Four Vietnamese banks cut rates to boost economy

Four Vietnamese banks cut rates to boost economy

NDO - Four major state-owned commercial banks in Vietnam have announced that they will lower their lending rates to priority sectors in a move to support enterprises. (Jan 09, 2019 16:46:53)

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Credit growth rises 14% in 2018

  Jan 07, 2019 16:55:10
NDO - The total outstanding loans of the banking system are estimated to rise 14% in 2018 with the focus on production and business sectors, contributing to supporting economic growth, the State Bank of Vietnam (SBV) said on January 7. 

US$76.6 million veggie processing plant inaugurated in Tay Ninh

  Jan 06, 2019 21:38:39
NDO/VNA – Lavifood Joint Stock Company officially put into operation its Tanifood vegetable and fruit processing plant in the southwestern province of Tay Ninh on January 6, hoping to make international-standard products for export to the US, the European Union, the Republic of Korea, Japan and Australia. 

HCM City targets economic growth of 8.3-8.5% in 2019

  Jan 05, 2019 18:40:44
NDO/VNA – The People’s Committee of Ho Chi Minh City – the country’s southern largest economic hub – has unveiled several ambitious targets for 2019. 

Ten outstanding achievements in agriculture, rural development in 2018

  Jan 05, 2019 18:35:38
NDO/VNA – The Ministry of Agriculture and Rural Development has announced the 10 most outstanding achievements of the sector in 2018. 

Vietnam to keep outperforming region: Fitch Solutions

  Jan 05, 2019 18:26:48
NDO/VNA – Vietnam’s economy expanded by 7.1% in 2018, but its increasing openness and reliance on foreign investment suggest it is unlikely to be spared from the global growth slowdown arising from rising trade protectionism and tighter financial conditions. 

Over 59% of construction firms see stable or better business outlook

  Jan 05, 2019 17:26:45
NDO - An estimated 59.6% of construction enterprises expect their business situation to be stable or better in the first quarter of 2019, according to a recent survey by the General Statistics Office (GSO). 

Dai An Industrial Park marks 15th founding anniversary

  Jan 05, 2019 17:24:14
NDO - A ceremony was held on January 5 to mark the 15th anniversary of the establishment of Dai An Industrial Park, which is situated in the northern province of Hai Duong’s Cam Giang district. 

Actively improving business environment and competitiveness

  Jan 05, 2019 10:09:10
NDO – After five years of implementing the Government’s Resolution No.19 on major tasks and solutions to improve the business climate and enhance national competitiveness, Vietnam has achieved many positive results, contributing to removing difficulties and obstacles. 

Flexible operation of monetary policy aligned with market signals

  Jan 04, 2019 11:53:30
NDO - The year 2018 has concluded, marking a year of economic recovery in various countries across the world as well as in Vietnam. Last year, the monetary policy was operated cautiously and flexibly in combination with fiscal policy and other macroeconomic policies, contributing to stabilising the financial and economic situation. This was a key condition for macroeconomic stability and sustainable growth of the Vietnamese economy in 2018 and is also a foundation for the economic development in 2019. 

CPTPP stirs motivation for reform

  Jan 04, 2019 08:15:48
NDO – In addition to joining the previous World Trade Organisation (WTO), participating in a new-generation Free Trade Agreement, such as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), will be an opportunity for Vietnam to continue to improve its economic institution, including the socialist-oriented market economic institution. 

EVN ready to meet increased power demand in 2019

  Jan 03, 2019 17:55:20
NDO - The national power utility EVN has stated that it will get ready to provide sufficient power in order to meet a likely higher demand in 2019. 

Maritime sector needs better seaport planning: minister

  Jan 03, 2019 11:35:16
NDO/VNA – The maritime sector should pay more attention to seaport planning, especially in the central and the Mekong Delta regions, said Transport Minister Nguyen Van The. 

Finance Minister launches first trading day of Vietnamese stock market

  Jan 02, 2019 16:42:23
NDO - Minister of Finance Dinh Tien Dung attended a gong-striking ceremony on January 2 to open the first trading day of Vietnam’s stock market in 2019, voicing hopes of a better outlook in the New Year.