Archive for February 22nd, 2019

World gold price jump sends local price rising to 10-month high

22-Feb-2019 Intellasia | The Saigon Times | 6:00 AM

The domestic gold price today, February 20, jumped to a 10-month high of VND37.2 million per tael, triggered by the world gold price spike, according to Nguoi Lao Dong [...]
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Reference exchange rate down 2 VND on February 21

22-Feb-2019 Intellasia | VNA | 6:00 AM

The State Bank of Vietnam (SBV) set the daily reference exchange rate at 22,903 VND per USD on February 21, down 2 VND from the previous day (February 20). With the current [...]
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Results of banks after implementing the strategy of reducing dependence on credit

22-Feb-2019 Intellasia | Tri Thuc Tre | 6:00 AM

The proportion of net interest income in the structure of total operating income of many banks is still large (over 75 percent). However, in some banks there has been a [...]
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Vietnam-Laos trade tops 1 billion USD in 2018

22-Feb-2019 Intellasia | VNA | 6:00 AM

Two-way trade between Laos and Vietnam exceeded 1 billion USD in 2018, up 13 percent annually and surpassing the set target, according to the Lao Laophatthana newspaper. The [...]
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Regulations needed to support household businesses

22-Feb-2019 Intellasia | VNS | 6:00 AM

The amendments to enterprise and investment laws should be aimed at promoting the development of the private sector, a conference held in Hanoi was told on Wednesday. [...]
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Project on unobserved economy statistics to be launched

22-Feb-2019 Intellasia | VNA | 6:00 AM

Director general of the general Statistical Office (GSO) Nguyen Bich Lam has affirmed that a project on unobserved economy statistics will serve as an important reference for [...]
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National one-stop shop mechanism’s operation in 2018 reviewed

22-Feb-2019 Intellasia | VNA | 6:00 AM

Deputy prime minister Vuong Dinh Hue, who is also Chair of the National Steering Committee on the National One-Stop Shop (OSS) Mechanism, the Asean One-Stop Shop Mechanism [...]
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Can Tho in dire need of international shipping routes

22-Feb-2019 Intellasia | The Saigon Times | 6:00 AM

Although the government has allowed Can Tho City to expand its logistics centre to 242 hectares from the current 75 hectares, the centre cannot develop without international [...]
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Rice exporters face a tough year

22-Feb-2019 Intellasia | VNS | 6:00 AM

A government decree that sought to remove difficulties and legal barriers for rice businesses to boost their exports, which took effect last October, has not impacted rice [...]
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Ministry wants to reduce tax on locally made auto parts

22-Feb-2019 Intellasia | VNA | 6:00 AM

The Ministry of Finance has asked the government to amend its laws to eliminate the special consumption tax on locally manufactured auto parts and components, a move which [...]
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Difficulties hold back aquatic exports

22-Feb-2019 Intellasia | SGGP News | 6:00 AM

Aquatic product export was estimated to touch $644 million in the first month of this year, a decrease of 3.9 percent compared to the same period last year, of which [...]
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US remains largest export market of Dong Nai

22-Feb-2019 Intellasia | VNA | 6:00 AM

The US is now the biggest importer of the southern province of Dong Nai, accounting for 25.7 percent of the locality’s total export turnover. According to the [...]
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Business condition reforms fail to meet expectations: experts

22-Feb-2019 Intellasia | VOV | 6:00 AM

Over 3,000 business conditions were simplified and removed throughout 2018, but the outcomes still fell short of expectations. Under the draft amendments and supplements to [...]
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PM sets socio-economic development tasks for MPI

22-Feb-2019 Intellasia | VNS | 6:00 AM

Prime minister Nguyen Xuan Phuc instructed the Ministry of Planning and Investment (MPI) to continue to make breakthroughs for socio-economic development at a meeting in [...]
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Nordic countries offer valuable lessons for Vietnam in digital age

22-Feb-2019 Intellasia | Hanoi Times | 6:00 AM

As adapting to the digital age, Vietnam is advised to learn the Nordic society model which focuses on both transforming into a modern pattern and maintaining social welfare. [...]
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