Gov’t raises more than $14 billion via G-bonds in 2020
As of December 31, 2020, the total value of G-bonds reached more than VND1,350 trillion (US$58.55 billion), up 17.39% year-on-year.
Fintech forecast to be robust this year
The regulatory sandbox for financial technology (fintech) which is expected to be created this year, coupled with efforts to promote the use of digital financial services, are expected to accelerate the development of fintech in Vietnam.
Vietnam stock market overloaded by surge of new investors, index jumps
HANOI — Vietnam’s benchmark stock exchange is struggling to keep up with a large influx of local investors looking to move cash away from savings accounts which are offering declining interest rates, sources and stock market analysts said. Vietnam, the region’s small frontier market, has seen a
VN-Index surpasses 1,130 points
VN-Index surpasses 1,130 points
Solar power boom poses a distribution challenge
The increasing solar power capacity has made it difficult for national utility Vietnam Electricity (EVN) to ensure stable power distribution nationwide.
Long Thanh airport expected to contribute 3-5% of Vietnam’s GDP: PM
HCMC – Despite the profit taking pressure, the VN-Index of the Hochiminh Stock Exchange continued its upward spiral and gained 12.08 points at the close on January 5, buoyed by active cash flow.
HCMC proposes capital allocation to speed up progress of key projects
HCMC proposes capital allocation to speed up progress of key projects
Vietnam Gov’t announces measures to boost economic growth in 2021
Government agencies continue to tighten procedures of issuing new legal documents related to business conditions, administrative procedures and specialized inspection to create a favorable and transparent business environment.
Work starts on Long Thanh international airport
Construction of the first detail of Long Thanh International Airport in the southern province of Dong Nai starts on January 5.
Sa Pa resort welcomes 65,000 visitors during New Year holiday
The resort town of Sa Pa in the northern mountainous province of Lao Cai received approximately 65,000 arrivals over three days during the New Year holiday.
Work begins on My Thuan-Can Tho expy
HCMC – The ferry service linking HCMC’s outlying coastal district of Can Gio and neighboring Ba Ria-Vung Tau Province’s Vung Tau City was officially inaugurated today, December 4, with two ferries offering 24 trips everyday.
Fitch Solutions revises up Vietnam GDP growth forecast to 8.6% in 2021
Vietnam’s strong growth momentum in manufacturing is expected to continue in 2021, supported by growing external demand from trade deals such as the EVFTA, UKVFTA, and RCEP.
Vietnam not considering int’l flight resumption
Vietnam is not considering a resumption of international commercial flights with the Covid-19 situation remaining intense globally and vaccine distribution uncertain.
Over 100,000 businesses pull out of market in 2020
HCMC – The Ministry of Planning and Investment has been told to coordinate with the relevant agencies to map out the second Covid-19 relief package plan and then report it to the Government and the prime minister, attendees were told at the Government’s press briefing held today, January 4.
A second life for plastic waste
HCMC – Some 101,719 businesses in Vietnam withdrew from the market in 2020, up 13.9% compared with 2019, highlighting the negative impacts of the Covid-19 pandemic on the corporate sector, data of the Business Registration Department indicated.
Cheap sturgeons imported from China challenge fish farmers in Vietnam
A large number of Chinese sturgeons have been imported into Vietnam and sold in the local market at cheap prices, resulting in challenges for fish farmers in the Southeast Asian country. The issue has been addressed by Nguyen Dinh An, head of the Lam Dong Province Cold Water Fish Development