Firms praise lifting of SBV foreign money loan ban

Date: 06/06/2016

Export enterprises and commercial banks welcomed the State Bank of Vietnam (SBV)’s decision to allow credit institutions to resume provision of foreign currency loans two months after it was banned.

SCIC delays Vinamilk divestment

Date: 06/06/2016

The State Capital Investment Corporation (SCIC) will not divest State-owned investment capital from Viet Nam Dairy Products Joint Stock Company, known as Vinamilk, this year as planned.

Textilers hitch their wagon to US market

Date: 06/06/2016

If one asks which local sector has distinguished itself in terms of export quality and quantity to the US market over the past two decades, the textile and garment industry is most likely the obvious answer.

Strong growth in card payments boosting Vietnams economy: report

Date: 06/06/2016

The higher use of electronic payments helped consumption grow 0.22 percent in Vietnam in 2011-15, which translated to an addition of US$880 million to its gross domestic product (GDP) over the years, according to a global study.

Fish deaths did not impact exports: VASEP

Date: 05/06/2016

HCM CITY – Recent mass fish deaths in the central provinces of Hà Tĩnh, Quảng Bình, Quảng Trị and Thừa Thiên-Huế have not affected the supply or safety of aquatic exports, officials said.

Time for private businesses to have “greater voices”

Date: 05/06/2016

Time for private businesses to have “greater voices” Now that Việt Nam emphasises the importance of the private business sector, there is a chance for small- and medium-sized enterprises, especially female entrepreneurs, to have “greater voices”.

US Government owes $12 billion to Vietnam

Date: 05/06/2016

How much Vietnam lends to the US shows the strength of Vietnam, rather than the debt burden on the US government.

More exports join “one-billion USD” club

Date: 05/06/2016

The country’s “one-billion USD” club, which comprises exports with turnover of more than 1 billion USD, has been expanded after admitting an additional 12 exports as its members in the first five months of the year.

Challenged Ninh Binh plant restarts next week

Date: 05/06/2016

Vietnam National Chemical Group (Vinachem)’s $667 million nitrogenous fertiliser plant in Ninh Binh may restart its operation next week, after a two months temporary halt, according to newswire Tienphong.vn.

Bosch pours extra US$22 million into Dong Nai plant

Date: 05/06/2016

German firm Bosch, buoyed by strong growth in Vietnam in fiscal 2015, announced on June 2 to invest an additional US$22 million in a manufacturing plant in the southern province of Dong Nai.

Unprofitable technology startups receive millions of dollars in capital

Date: 05/06/2016

Momo, Tiki and many other technology startups still can call for millions of dollars worth of capital, even though they continuously take losses. Why?

Vietnam to have 1 million businesses by 2020: Deputy PM

Date: 05/06/2016

Vietnam’s government is exerting effort to meet a goal of having one million businesses by 2020, Deputy Prime Minister Vuong Dinh Hue said at a forum on Friday.

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