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Friday,  09/20/2024
New special control regulations for credit institutions to take effect next month
New special control regulations for credit institutions to take effect next month
Hanoi (VNAS/VNA) - The State Bank of Vietnam (SBV)’s Governor or the directors of SBV’s municipal and provincial branches will be able to lace credit institutions under the SBV’s special control, starting from next month. Illustrative image (Source: VNA) Under Circular 11/2019/ TT-NHNN on special control for credit institutions, which will take effect of October 1 this year, credit...
Vietnam Solar Power Expo 2019 opens
Vietnam Solar Power Expo 2019 opens
Hanoi (VNA) – The Vietnam Solar Power Expo 2019 opened in Hanoi on September 25, drawing 48 exhibitors and more than 300 enterprises. Illustrative image (Source: VNA) Held by Neoventure, a professional investment advisor and event organiser with its registered office in China and Hong Kong, which provides market intelligence and sources asset-based investment opportunities in emerging markets, the...
Bac Giang-Lang Son Expressway creates economic momentum
Bac Giang-Lang Son Expressway creates economic momentum
(LSO) - The first section of the Bac Giang-Lang Son Expressway, stretching 64km, will be put into trial operation on September 29 after two years of construction. Nguyen Quang Vinh, General Director of Bac Giang-Lang Son BOT JSC, said major items of the stretch have been basically completed. The project’s investor has coordinated with local authorities, departments and agencies...
Reference exchange rate up 10 VND on September 26
Reference exchange rate up 10 VND on September 26
Hanoi (VNA) – The State Bank of Vietnam (SBV) set the daily reference exchange rateat 23,155 VND per USD on September 26, up 10 VND from the previous day (September 25). The State Bank of Vietnam (SBV) sets the daily reference exchange rate at 23,155 VND per USD on September 26.(Photo: VNA) With the current trading band of +/-...
Vietnam’s top 50 brands in 2019 announced
Vietnam’s top 50 brands in 2019 announced
Hanoi (VNA) – Vietnam’s top 50 brands in 2019 were announced on the sidelines of a workshop on brand management and development in Hanoi on September 24. The Military Industry and Telecoms Group (Viettel) takes the lead in the top 50 brands in Vietnam in 2019 (Photo: VNA) Brand valuation company Brand Finance and brand consultant Mibrand Vietnam presented...
Reference exchange rate down 5 VND on September 25
Reference exchange rate down 5 VND on September 25
Hanoi (VNA) – The State Bank of Vietnam (SBV) set the daily reference exchange rate at 23,145 VND per USD on September 25, down 5 VND from the previous day (September 24). The State Bank of Vietnam (SBV) set the daily reference exchange rate at 23,145 VND per USD on September 25, down 5 VND from the previous day...
Banks boost sales of mortgaged assets to resolve bad debts
Banks boost sales of mortgaged assets to resolve bad debts
Hanoi (VNS/VNA) - Many banks are auctioning mortgaged assets, mainly real estate, worth trillions of VND to speed up the resolution of non-performing loans. Sacombank has just announced the sale of many properties as collateral to recover debts at a total starting price of nearly 10 trillion VND (434.78 million USD) (Photo: Sacombank) The Sai Gon Thuong Tin Commercial...
Measures sought to support firms in exporting to ASEAN market
Measures sought to support firms in exporting to ASEAN market
Hanoi (VNA) – A conference was held in Hanoi on September 23 to seek solutions to support and create favourable conditions for businesses to export goods and services to the ASEAN market. A factory of the Tinh Loi garment company in Lai Vu Industrial Park in Kinh Thanh district, Hai Duong province (Photo: VNA) According to Nguyen Vu Kien,...