The Hanoitimes – The Ministry of Industry and Trade will simplify many administrative procedures to offer maximum support for exports and import firms next time. According to a draft decree on guiding the implementation of the Law on Foreign Trade Management, which was approved by the National Assembly last year, the time for checking records for […]
Read MoreHANOI — Non-performing loans (NPLs) of credit institutions were controlled effectively in 2017, helping the NPL ratio of the entire banking system reduce to 2.3 per cent from 2.46 per cent in late 2016. Deputy governor of the State Bank of Vietnam (SBV), Nguyen Kim Anh, said the ratio of NPLs and other risky debts that could […]
Read MoreThe Hanoitimes – The banking sector has committed to the Prime Minister for an additional reduction of 0.5% in lending rates as of January 9. As such, Vietcombank is the first bank realizing this commitment. The Prime Minister Nguyen Xuan Phuc highly regarded the State Bank of Vietnam’s (SBV) effort in macro economic management in 2017 […]
Read MoreThe Hanoitimes – Experts said that it is time for Vietnam to adopt a completely new foreign direct investment (FDI) attraction strategy in accordance with the new situation in order to boost the effectiveness and spillover effect of FDI in the future. Despite the negative indications in the beginning of the year, including the unilateral withdrawal […]
Read MoreLeaders from the six countries that the Mekong River runs through yesterday endorsed two key strategies at the latest summit of the Lancang-Mekong Cooperation (LMC), which was held in Phnom Penh’s Peace Palace. The Phnom Penh Declaration was one of the documents approved, an action plan that focuses on four main areas: political and security […]
Read MoreThe Hanoitimes – Vietnam’s retail market picks up where it left off last year with the addition of two leading brands joined the market right in the first month of 2018. It is thus important for domestic retailers to develop new retailing methods, especially with the focus on e-commerce as a decisive factor to enhance competitiveness. […]
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