HÀ NỘI – The State Bank of Việt Nam has asked its branches and credit institutions nationwide to report quarterly their lending to small-and medium-sized enterprises (SMEs). Under Document No 62/NHNN-TD issued last week, the branches and institutions are instructed to report to the central bank their lending to SMEs as well as SMEs’ business […]
Read MoreHÀ NỘI — Products including telephones and spare parts, garment and textile, electronics and computers are expected to bring highest export turnover to the country in 2017, said the Ministry of Industry and Trade. Last year, Việt Nam’s total export turnover was US$175.9 billion, an increase of 8.6 per cent over the previous year. Therefore, […]
Read MoreHÀ NỘI – Consumer lending is seeing only a slow rise ahead of Tết (Lunar New Year), despite commercial banks offering preferential loans to both individuals and enterprises, Đầu tư Chứng khoán (Securities Investment) newspaper reported. Vietnam International Commercial Joint Stock Bank (VIB) is offering auto loans to customers at 7.6 per cent per year. […]
Read MoreHÀ NỘI – Two giant State-owned corporations, Vietnam National Petroleum Group (Petrolimex) and Vietnam Steel Corporation (VNSTEEL), achieved record profits last year, according to a conference held by the Party Organisation of the Central Enterprises Bloc (CEB) on Monday. Petrolimex earned more than VNĐ6.2 trillion in profit, reaching 158 per cent of its yearly target, […]
Read MoreCẦN THƠ — Deputy Prime Minister Vương Đình Huệ has instructed ministries and local governments in the Cửu Long (Mekong) Delta to prioritise investment in transportation and logistics services to help improve the region’s competitiveness. Speaking at a conference on logistics services held yesterday in the delta city of Cần Thơ, Huệ said poor road […]
Read MoreHA NOI — The Directorate of Fisheries under the Ministry of Agriculture and Rural Development (MARD) has set a goal of US$7.1 billion in seafood export revenues this year, about the same as the 2016 exports. It targets a total fisheries production of 6.85 million tonnes for the whole year, including 3.05 million tonnes of […]
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