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Credit crunch putting the squeeze on businesses: government committee

Credit crunch putting the squeeze on businesses: government committee

Vietnamese businesses, especially in the private sector, are finding it difficult to maintain operations without access to much needed capital, says the government's Private Sector Development Committee.
Vietnam PM asks ASEAN, partners to prioritize economic recovery, security solutions

Vietnam PM asks ASEAN, partners to prioritize economic recovery, security solutions

Prime Minister Pham Minh Chinh has called on ASEAN and its partners to prioritize economic recovery and find solutions for security challenges.
November 13, 2022 | 03:05 am PT
Japan PM says it will ease Covid border control requirements next month

Japan PM says it will ease Covid border control requirements next month

Japanese Prime Minister Fumio Kishida said his country will ease Covid border control requirements next month, a key step in fostering a recovery in Japan's tourism sector, which is eager to take advantage of the yen's slide to a 24-year low.
September 23, 2022 | 03:40 pm PT
Foreign companies in Vietnam seek consistent business environment

Foreign companies in Vietnam seek consistent business environment

Foreign-invested firms expect the Vietnamese government to ensure a consistent business environment and offer transparent tax policies to secure long-term investment.
September 17, 2022 | 05:16 am PT
PM calls on foreign firms to keep faith in Vietnam's investment environment

PM calls on foreign firms to keep faith in Vietnam's investment environment

Prime Minister Pham Minh Chinh pledged to create a safe and transparent investment environment and urged foreign companies to keep faith while doing business in Vietnam.
September 17, 2022 | 05:08 am PT
$34.2-bln loan package for post-Covid recovery virtually undisbursed

$34.2-bln loan package for post-Covid recovery virtually undisbursed

Banks have only disbursed 1% of the VND800 trillion (US$34.2 billion) economic recovery package in the three months since it was announced.
August 18, 2022 | 10:50 pm PT
Vietnam wants to soon become center of global value chain: PM

Vietnam wants to soon become center of global value chain: PM

Prime Minister Pham Minh Chinh has called on South Korean businesses to expand investment to help Vietnam soon become a center in the global value chain.
July 30, 2022 | 04:57 pm PT
Government’s three recovery focuses for 2022

Government’s three recovery focuses for 2022

Reviving the business sector, boosting exports, and increasing disbursement of public spending are key to achieving the economic growth target of 6-6.5 percent for 2022, the government has said.
January 5, 2022 | 09:40 pm PT
WB provides Vietnam $221.5 mln loan for pandemic recovery

WB provides Vietnam $221.5 mln loan for pandemic recovery

The World Bank and Vietnamese government have signed a credit agreement for $221.5 million to support the country’s Covid recovery via policy reforms.
December 27, 2021 | 02:28 am PT
Vietnam needs $29 bln recovery package: economists

Vietnam needs $29 bln recovery package: economists

Vietnam will need an aid package worth 5.5-8 percent of its GDP, or VND445.76-666 trillion ($419.38-28.95 billion) aid recovery over the next two years, said local economists.
December 5, 2021 | 06:20 pm PT
Vietnam economy recovering, contraction bottoms out: WB

Vietnam economy recovering, contraction bottoms out: WB

The Vietnamese economy is actively recovering with a rebound in industrial production and retail sales, continued trade surplus and stabilized credit growth, a World Bank (WB) update says.
November 12, 2021 | 07:09 am PT
Businesses seek to boost economic recovery

Businesses seek to boost economic recovery

Business leaders want to contribute more to the recovery of the economy after the fourth Covid-19 wave wrecked production and slowed growth.
October 12, 2021 | 04:03 pm PT
Don't delay Hanoi airport reopening, experts advise

Don't delay Hanoi airport reopening, experts advise

Many experts say a prolonged delay in reopening Hanoi's Noi Bai Airport would hinder the aviation sector's plan to resume domestic flights to boost economic and tourism recovery.
October 6, 2021 | 05:57 pm PT
Vietnam records 5,477 new local Covid cases

Vietnam records 5,477 new local Covid cases

Vietnam recorded 5,477 new local Covid-19 cases in 40 localities on Saturday, down 1,464 cases from the previous day, pushing the tally during the ongoing wave to 798,627.
October 2, 2021 | 04:06 am PT
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