Business

The long awaited VND30 trillion credit package to stimulate the real estate market will be officially launched June 1, according to the State Bank of Vietnam.

Despite lower interest rates, many enterprises are still finding it hard to access bank loans and are turning to personal channels to source capital to main their business.

The government's policy to buy rice from farmers at the peak of the harvest season is inefficient as it only indirectly supports rice growers and their real benefits are modest.

Shares of Hoang Anh Gia Lai Group has dropped sharply after an NGO accused the firm of land grabbing of in Laos and Cambodia.

The World Bank has signed three credit agreements with Vietnam to finance a combined USD400 million for enhancing the country’s competitiveness and education.

HCM City sets a target to double its average income by 2020, according to a master plan approved by the People’s Council.

A contract for the construction of the main work of the Lai Chau hydropower plan worth more than 11 trillion VND was signed in Hanoi on May 13.

Major U.S. retailers including Gap Inc declined to endorse an accord on Bangladesh building and fire safety backed by Europe’s two biggest fashion chains, a trans-Atlantic divide that may dilute garment industry reform efforts.

The Vietnam Asset Management Company may be exempt from taxes, according to the NA Finance and Budget Committee.

The government has requested that the State Bank of Vietnam reduce the gap between deposit and lending interest rates.

More than 300 delegates are gathering for the first ASEAN international conference on geology and natural resources in Vietnam’s Ba Ria-Vung Tau province on May 13-14.

The government should pay proper attention to agriculture and rural development instead of only concentrating on industrial and urban development, one expert has said.

The State Bank of Vietnam has cut key interest rates by 1 percent, applicable since May 13.

The Prime Minister has given the green light to a US$27-billion oil refinery project to be invested by the Petroleum Authority of Thailand in Binh Dinh province, announced a provincial leader.

The Ministry of Information and Communications has announced that mobile phone users will now be able to change network providers without swapping their mobile numbers from January 1, 2017.

Fraudulent online stores are flooding the internet, scamming people with various kinds of tricks.

Vietnam hopes to receive more support from the Japanese Government to develop its agricultural sector in a modern direction, ensuring food security and adapting to climate change, a Ministry of Agriculture and Rural Development senior official has said.

Hanoi has begun granting land use right certificates to foreigner, a move that is intended to improve the frozen real estate market, however, businesses remain sceptical.

The second Mekong Resources Forum on investment cooperation and the sustainable development of the Greater Mekong Sub-Region - was held in the northern province of Vinh Phuc on May 10.