Social housing projects halted by capital shortage

Social housing projects halted by capital shortage

In April 2017, the National Assembly Standing Committee granted the Việt Nam Bank for Social Policies (VBSP) VNĐ2 trillion ($88 million) to implement the housing assistance programme for those who have contributed to the revolutionary cause. However, both homeseekers and enterprises were unable to access the preferential loans.
Exchange rates rise, credit stationary

Exchange rates rise, credit stationary

Exchange rates for both the central bank and other commercial banks rose slightly in February, while the credit sector showed little significant change, said the National Financial Supervisory Commission (NFSC).
Real estate firms ready to face tightened lending requirements

Real estate firms ready to face tightened lending requirements

Real estate firms need to prepare to cope with more stringent lending requirements from banks from this year as well as the upcoming influx of new supply.
VinFast reveals petrol and electric hatchback designs

VinFast reveals petrol and electric hatchback designs 1

After the sedan and SUV models, Vietnamese auto brand VinFast announced releasing an electric and a petrol-fuelled hatchback in late 2019.
Moody’s: CPTPP benefits shortened without US

Moody’s: CPTPP benefits shortened without US

Moody’s said the CPTPP will prove smaller without the participation of the US, but the trade deal will still boost exports, incomes, and help reform efforts.
Violations suspected around Vietnamobile’s super low-cost SIM cards

Violations suspected around Vietnamobile’s super low-cost SIM cards

Vietnamobile super low-cost SIM card called “Thánh SIM” may violate Vietnam's telecommunication fee management regulations.
Vietnamese financial sector in crosshairs of foreign capital

Vietnamese financial sector in crosshairs of foreign capital

A rising number of foreign investors reported eyeing the Vietnamese financial sector as it was rated among the country’s highest profit-generators.
Committee established to manage state capital

Committee established to manage state capital

In a bid to effectively manage state capital, the government established an official committee on February 5, 2018 to control state capital in enterprises. However, how this committee can operate smoothly and reach the government’s goals remains questionable.
Bulgaria Rose Festival returns to Hanoi for the second time

Bulgaria Rose Festival returns to Hanoi for the second time

To celebrate the 68-year diplomatic relation between Bulgaria and Vietnam, Bulgaria Rose Festival returned to the capital city of Hanoi for the second time, bringing the iconic Bulgarian roses and rose-extracted products to the people in Hanoi.
Mizuho Bank and Vinh Phuc province sign MoU on investment promotion

Mizuho Bank and Vinh Phuc province sign MoU on investment promotion

Mizuho Bank and Vinh Phuc signed a MoU to bring Japanese investment to the northern province.
K-water joins SMEs to bring smart water management to Vietnam

K-water joins SMEs to bring smart water management to Vietnam

K-water will team up with 10 small and medium-sized venture firms in the domestic water industry to enter the Vietnamese smart water management market.
Infrastructure development to be made foundation for the economy

Infrastructure development to be made foundation for the economy

Vietnam’s demand for infrastructure development, including transport, energy, and urban development, is huge, while public investment and ODA loans are limited.
VN to up investments in Bangladesh

VN to up investments in Bangladesh

Việt Nam will promote its investment activities in Bangladesh, especially in the areas of mutual co-operation such as telecommunications, information technology, agriculture, food processing, petroleum and infrastructure development.
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