Business News

1. Vietnam firms cut foreign currency loans
2. Restructuring to boost M&A in banking industry
3. Undervalued banks winning bet for investors
4. Slower consumption and prospect of growth in 2023
5. Vietnam's Rail Network: Slow Train Headed for Fast-Track?
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1. Banks boost non-interest income
2. PM seeks crackdown on housing and bond fraud
3. Bad debt skyrockets at banks
4. Is it time to increase credit growth cap?
5. Home Credit wins three categories at Vietnam HR Awards 2022
----and more news

1. Self-propelled cranes truck supply
2. Measurement equipment and tools supply
3. Asphalt concrete spreader supply
4. Copper cable score cover supply
5. Automatic packaging system supply
----and more news

The monthly statistical data presents current economic and social statistics on a variety of subjects illustrating crucial economic trends and developments, including production of agriculture, forestry and fishery, business registration situation, investment, government revenues and expenditures, trade, prices, transport and tourism and so on.

Banks continue to increase their deposit rates to relieve liquidity constraints at year-end. On November 22, Hanoi-headquartered commercial lender Techcombank applied a new deposit interest rate chart, with the new rate inching up 30 basis points per year for six-month terms and beyond compared to the previous chart.

There is still a lot of untapped potential for Vietnamese businesses in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) three years after it went into effect, said policymakers and industry experts during an online conference in Hà Nội on Thursday.

The current Vietnamese Law on E-transactions 2005 is based upon the model Law on E-Commerce, which is outdated, and its terms are difficult to apply in practice. Meanwhile, e-commerce transactions are increasingly developing due to changing user demands and habits since the COVID-19 pandemic.

Deputy Prime Minister Le Minh Khai has signed a decision on the plan to reorganise state-owned enterprises with state capital for the 2022-2025 period. The decision was made after a lull of equitisation and divestment over the past three years due to the impacts of the pandemic.