Vietnam likely to keep dong strong this year

Vietnam has room to keep its currency strong until year-end despite pressures from a rising dollar and falling yuan, analysts said.

Central bank clamps down on corporate bond growth

Vietnam's central bank has directed commercial banks to stop purchasing corporate bonds towards minimizing risks and tightening control over real estate sector borrowings.

Suppliers struggle to join multinationals’ chains

Vietnamese firms say they have struggled to participate in MNC supply chains, with the latter prioritizing cheaper home country inputs.
August 23, 2019 | 12:15 pm GMT+7

Politburo issues first resolution on FDI

Vietnam's Politburo has issued its first ever resolution on attracting foreign investment, prioritizing high-tech and clean sectors.
August 23, 2019 | 10:44 am GMT+7

Delay in repairing Hanoi airport runways continues

Vietnam’s airport operator is still not allowed to invest in repairing runways at the Noi Bai International Airport.
August 21, 2019 | 08:13 pm GMT+7

14 transport projects to begin this year

Fourteen rail and road projects costing VND15 trillion ($645.45 million) will start this year and be completed by 2021.
August 21, 2019 | 04:31 pm GMT+7

Central bank worried about high foreign ownership in fintech firms

Vietnam’s central bank is worried foreign ownership of up to 90 percent in large fintech firms could lead to market manipulation.
August 21, 2019 | 02:12 pm GMT+7

Disbursement of public funds far behind schedule

Localities nationwide have disbursed just 31 percent of the National Assembly’s 2019 public investment plan at VND134.5 trillion ($5.8 billion) in Jan-July.
August 21, 2019 | 08:48 am GMT+7

Vietnam to auction new 4G spectrum as telecom speeds fall

Vietnam will auction a new high-frequency 4G spectrum since the existing one has been almost fully taken resulting in lower speeds.
August 19, 2019 | 02:02 pm GMT+7

Vietnam to revise GDP methodology to match international norms

Vietnam is reassessing its GDP methodology to meet international norms and better reflect its economic size and structure.
August 18, 2019 | 11:00 am GMT+7

Government to sell stakes in 93 state-owned firms by 2020

Vietnam plans to speed up its equitization program by selling stakes in 93 major state-owned companies by the end of 2020.
August 16, 2019 | 06:18 pm GMT+7

After 10-year-delay, southern expressway set for completion in 2021

The long-delayed Trung Luong-My Thuan Bridge could open to traffic next year following the government's approval of supplemental funding for the project.
August 16, 2019 | 03:47 pm GMT+7

Gov't lacks funds to buy back low-revenue BOT projects

BOT projects not yielding the expected revenue have put both the government and investors in more than a spot of bother.
August 16, 2019 | 08:38 am GMT+7

ODA disbursement slows down to a crawl

Vietnam disbursed a measly 7 percent of the annual ODA disbursement target in Jan-May, a parliamentary report says.
August 15, 2019 | 07:00 pm GMT+7

Bank credit growth likely to fall below target: securities firms

Securities companies forecast banking credit growth this year to be 12-13 percent, lower than the central bank's 14 percent target.
August 15, 2019 | 11:01 am GMT+7
 
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