The State Bank of Vietnam (SBV) is mulling over stricter lending regulations, especially to finance purchases of properties and stocks, according to inside sources. The State Bank of Vietnam (SBV) is mulling over stricter lending regulations, especially to finance purchases of properties and stocks, according to inside sources. Banking regulators have sounded the alarm over […]
Read MoreReform has not pursued the wishes of enterprises and the actual situation. This is why businesses feel insecure. A report, “Business Law Flow 2021”, published by the Vietnam Chamber of Commerce and Industry (VCCI) in late March, shows that in 2020-2021 all ministries and sectors made plans to reduce necessary procedures for enterprises. However, these […]
Read MoreVietnamese commodities have made up 90% of goods sold in retail outlets owned by domestic enterprises and 60-96% of foreign supermarkets in Vietnam, according to the Ministry of Industry and Trade (MoIT), showing that more Vietnamese consumers are choosing Vietnamese goods. Hanoi (VNA) – Vietnamese commodities have made up 90% of goods sold in retail outlets owned by domestic enterprises […]
Read MoreVietnam exported US$1.7 billion worth of seafood in the first five months, up 25 percent year-on-year, thanks to rising global demand. The highest growth items included tuna (59 percent), shellfish (47 percent) and octopus (28 percent), according to data from the Vietnam Association of Seafood Exporters and Producers. Japan and France were the top markets […]
Read MoreThe State Bank of Vietnam (SBV) has kept regulatory interest rates unchanged to create favorable conditions for clients to access capital at reasonable costs. However, experts have warned that it will be difficult to curb interest rates. Worry about inflation While regulatory interest rates remain unchanged, commercial banks have increased deposit interest rates. The analysts […]
Read MoreThe number of travelers, especially in groups, has seen a boom as summer has arrived. However, travel firms are worried as airfares are high, and tour guides and passenger buses are lacking. Nguyen Cong Hoan, CEO of FlamingoRedtours, said the number of domestic travelers in the summer has increased by 3-4 times over the last […]
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