Archive for January 11th, 2019

Obstacles in banking sector need to be removed: PM

11-Jan-2019 Intellasia | The Saigon Times | 6:00 AM

Prime minister Nguyen Xuan Phuc told a conference on the banking sector’s plans for 2019, held by State Bank of Vietnam on January 9, that the sector should not be [...]
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Banks target retail segment

11-Jan-2019 Intellasia | Nhip cau Dau tu | 6:00 AM

Although credit slows down, banks still maintain good profits thanks to the boost in retail segment. The rapid growth of retail income has made banks race to shift from [...]
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HDBank gives away scholarships to 1,000 children

11-Jan-2019 Intellasia | VNS | 6:00 AM

HDBank has awarded scholarships worth a total of VND1 billion (US$43,164) to 1,000 disadvantaged children through the National Fund for Vietnamese Children’s [...]
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SBV net withdraws nearly VND 25 trillion, overnight rate stays around 4.8pct

11-Jan-2019 Intellasia | Nguoi Dong Hanh | 6:00 AM

According to the currency market report on the week of January 2nd 6th 2019 of SSI Retail Research showed that the State Bank of Vietnam (SBV) net withdrew 24.768 trillion [...]
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Real foreign investment and M&A capital up despite nominal drop

11-Jan-2019 Intellasia | Vietnamnet | 6:00 AM

Even though the total foreign-invested capital of the whole year was a bit lower than the last year, the disbursed capital and investments in M&A saw a marked increase. [...]
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Vietnamese businesses report less ‘facilitation’ payments

11-Jan-2019 Intellasia | VN Express | 6:00 AM

The number of businesses making ‘facilitation’ payments has dropped from 28 percent in 2015 to 18 percent last year. A recent survey has also found 56 percent of [...]
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Vietnam is the US’s leading partner in Southeast Asia:

11-Jan-2019 Intellasia | Hanoi Times | 6:00 AM

Currently, the US is Vietnam’s fourth largest trade partner and the biggest importer. Vietnam is considered one of the US’s most important partners in Southeast [...]
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Inshore shipping routes prove competitive edge

11-Jan-2019 Intellasia | VNA | 6:00 AM

Shipping routes along the coast of Vietnam have played an increasingly large role in transporting goods from the north to the south of the country in recent years, helping [...]
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Vietnam promotes foreign technology transfer into prioritised fields

11-Jan-2019 Intellasia | Hanoi Times | 6:00 AM

The solution for the time ahead is to build and improve the policy formulation mechanism, improve efficiency of state management to support transfer, mastery and development [...]
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Cultivation targets 21 billion USD in export revenue

11-Jan-2019 Intellasia | VNA | 6:00 AM

The Department of Crop Production under the Ministry of Agriculture and Rural Development (MARD) has set the goals of 1.7 percent production growth and 21 billion USD in [...]
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Vietnam’s tax revenue up 12.3pct in 2018

11-Jan-2019 Intellasia | Hanoi Times | 6:00 AM

The tax department said the overall revenue witnessed significant improvement compared to last year, mainly thanks to a hike in global crude oil prices at $74 per barrel. [...]
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Hai Phong sets socio-economic targets for 2019

11-Jan-2019 Intellasia | VNA | 6:00 AM

The Gross Regional Domestic Product (GRDP) of the northern port city of Hai Phong is expected to grow 15.5 percent and its domestic budget collection is projected to exceed [...]
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Coal industry urged to provide enough coal for economic development

11-Jan-2019 Intellasia | VNA | 6:00 AM

The Vietnam National Coal-Mineral Industries Holding Corp., Ltd, (Vinacomin) needs to live up to its main duty of coal supply to serve the country’s socio-economic [...]
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Over 32,000 tonnes of colour-coated iron exempted from safeguard measures

11-Jan-2019 Intellasia | VNS | 6:00 AM

The Ministry of Industry and Trade (MoIT) has decided to lift safeguard measures from imports of colour-coated iron for 11 enterprises, totalling more than 32,000 tonnes, in [...]
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Vietnam’s exports face multiple trade-defense lawsuits

11-Jan-2019 Intellasia | The Saigon Times | 6:00 AM

Vietnam’s global economic integration amid increasing trade protectionism worldwide has exposed the country’s exports to multiple lawsuits. The number of [...]
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