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Vietnam makes it to AFC U23 Championship final after Qatar win

Vietnam makes it to AFC U23 Championship final after Qatar win

Vietnam defeated Qatar in a penalty shootout in the semifinals of the 2018 AFC U23 Championship in China on Tuesday, advancing into the historic final game

6.7 per cent growth rate projected by World Bank

6.7 per cent growth rate projected by World Bank

What does 2018 hold for Vietnam’s economy? Sebastian Eckardt, World Bank’s lead economist for Vietnam, gives VIR an analysis of the country’s positive macro-economic performance in 2017, as well as prospects of the new year.

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Ministries protest special consumption tax on soft drinks

Ministries protest special consumption tax on soft drinks

Numerous ministries and associations protested against the Ministry of Finance (MoF)’s proposal to apply a special consumption tax (SCT) of 10-20 per cent on soft drinks.

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Consumer lending in VN surged 65% in 2017

Consumer lending in VN surged 65% in 2017

Consumer lending in 2017 surged sharply by 65 per cent compared to 50.2 per cent in 2016, according to estimates of the National Financial Supervisory Commission (NFSC).

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Trial of Tram Be case started

Trial of Tram Be case started

On January 8, 2018, the trial of “intentionally violating state regulations on economic management and causing serious consequences” at Vietnam Construction Bank (VNCB), Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank), Tien Phong Bank (TPBank), and Bank for Investment and Development of Vietnam (BIDV) started. 

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Khaisilk violations to draw strict punishment

Khaisilk violations to draw strict punishment

Hoang Khai, Khaisilk’s chairman of the board of directors, will be strictly punished due to his company’s violations and fraudulent trading practices.

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Government approves restructuring of Vinachem

Government approves restructuring of Vinachem

Deputy Prime Minister Vuong Dinh Hue has signed Decision No.16 approving the restructuring plan of the Vietnam National Chemical Group (Vinachem).

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Steel association seeks strong response to US decision

Steel association seeks strong response to US decision

The Vietnam Steel Association (VSA) wants the Government to take a strong stance against anti-dumping duties levied by the US on certain products, including raising a dispute with the WTO, if needed.

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Stable financial polices keep business secure: PM

Stable financial polices keep business secure: PM

Financial policies must be kept stable in order to help firms feel secure while conducting production and business activities, Prime Minister Nguyen Xuan Phuc said on Monday.

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DOC launches sunset review of anti-dumping measure on Viet Nam wind towers

DOC launches sunset review of anti-dumping measure on Viet Nam wind towers

The US Department of Commerce (DOC) has just published a paper announcing the initiation of a sunset review of the anti-dumping measures applicable to utility scale wind towers imported from Viet Nam.

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PVC misused trillion-dong advance payment

PVC misused trillion-dong advance payment

Almost all of the $6.6 million and VND1.3 trillion ($59 million) that PetroVietnam paid to PVC as advance payment to implement the engineering, procurement, and construction (EPC) contract for the $1.7-billion Thai Binh 2 thermal power plant was used to pay for PVC’s loans in banks.

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PVC embezzlement trial starts today

PVC embezzlement trial starts today

This morning, the Hanoi People’s Court opened the first instance hearing of Dinh La Thang, Trinh Xuan Thanh ...

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Securities market to introduce new product in 2018

Securities market to introduce new product in 2018

After nearly eleven months of thorough preparation, the Ho Chi Minh City Stock Exchange (HSX) finally scheduled the debut of a new securitised option called covered warrant (CW) for March 2018.

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Cat Linh-Hadong metro line to come into commercial operation in 2018

Cat Linh-Hadong metro line to come into commercial operation in 2018

The Cat Linh-Hadong Metro Line, Hanoi's first urban railway project, will have to begin commercial operation this year thanks to the disbursement of an additional loan of $250.6 million from Export-Import Bank of China (China Eximbank).

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Vietjet upgrading order to A321neo fleet

Vietjet upgrading order to A321neo fleet

Vietjet has recently upgraded its standing order of 42 A320neo aircraft to the larger, yet more effective A321neo, promising the industry that it will continue on its spectacular rise in the aviation market.

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Positive equitisation and divestment outlook in 2018

Positive equitisation and divestment outlook in 2018

Regarded as a fruitful year for the Vietnamese stock market, 2017 also saw great strides in the restructuring of state-owned enterprises through equitisation and divestment. Dang Quyet Tien, director general of the Department of Corporate Finance, spoke with VIR's Manh Bon about the results of the year’s equitisation and divestment deals as well as the new targets for 2018. 

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