The State Bank of Vietnam (SBV) has issued Decision No.1604/QD-NHNN, approving a scheme on developing green banks in the country by using credit to back eco-friendly projects, with the aim of raising awareness of local banks on the social responsibility in fighting climate change, reported the local media.
(VNF) – Member of the Steering Committee of the Hanoi City’s Party, Vice Standing Chair of the municipal People’s Commitee, Nguyen Van Suu on March 20th held a reception for Governor of Bratislava (Slovakia), Juraj Droba.
Last year saw a lot of merger and acquisition (M&A) activities in the Vietnamese property sector, with transactions totalling US$1.5 billion and the participation of many major foreign players.
Approximately 70% of Japanese enterprises operating in Vietnam intend to expand their operations in future, an increase of 3% compared to 2016, according to a JETRO survey.
Japan is keen to attract more foreign investment and many Vietnamese companies have decided to try their luck in the country.
With huge investment, commodities suiting all tastes, ages and income levels, and round-the-clock services, convenience stores could make a splash in the Vietnamese food and beverage market.
Vietnamese businesses’ expansion to the Middle East market is considered an important and long-term strategic direction amidst saturated traditional markets and decreased consumption.
Vietnam Airlines is moving forward as its state shareholders plan to divest 430 million shares, cutting state holdings to 51 per cent.
The Securities Journalists Club (SJC) on December 27 announced the top 10 events of Vietnam’s stock market in 2017, a year of many new records.
(VNF) – According to Nguyen Van Toan, Vice Chairman of the Vietnam Association of Foreign Investment Enterprises, US$8 billion is the annual investment value from the Republic of Korea (RoK) firms to Vietnam in the past four years.
In overall for 12 months of 2017, total value of newly, additionally registered capital, capital contributed and shares bought by foreign investors of 35.88 billion USD, up 44.4% compared to the same period of 2016.
The processing and manufacturing industry is always the most attractive foreign direct investment (FDI) segment, accounting for 45 per cent of total registered investment capital. However, Vietnamese enterprises are stuck on the lower rungs in the global supply chain.
Vietnam Airlines and LOT Polish Airlines have signed a cooperation agreement to bring more benefits and travel options to their passengers.
(VNF) - Vietnam welcomed more than 11.6 million international tourists in 2017, not yet counting December, a year-on-year rise of 27.8%, according to Vietnam National Administration of Tourism.
Prime Minister Nguyen Xuan Phuc hosted a reception for Victoria Kwakwa, Vice President of the World Bank (WB) for East Asia and Pacific Region, on November 7, on the sidelines of the Vietnam Business Summit, taking place in the central coastal city of Da Nang.
Ho Chi Minh City, the southern economic hub, attracted 5.04 billion USD in foreign direct investment (FDI) in the first 10 months of 2017, a two-fold increase year on year.
The Vietnamese government expects domestic and foreign investors to invest in airport infrastructure in Vietnam, Deputy Prime Minister Vuong Dinh Hue told corporate executives of Zurich Airport during a reception in Hanoi on October 25.