Archive for November 2nd, 2019

Capital flows into real estate sector despite VN central bank’s measures to tighten lending

02-Nov-2019 Intellasia | Vietnamnet | 6:02 AM

Outstanding loans to the real estate sector have been increasing steadily although Vietnam has been keeping tight control over lending. Hoang Quoc Thuong, a National Assembly [...] » More

State budget becomes more sustainable: Finance minister

02-Nov-2019 Intellasia | VNA | 6:02 AM

Finance minister Dinh Tien Dung presented a report on the State budget performance in 2019, estimates for 2020 and the five-year financial plan (2016-2020) to the National [...] » More

Hanoi’s banking sector pushes for non-cash payment

02-Nov-2019 Intellasia | HanoiTimes | 6:02 AM

A network of 90,000 of points of sale (POS), electronic funds transfer at point of sale (EFTPOS), and electronic data capture (EDC) is established, while over 2,780 ATMs are [...] » More

G-bond issuance meets 70pct of yearly plan

02-Nov-2019 Intellasia | VNA | 6:02 AM

The State Treasury has mobilised nearly 174.2 trillion VND (around 7.5 billion USD at current exchange rate) through government bond auctions on the Hanoi Stock Exchange [...] » More

Many banks earn high profits from securities trading

02-Nov-2019 Intellasia | Dau Tu Chung Khoan | 6:02 AM

In addition to credit and services, trading of investment securities also contributed a significant proportion to the total profit of banks in the first nine months of 2019. [...] » More

Import licences to be granted online from November 1

02-Nov-2019 Intellasia | VNA | 6:02 AM

Companies will be able to apply for import licences online from November 1 this year, according to the Ministry of Industry and Trade (MoIT)’s Foreign Trade Agency. The [...] » More

Strengthening Support for Small and Medium-sized Enterprises

02-Nov-2019 Intellasia | VCCI News | 6:02 AM

Firmly and effectively carrying out Resolution 35/NQ-CP of the government on business support and development to 2020 and enforcing the Law on Support for Small and [...] » More

Industrial production increases 9.5pct

02-Nov-2019 Intellasia | VNA | 6:02 AM

During the 10-month period, the industrial production index increased by 9.5 percent compared to the same period in 2018, with manufacturing and processing industry up 10.8 [...] » More

Vietnam does not benefit at all from US China trade war: VCCI

02-Nov-2019 Intellasia | HanoiTimes | 6:02 AM

The country’s GDP growth target of 6.8 percent for 2020 is challenging, particularly as the economy is dependent on foreign investment and exports. Vietnam’s [...] » More

Vietnam ready to catch up with Industry 4.0, says expert

02-Nov-2019 Intellasia | VNS | 6:02 AM

Vietnam is making efforts to adapt to new technologies in the fourth industrial revolution (Industry 4.0) across all sectors. President and CEO of general Electric (GE) Asia [...] » More

HCM City’s CPI up 0.38pct in October

02-Nov-2019 Intellasia | VNA | 6:02 AM

The southern metropolis of HCM City posted a month-on-month rise of 0.38 percent in the consumer price index (CPI) in October, the municipal Statistics Office reported. The [...] » More

Deputy PM promises optimal conditions for UAE enterprises

02-Nov-2019 Intellasia | VNA | 6:02 AM

Deputy prime minister Trinh Dinh Dung pledged favourable conditions for UAE firms to expand investment in the country while receiving CEO of Mubadala Petroleum Bakheet Al [...] » More

HCM City’s financial hub ambitions will hinge on these reform challenges

02-Nov-2019 Intellasia | HanoiTimes | 6:02 AM

In order to make HCM City, Vietnam`s largest economic metropolis, a financial hub in the country and region, reforms will be needed. The theme of the 2019 HCM City Economic [...] » More