Bank loans should follow existing legal regulations to avoid risks for lenders. Photo baodautu.vn HÀ NỘI — Though enterprises and individuals need the Government’s large economic recovery packages to rebound from the pandemic, the Government should consider limiting the participation of commercial banks in the packages to help them avoid …
Read More »Rising petrol prices could put brake on economy: expert
Nguyễn Bích Lâm, former General Statistics Office director. VNA/VnExpress News Photo In just one month, retail petrol prices on the domestic market have increased three consecutive times, with the latest rise on February 11. Escalating oil and gas prices not only increase the cost of goods and services, but also the …
Read More »Singaporean bank considers Việt Nam key beneficiary of RCEP
A garment and textile production line for exports. RCEP gives Việt Nam the opportunity to increase exports to its partners. — VNA/VnExpress News Photo HÀ NỘI — Việt Nam is likely to be a key beneficiary of the Regional Economic Comprehensive Partnership (RCEP) regarding tariff reductions and foreign direct …
Read More »Samsung to make additional investment in Thái Nguyên
Samsung’s electro-mechanic plant in Thái Nguyên Province. The addition investment has lifted the plant’s total capital to $2.27 billion. Photo courtesy of Samsung HÀ NỘI — A subsidiary of electronic giants Samsung has been given the greenlight to further invest US$920 million in an electro-mechanic plant in northern Việt Nam. Thái …
Read More »Markets diverge, large caps on HoSE slump
The 5-star hotel Pullman Vũng Tàu developed by Development Investment Construction JSC (DIG) in Vũng Tàu City. DIG hit the ceiling growth of 7 per cent yesterday. — Photo dic.vn HÀ NỘI — Shares moved in an opposite direction on the two national stock exchanges yesterday with the VN-Index falling slightly …
Read More »Import and export turnover up 83 per cent during Tết
The total value of Vietnamese imports and exports reached US$3.05 billion in the nine days of the Tết holiday. — VNA/VnExpress News Photo HÀ NỘI — The total value of Vietnamese imports and exports reached US$3.05 billion in the nine days of the Lunar New Year (Tết) holiday, growth of 83 per cent compared …
Read More »Vinatex’s net profit rises sharply last year
Vinatex’s net revenue from sales and services in the last three months of 2021 reached over VNĐ4.98 trillion, a year-on-year increase of 39 per cent. — Photo vinatex.com.vn HÀ NỘI — Vietnam National Textile and Garment Group (Vinatex)’s post-tax profit in the last quarter of 2021 was nearly VNĐ500 billion …
Read More »Firms pulling out of land auction deals hurts market and consumers
An aerial view of the new urban area Thủ Thiêm in HCM City with Lot 3-9 and Lot 3-12. Photo vietnamnet.vn HÀ NỘI — The Ministry of Construction has called for a comprehensive review and potential overhaul of the current land auction regulations. The ministry said there must be stricter requirements, both …
Read More »HCMC office-leasing market recovers after pandemic
In the fourth quarter of 2021, the total office supply in HCM City was over 2.4 million square metres. Photo laodong.vn HÀ NỘI — The market for leasing offices in HCM City is improving with the bright spot being combined offices as a viable and cost-optimal solution, according to Savills Vietnam. Từ Thị …
Read More »Investors should be cautious in corporate bond market: experts
Việt Nam’s corporate bond market amounts to nearly 16 per cent of GDP and is the fastest-growing market in Asia over the past 15 years. Photo vneconomy.vn HÀ NỘI — The risk of corporate bond defaults will keep increasing unless legal loopholes in the market are plugged, according to experts. Nguyễn …
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