral friendship between the two nations, President of the Republic of Rwanda Paul Kagame has said.

VOV.VN - Financial website wealthbriefingasia.com published an article on October 28 outlining the views of several UK-based asset management figures regarding future investment prospects in Vietnam.

VOV.VN - The UK’s former Prime Minister Tony Blair glowingly spoke of Vietnam’s achievements in the COVID-19 fight and being among economies enjoying positive growth in 2020 during his phone talks with Deputy Prime Minister and Foreign Minister Pham Binh Minh on October 27.