Eximbank irregularities made known at EGM
A central bank inspection has found irregularities at Vietnam Export-Import Commercial Bank (Eximbank), an Eximbank leader told shareholders at a recent extraordinary general meeting (EGM).
Thang Loi Hotel to carry the Hilton trademark
(VOV) - The 250 room Thang Loi Hotel in Westlake is under renovation and will be elevated to a five-star hotel, according to Vice President William Costley of Hilton Worldwide.
Deputy PM encourages digital payments in lieu of cash
(VOV) - Deputy Prime Minister Vu Duc Dam on December 16 encouraged the use of consumers paying for goods and services electronically as a substitute for using cash in a speech at an e-payment forum held in Hanoi.
Russia- Vietnam trade contracting rapidly
(VOV) - Vietnam’s commercial trade with Russia has tapered off dramatically in 2015 having registered just US$1.8 billion during the first 10 months of 2015, far off the target set for the year.
Vietnam-China international trade fair 2015 opens
(VOV) - The Vietnam-China international trade fair 2015 officially opened in Mong Cai city in the northern province of Quang Ninh on December 16.
The ghost of the trade deficit returns
The Ministry of Industry and Trade (MOIT) has estimated that the trade deficit may be as high as US$4 billion in 2015. Meanwhile, the Hong Kong and Shanghai Banking Corporation (HSBC) has predicted the figure would be higher than US$6 billion, far outstripping last year’s US$0.6 billion.
Phu Quoc Economic Zone management board established
The People's Committee of southern Kien Giang province has announced the Prime Minister's decision to establish the Phu Quoc Economic Zone management board.
Gov't urges firms to transfer assets
Deputy Prime Minister Vu Van Ninh has directed ministries, ministerial-level agencies, government agencies and People's Committees of provinces to speed up the transfer of State capital ownership in State-owned enterprises to the State Capital Investment Corporation (SCIC).
Oil won't affect 2015 budget
Do Hoang Anh Tuan, deputy minister of finance, said reduction in the world crude price to US$36 per barrel in future transactions would not affect budget revenue this year.
MARD plans preferential farming loans
Farm owners will soon be able to borrow more capital to invest in their businesses, said Le DucThinh, Deputy Director of the Economic Co-operation and Rural Development Department under the Ministry of Agriculture and Rural Development (MARD).