VnExpress News The News Gateway of Vietnam

Japanese bank lending rose 1.8% in July from a year earlier, accelerating from the previous month, as some companies borrowed more to meet rising raw material costs amid a surge in global commodity inflation. Outstanding loans held by the country’s four main categories of banks, including “shinkin” or credit unions, …

The U.S.’s latest rate hike will not have a major impact on Vietnam’s currency and trade, but high inflation remains a threat and demands stronger action, analysts said. Last week’s U.S. rate hike of 0.75 percentage points would not impact the USD-VND exchange rate — the U.S. dollar actually fell …

The Ministry of Health has formed four teams to inspect the current supply and use of medicine, as well as survey drug and medical supply shortages in localities. The teams will be led by members of the ministry’s Department of Medical Service Administration Department including its director Luong Ngoc Khue …