carbon dated multinational companies to cut suppliers failing to curb carbon emissions

Carbon Dated: multinational companies to cut suppliers failing to curb carbon emissions

A new study by Standard Chartered reveals that 78 per cent of multinationals will remove suppliers that endanger their carbon transition plan by 2025.
real estate dynamics in year ahead

Real estate dynamics in year ahead

2017 ended with mixed insights on market dynamics in the following years. Developers, buyers, and lessors are chasing after investment opportunities before the market shifts. Vietnam continues to be a promising land for foreign investors, while other neighbouring countries have become mature and thus less attractive.
energy savings offer food for thought

Energy savings offer food for thought

The food processing industry still has enormous potential for development even in the currently tough business climate, according to Vietnam’s Deputy Minister of Industry and Trade Ho Thi Kim Thoa. However, support measures from the government and commitment by firms to develop would be crucial to make the most of these multiple opportunities. 
green code for new buildings

Green code for new buildings

The enforcement of the new Building Energy Efficiency Code from November 15 provides a significant step forward in improving standards and reducing energy consumption for new buildings in Vietnam.
green growth sprouts from green investment

Green growth sprouts from green investment

The fast pace of economic development has serious consequences for the environment and socio-economic development, both on a global and national scale; and the implications of climate change are some of the greatest challenges Vietnam currently faces.
japanese yen initiative fails to turn heads

Japanese yen initiative fails to turn heads

The Japanese government’s attempts to promote the yen currency in the Vietnamese market via a trading fund initiative to support local exporters has yet to take off in Vietnam, where the dollar remains the currency of choice for export transactions.
incombank set to enjoy loan privilege

Incombank set to enjoy loan privilege

The government is likely to grant a special privilege concerning the lending limit for one state-owned commercial bank so it could fund a capital-thirsty national power transmission lines project developed by Electricity of Vietnam (EVN).
banks shy away from dap plant

Banks shy away from DAP plant

Commercial banks are casting a shadow over the country’s first fertiliser plant, failing to approve the $75-million loan package that the project hopes to receive this year.
banks keep shipbuilding sector afloat

Banks keep shipbuilding sector afloat

For the first time in Vietnam, three state-owned banks have joined forces to provide a guarantee on the country’s largest ever shipbuilding export deal.
local currency lends economy a helping hand

Local currency lends economy a helping hand

The Vietnamese dong has remained steady during the first nine months of the year, and its stability against the US dollar and other hard currencies will continue until year-end, financial experts have said.
rubber cheques will be bounced out of vietnam

‘Rubber’ cheques will be bounced out of Vietnam

The government has announced several measures to boost the use of cheques in the country, including a rather draconian one to dissuade people from issuing ‘rubber’ cheques.

Local banks poised to follow Fed lead

A leading state-owned bank unexpectedly raised its interest rates on US dollar deposits last week, nudging other commercial banks to follow suit.
opinion divided on new inflation gauge

Opinion divided on new inflation gauge

There has been a mixed reaction to the proposed changes in the way the General Statistics Office calculates inflation, which will mean detaching the rate of inflation from the consumer price index.
state land no longer for let

State land no longer for let

Right beside the National Cinema Centre, the grilled beef (bo tung xeo) restaurant on Thai Ha street is a favourite destination for all food lovers in Hanoi, not only for its tasty morsels of prime beef and fresh beers, but also for its location and large open-plan eating area.
weak management hurts pcfs

‘Weak’ management hurts PCFs

The bankruptcy of a people’s credit fund (PCF) in Long An province has raised serious questions about the management and State control of these funds.