News
Cautious banks to focus on lending quality
Credit growth in the first two months of 2017 rose 1.23 per cent year-on-year, but credit institutions remain cautious over business targets while focusing on lending quality. The growth seen in 2017 was higher than the 0.33 per cent growth rate noted in the first ...
Đà Nẵng tops competitive index
Đà Nẵng maintained its status as the most competitive locality in the country, topping the Provincial Competitiveness Index 2016 for the fourth consecutive year and seventh year at the top position since the rank was announced. The annual report, the 12th of is kind so ...
Vietnamese businesses worry about weak competitiveness
A survey found that only 32 percent of businesses have confidence in the competitiveness of their products, while others are worried about the increased presence of foreign goods. Chu Tien Dung, chair of the HCMC Business Association, said at the meeting between HCMC’s leaders and ...
Vietnam aims for safe, speedy railway
Nguyen Ngoc Dong, Vice Minister of Transport, speaks to Tien Phong (Vanguard) newspaper about his Ministry’s plan to develop a fast, yet safe railway service. Who is to blame for the rise in accidents at railroad crossing points in Viet Nam? I have to admit ...
US investor buys big stake in Vietnamese curcumin company
In early 2017, PHI Group, an investor from the US, unexpectedly announced the purchase of a 51 percent stake of Hoang Minh Chau, called the ‘curcumin King’ of Khoai Chau area in Hung Yen province. The value of the deal remains a secret. Analysts believe that ...
CLMV parliaments share public investment experiences
The parliaments of Cambodia, Laos, Myanmar and Viet Nam shared experiences in monitoring and managing State budget and public investment during a conference in Phnom Penh on Monday. Addressing delegates at the launch of the conference, Cambodian National Assembly leader Heng Samrin said the event ...
Quảng Nam struggles to hire doctors
The central province of Quảng Nam is struggling to recruit doctors for public hospitals and clinics because of low pay and tough working conditions. At the General Hospital in the tourist hotspot of Hội An City, there are not enough doctors to serve local patients, ...
Bright prospects for steel firms despite challenges
Việt Nam’s listed steel companies can achieve higher growth in 2017 despite a volatile and predictable international market if they optimise operations and exploit missing links in the sector’s supply chain, experts said on March 13. Given recent international developments, global markets are likely to ...
Điện Biên advised to make use of advantages to foster tourism
The northwestern province of Điện Biên should capitalise on its advantages to develop tourism, National Assembly Chairwoman Nguyễn Thị Kim Ngân told provincial officials on March 13. Lauding local socio-economic achievements, the top legislator, who is visiting some northwestern provinces, told Điện Biên to use ...
Quang Ninh: Tonkin Gulf fishery logistics centre to be launched
The construction of the Tonkin Gulf fishery logistics center in Co To island district, northern Quang Ninh province, is expected to be put into operation in March, said Secretary of the district Party’s Committee Hoang Ba Nam. The project, started in 2009, has a total ...
