NDO - The State Bank of Vietnam has recently decided to lower the interest rates on short-term loans to priority sectors by 0.5 percentage points and some policy rates by 0.25 percentage points.
(Jul 14, 2017)
NDO – The northern province of Ha Nam has attracted 46 investment projects, including 10 foreign direct investment (FDI) and 36 domestic projects, with a total registered capital of over US$192.96 million so far this year, according to Nguyen Van Oang, Director of the provincial Department of Planning and Investment.
NDO - SDG Challenge 2017, a competition and acceleration programme has been launched by UNDP Vietnam to find business ideas and innovations that will help to achieve sustainable development goals (SDGs).
NDO - The General Department of Customs has launched a trade portal as a single place for businesses to learn about Vietnam’s export-import regulations and procedures, the latest government effort to realise its commitments in facilitating trade.
NDO – Deputy Prime Minister Vuong Dinh Hue has highlighted the guideline of creating favourable conditions for businesses and reducing the proportion of specialised inspections from 30% currently to 15%, as recommended by the World Bank, by 2020 in order to alleviate the burden on enterprises, stressing the viewpoint that trade facilitation must go hand in hand with combating trade fraud.
NDO/VNA – Deputy Prime Minister Vuong Dinh Hue chaired a meeting in Hanoi on July 11 to review the restructuring of State-owned enterprises (SOEs) in the first half of the year and to launch tasks for the remaining months of this year.
NDO - The international community has achieved some success in implementing financial inclusion but is still facing a lot of challenges, according to Deputy Governor of the State Bank of Vietnam Nguyen Thi Hong.
NDO - According to the General Statistics Office (GSO), the total social investment in the first half of 2017 increased by 10.5% compared to the same period last year, equivalent to 32.8% of the GDP, but the investment capital of the State sector only increased by 6.8%, less than half of the non-State sector’s growth rate of 14.9%. Accordingly, the State sector has only accounted for 35.9% of the total social investment - lower than the non-State sector with 38.7%.