Business News

[18-01-2016] Viet Nam's real estate market is expected to continue recovery this year after gaining good business results last year, with the market reaping benefits from favourable macro conditions, experts said.

[19-01-2016] The central bank will control property loans to limit risks this year, an official told a meeting in HCM City late last week. State Bank of Viet Nam deputy governor Nguyen Phuoc Thanh said that although credits grew positively with the majority of loans poured into production and business activities last year, many banks pumped too much capital into the real estate market.

[19-01-2016] The new exchange rate management policy has helped reduce the US dollar speculation in the domestic market, an official said at an online discussion yesterday. It has also encouraged organisations and individuals to sell the greenback to commercial banks, the official added.

[16-01-2016] The stock price has gone down sharply, beyond all expectations, and gold has experienced a disappointing year while the housing price is going up, with more active trading activities. Foreign and domestic investors are racing to invest in new projects. Wealthy people are considering buying land or partments to profit.

[14-01-2016]  The amended Investment and Enterprise Laws were put into practice over half of a year with sharp increase in the number of newly-established enterprises and positive signals. Especially, six guiding documents were introduced with a view to ensuring the effective enforcement of the two laws.   

[12-01-2016] Long An leads the Mekong Delta region in foreign direct investment (FDI) attraction with 105 projects licensed in 2015 with a total registered capital of US$904 million. Among provinces and cities in the Mekong Delta,  Long An granted investment licences to 105 FDI projects with a total registered capital of US$904 million in 2015, an increase of 10 projects and US$533 million in capital, compared to the previous year.

[12-01-2016] Prime Minister Nguyen Tan Dung recently signed a decision to allocate socioeconomic development tasks and plans to eight ministries, namely the Ministry of Planning and Investment, the Ministry of Finance, the Ministry of Public Security, the Ministry of National Defence, the Ministry of Agriculture and Rural Development, the Ministry of Industry and Trade, the Ministry of Health, and the Ministry of Labour, Invalids and Social Affairs.

[12-01-2016] Industrial production and trade performance were boosted to achieve positive results in 2015, according to the review report by the Ministry of Industry and Trade.