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The State Bank of Vietnam (SBV) said it will slash the deposit dollar interest rates sharply. However, it would keep cautious steps when deciding when and how much to slash the interest rates in order to ensure the liquidity for the banking system.
Chinese investors are getting active in Vietnam’s power sector investment.
Signs of violation of the Competition Law have emerged in the pharmaceutical market of Vietnam, said Nguyen Phuong Nam, deputy director general of the Vietnam Competition Authority under the Ministry of Industry and Trade.
Construction of the Phu My 3 Industrial Zone starts today in the south-eastern province of Ba Ria Vung Tau to predominantly house Japanese companies. Viet Nam News spoke to Nguyen Thi Thao Nhi, CEO of the Thanh Binh Phu My Joint Stock Company, the major investor in the zone, about its strengths and...
The Vietnam National Shipping Lines (Vinalines) has had its investment license revoked. PetroVietnam has also decided to quit a project in the Van Phong Economic Zone.
This is the first time the Military Telecom Corporation (Viettel) to invest in a developed country.
Vietnamese Deputy Finance Minister Do Hoang Anh Tuan is on a visit to Italy from June 15-20 to seek stronger ties with Italy’s Ministry of Economy and Finance.
The dollar price has been increasing these days because of the slight demand increase. However, the dong/dollar exchange rate is believed to get stabilized by early July 2013.
Four enterprises, which are private businesses and joint stock companies, have got the licenses from the Ministry of Industry and Trade to operate as the petroleum distributors in the domestic market. The number of the distributors would still be rising.
The Red River Delta region holds a particularly important position and role in national development. Building the Red River Delta region into the country’s economic growth driver of the country is the region’s development objective through 2020.
The high taxes being imposed on automobiles would be cut sharply in a strategy to stimulate the demand and attract the investments to the Vietnamese automobile manufacturing.
Luxembourg has been hailed as one of Viet Nam’s most important economic, trade and investment partners by the Foreign Investment Agency (FIA) ahead of a major finance forum between the two countries next Tuesday.
