khanh hoa to build 43 million social housing complex

Khanh Hoa to build $43 million social housing complex

Early this month, Khanh Hoa People's Committee approved the revised investment policy and the investor for the Hung Phu II social housing project in Nha Trang.
cptpp likely to be approved in mid november

CPTPP likely to be approved in mid-November

The National Assembly’s upcoming sixth session will vote on ratifying the resolution and related documents on Vietnam’s joining the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). Nguyen Hanh Phuc, Chairman of the National Assembly (NA) Office, sheds some light on the procedures Vietnam needs to complete to ratify the deal.
foreign investors suffering losses may enjoy tax incentives

Foreign investors suffering losses may enjoy tax incentives

In a talk with VIR about several foreign-invested enterprises suffering losses due to workers in several localities were roused to angry protests over China’s placement of a drilling rig in Vietnam’s territorial waters, National Assembly Office Chairman Nguyen Hanh Phuc said these foreign investors may be given certain tax incentives.
rolls royce lands for business to take off

Rolls-Royce lands for business to take off

Rolls-Royce, a world leader in aerospace, marine and energy fields, is engineering success in Vietnam.
sacombank hunts investors

Sacombank hunts investors

Sacombank is courting foreign institutions for new marriages after a string of institutional investors bailed out on this top-tier private bank.
credit squeeze is leaving firms on their knees

Credit squeeze is leaving firms on their knees

The State Bank recently cut key interest rates on government concerns over signs of economic stagnancy in Vietnam, such as high inventories and negative credit growth. LienVietPostBank’s vice chairman Nguyen Duc Huong tells VIR’s Nguyen Hanh why he supports the moves.
vietinbank to test markets risk appetite

Vietinbank to test market’s risk appetite

Vietinbank could turn the heads of edgy investors this month as its international bond auction is launched amidst a risk averse global market.
trials and tribulations

Trials and tribulations

A vocational training programme in Hai Phong’s Tien Lang district funded by Deutsche Bank in cooperation with Save the Children offers hope to an impoverished community and one small family in particular, writes Nguyen Hanh  
credit limit reshuffled

Credit limit reshuffled

The State Bank is to offer foreign bankers a much needed carrot next year when it recalibrates lending limits to torpedo a one-size-fits-all policy.
british parliamentarians offer sage advice

British parliamentarians offer sage advice

A UK Houses of Parliament delegation last week  visited Vietnam to leverage relations between the UK and Vietnam, which are now strategic partners under a deal signed late last year.
canadians close in on vietinbank deal

Canadians close in on Vietinbank deal

Local lender Vietinbank looks set to clinch a key deal with Canada’s Bank of Nova Scotia within the next few months.
state bank chief has full plate

State Bank chief has full plate

Reducing Vietnam’s lending interest rate, stabilising the VND/USD exchange rate and consolidating the bulky system of credit institutions are all high on newly-elected State Bank Governor Nguyen Van Binh’s agenda.
bigger slice of credit institution pie for foreign appetites

Bigger slice of credit institution pie for foreign appetites

Foreign strategic investors are set for a breakthrough in their long desired wish to have greater stakes in Vietnamese credit institutions.
banks face tough juggling act

Banks face tough juggling act

Foreign banks’ January-April credit growth was 14.7 per cent, or more than double that of the banking system as a whole.
tough medicine for pharma firms

Tough medicine for pharma firms

Most listed Vietnamese firms would love to boast of a foreign component to their ownership structure, seeing it as a boost to their prestige.