large banks concerned about raising capital

Large banks concerned about raising capital

State-owned banks are struggling to raise capital to improve their capital adequacy ratio (CAR) in line with Basel II requirements.
hue to commence evacuation of illegal residents in march

Hue to commence evacuation of illegal residents in March

Around 500 families in Hue City in the central province of Thua Thien-Hue will be removed from their homes and relocated to another part of the city.
officials pay pre christmas visits to thua thien hue da nang ha nam

Officials pay pre-Christmas visits to Thua Thien-Hue, Da Nang, Ha Nam

Christmas greetings were extended to Catholic dignitaries and followers in central Thua Thien-Hue province and Da Nang city, and northern Ha Nam province by senior officials on December 23.
implementing ifrs 17 a step to polish framework

Implementing IFRS 17 a step to polish framework

IFRS 17, an International Financial Reporting Standard issued by the International Accounting Standards Board in May 2017, will likely begin to replace the current framework in Vietnam in the next seven years. Vanessa Lou, director of Actuarial Services in Southeast Asia, EY Singapore, talked with VIR’s Nhue Man about what this will mean to Vietnam, and how the country can gain therefrom.
is it time to wave good bye to the credit growth ceiling

Is it time to wave good-bye to the credit growth ceiling?

Experts suggest the central bank to abolish the annual credit growth target and let the market decide its own supply and demand of credit.
clermont group urged to help vn build fintech digital banking ecosystem

Clermont Group urged to help VN build fintech, digital banking ecosystem

Deputy Prime Minister Vuong Dinh Hue called on Singapore’s Clermont Group to share its experience with and provide consultations for Vietnam in building and developing an ecosystem for fintech and digital banking. 
korean airlines allowed import tax exemption

Korean Airlines allowed import tax exemption

Deputy PM Vuong Dinh Hue has agreed with the Ministry of Finance’s proposal on import tax exemption applicable to Korean Airlines.
world tea sommeliers from 15 countries compete in hue

World tea sommeliers from 15 countries compete in Hue

Tea sommeliers from around the world are competing in a skill competition in the city of Hue in the central province of Thua Thien - Hue from November 23-26.
un funds give poor residents disaster resistant houses

UN funds give poor residents disaster-resistant houses

Nguyen Hung, a paralysed lottery ticket seller in the central province of Thua Thien-Hue, has finally got his dream house. Part of funding for construction came from a housing programme run by the UNDP.
central region introduces priority tourism investment wish list

Central region introduces priority tourism investment wish-list

A raft of priority tourism investment projects in the central region’s tourism hotspots recently got exposure to the investor circle.
central vietnam waterfalls make a splash

Central Vietnam waterfalls make a splash

As the central region of Vietnam boasts some of the best white-sand beaches with warming sunshine and clear water, the area’s eco tourism is often overlooked, especially the natural waterfalls, which never fail to impress travelers.
thua thien hue sets to draw 10 trillion vnd investments

Thua Thien-Hue sets to draw 10 trillion VND investments

The central province of Thua Thien-Hue is striving to attract 15 domestic and foreign investment projects with total registered capital of some 10 trillion VND (428.8 million USD) in 2018.
vietnam destinations among asias hidden gems that make the us look like a dump

Vietnam destinations among Asia’s hidden gems that make the US look like a dump

Asia is a huge and mysterious part of the world which has so many incredible places that it would take us years to visit and properly feel them.
15 must visit places in vietnam

15 must-visit places in Vietnam

Vietnam is one of the most magical places in the world. Here are 15 of the most amazing destinations in the country that foreign holiday-goers should visit at least once in their lifetime.
inflation under control deputy pm

Inflation under control: Deputy PM

Despite complicated changes in the world situation, Vietnam has shown strong performance in stabilizing prices and reining in inflation, keeping the average at only 3.57 percent in the first nine months over 2017.