Business Focus
Govt pledges level playing field for businesses
Prime minister Nguyen Xuan Phuc has pledged to create a level playing field for enterprises from all economic sectors given the business community’s concerns over discrimination between the State and...
New Step in FTA between Vietnam and Eurasian Economic Union
The Free Trade Agreement (FTA) between Vietnam and the Eurasian Economic Union keeps advancing after being ratified by President Vladimir Putin, which means that Russia fulfilled the procedure for its...
Real estate sector M&As on the rise
Vietnam is becoming an attractive profit-generating market for investment in Southeast Asia, with a low interest rate, record low inflation in 2015, and the VND exchange rate far better than...
BIDV, Vietinbank and VCB simultaneously lower lending rates
Complying the direction of the prime minister on adjusting lending rates for enterprises and the direction of the Governor of the State Bank of Vietnam (SBV) on reducing lending rates...
Banks cut lending rates
A number of banks, including State-run BIDV and Vietcombank, have slashed lending rates for corporate clients with good operations. Bank for Investment and Development of Vietnam (BIDV) last Friday announced rate...
Role of financial services in international trade highlighted
International payments and logistics services play a crucial role in global economic integration, especially the development of guarantee services and Standby Letters of Credit – the modern instruments that provide...
VASEP requests access to foreign-currency loans
The Vietnam Association of Seafood Exporters and Producers (VASEP) has requested the State Bank of Vietnam (SBV) to revise the current regulations to let them access short-term foreign-currency loans. According to...
Workshop discusses how to boost exports to the US
Inaccurate labeling of goods and materials in contravention of the regulatory requirements of the US Food and Drug Administration (FDA) were common mistakes which Vietnamese firms make when exporting to...