Government mulls tightening foreign bank laws

Government mulls tightening foreign bank laws

Experts have agreed with the Government’s plan to restrict or even stop licensing wholly foreign-owned banks in Vietnam, saying it was necessary to help increase the stability of the domestic banking system.
Detailed guidance needed to tackle bad debt: experts

Detailed guidance needed to tackle bad debt: experts

Settling non-performing loans (NPLs) has been easier since the application of Nation Assembly’s Resolution 42 a year ago, but detailed guidance is still needed to make the use of the regulation smoother, industry insiders said.
Asian, European markets start week on positive note

Asian, European markets start week on positive note

Asian and European markets mostly rose on Monday (Aug 20) as investors grow hopeful that China and the United States will resolve their trade dispute.
Ha Tinh to build two solar power plants

Ha Tinh to build two solar power plants

Two new solar power plants are scheduled to be built in the central province of Ha Tinh, with total capacity of 58MWp.
Carriers reschedule flights due to Typhoon Bebinca

Carriers reschedule flights due to Typhoon Bebinca

Vietnam Airlines, Jetstar Pacific and Vietjet Air have announced to reschedule flights from/to airports in Hai Phong city and Nghe An and Thanh Hoa provinces on August 17 as a result of Typhoon Bebinca.
Cabinet members debate amendments on Law on Public Investment

Cabinet members debate amendments on Law on Public Investment

Prime Minister Nguyen Xuan Phuc on Thursday chaired the cabinet’s regular meeting on the development of institutions. The discussion focused on the revised Law on Public Investment which amends and supplements a number of articles of laws relating to the Planning Law.
New Zealand refreshes work rights for international graduates

New Zealand refreshes work rights for international graduates

The New Zealand government has launched a new international education strategy that will strengthen career opportunities for international students
Moody’s upgrades ratings of 14 Vietnamese banks

Moody’s upgrades ratings of 14 Vietnamese banks

Moody’s Investors Service on Tuesday upgraded the ratings of 14 Vietnamese banks, driven by its upgrade of Vietnam’s sovereign rating to Ba3 from B1 late last week.
Storm Bebinca to cause heavy rains in northern region

Storm Bebinca to cause heavy rains in northern region

Storm Bebinca, the fourth of its kind hitting the country this year, will result in downpours in northern and north central regions from the night of August 15 to August 17.
Measures devised to tighten management of scrap imports

Measures devised to tighten management of scrap imports

Minister of Industry and Trade Tran Tuan Anh has issued a directive on enhancing State management of scrap imports in order to implement the Prime Minister’s guidelines on strengthening the management of the import and use of scrap.
450 foreign and local firms set up booths at Vietnam Foodexpo 2018

450 foreign and local firms set up booths at Vietnam Foodexpo 2018

To be organised on November 14-17 in Ho Chi Minh City, Vietnam Foodexpo 2018 will welcome more than 450 foreign and local firms and thousands of experts.
Moody’s upgrades Vietnam’s ratings

Moody’s upgrades Vietnam’s ratings

Moody’s Investors Service on Friday upgraded the Government of Vietnam’s long-term issuer and senior unsecured ratings to Ba3 from B1 and changed the outlook to stable from positive.
Da Nang plans to become ASEAN logistics centre

Da Nang plans to become ASEAN logistics centre 1

The central city plans to build a logistics complex to position Da Nang as an international-standard logistics centre for Vietnam, ASEAN and the Asia Pacific region by 2030.
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