Central bank lowers ceiling on short-term interest rates

The State Bank of Vietnam (SBV) has lowered the interest rate cap on 6-month dong deposits from 5.5 percent to 5 percent, effective Tuesday.

Bourse records steepest session decline in 3 months

Vietnam’s benchmark VN-Index closed at 1,002.91 points Monday, down 7.12 points or 0.7 percent, the steepest drop since August 26.

How Long Thanh airport will be built

Long Thanh International Airport in the southern Dong Nai Province will have an annual capacity of 25 million passengers when built in 2025.
November 18, 2019 | 12:33 pm GMT+7

Human resources quality remains big challenge for Vietnam

Vietnam is 11th out of 12 Asian countries in a World Bank ranking of quality of human resources with 3.79 points out of 10.
November 17, 2019 | 04:32 pm GMT+7

Get private sector into debt trade, Vietnam advised

Vietnam’s debt-trading market is limited to two state-owned asset management companies and banks, but needs private players to increase liquidity, experts say.
November 17, 2019 | 01:31 pm GMT+7

HCMC third most promising real estate market in Asia-Pacific: report

Ho Chi Minh City ranks third best out of 22 cities in the Asia-Pacific for property investment in 2020, according to a report.
November 17, 2019 | 07:30 am GMT+7

Tax incentives cost Vietnam over $2 billion a year

Vietnam should cut back on its tax incentives, which costs it around VND50 trillion ($2.15 billion) a year, an Oxfam expert says.
November 15, 2019 | 11:26 am GMT+7

Cars to enter airports fee free for 10-15 minutes

From 2020, Vietnam’s airports will allow cars to wait 10-15 minutes while dropping or picking up passengers.
November 15, 2019 | 09:17 am GMT+7

HCMC stands ground in controversy over contractor selection

HCMC authorities insist there was no irregularity involved in the choice of a contractor for a $307 million wastewater treatment plant.
November 15, 2019 | 08:18 am GMT+7

Oil-fired electricity production to triple as dams go dry

Vietnam's oil-fired power generation is set to triple next year as a water shortage threatens production amid rising demand.
November 14, 2019 | 04:00 pm GMT+7

Coal, crude oil imports see upsurge

Vietnam’s coal and crude oil imports increased in the first ten months this year as energy demand rose alongside economic expansion.
November 14, 2019 | 10:45 am GMT+7

Government approves northern highlands airport in Sa Pa

The Ministry of Transport has approved a plan to construct Sa Pa Airport with a capacity of 3 million passengers a year.
November 13, 2019 | 08:51 pm GMT+7

Saigon cuts first metro line costs by $147 million

The HCMC administration has cut unnecessary expenses to lower its Metro Line 1 costs by VND3.4 trillion ($146.53 million).
November 13, 2019 | 06:34 pm GMT+7

NA concerned over Long Thanh airport developer's financial wherewithal

Lawmakers have expressed concern about the Airports Corporation of Vietnam’s financial wherewithal to go through with the mega Long Thanh International Airport project.
November 13, 2019 | 11:53 am GMT+7

Vietnam braces for trade deficit in 2020

The government expects a trade deficit next year as global conditions worsen, and wants to cap it at 3 percent of export turnover.
November 13, 2019 | 09:15 am GMT+7
 
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