SBV refuses to lift credit growth ceiling, but banks remain optimistic

The State Bank of Vietnam (SBV) may not approve the commercial banks’ proposal on lifting the credit growth rate ceiling, but banks still believe they will be able to fulfill their yearly business plans.

Mid-Autumn Festival gets into full swing

 Mid-Autumn Festival is not only a fun time for children.

Through the lens: HCM City’s 3rd Ornamental Fish Festival attracts visitors

 Fifty booths featuring fish breeding equipment and 200 ponds for ornamental fish are on display at the third Ornamental Fish Festival.

Ha Noi’s paper masks bring joy to children

 In a tiny workshop perched atop a narrow four-storey house in an alley of Hà Nội’s Old Quarter, Nguyễn Văn Hòa puts the final touches on a handmade paper Spiderman mask – a fresh take on a traditional Mid-Autumn Festival toy.

Exhibition asks the public to rethink plastic

 Nguyễn Phương Anh, a 12-year-old student from Hà Nội Amsterdam School, thought plastic bags found their final resting place in the dustbin until she joined an educational project on plastic recycling.

Hau Giang lantern village cheers mid-autumn fest

 Over the past eight years, Trần Thị Tuyết Minh and her husband Phạm Hữu Minh have not only set up stable work for themselves but also created jobs for many people in Vĩnh Thuận Đông Commune, Hậu Giang.

MoET launches inspection on printing and circulation of textbooks

 The Ministry of Education and Training (MoET) has decided to launch inspections into the printing and distribution of textbooks for the 2018-2019 academic year.

Social News 23/9

 Material prosperity must be accompanied by fulfilling spiritual life: PM, Better, universal payment system needed for public transit: experts,On-site reproductive, family planning services improve female factory workers’ health, productivity

Animal diseases are under control in Viet Nam

 Việt Nam has managed to stamp out most diseases among cattle and poultry, according to the Department of Animal Health (DAH) under the Ministry of Agriculture and Rural Development.

Gov’t strengthens inspection on mineral mining

 Deputy Prime Minister Trịnh Đình Dũng has requested the Ministry of Natural Resources and Environment strengthen inspections on environmental protection in mineral mining.

Suspected human skulls found in fire rubble

 Objects suspected to be human skulls were found at the scene of a recent massive fire in Hà Nội, police announced on Friday evening.

Craft villages struggle as young workers leave

 Craft villages face a shortage of labour as young workers tend to leave their hometowns, seeking city jobs rather than staying and doing traditional work.

Vietnam maintain Southeast Asia reign in latest FIFA rankings

 Vietnam have defended their 102nd position in the world as the International Football Federation (FIFA) released its latest men’s rankings on September 20.

Taking Vietnam's aviation industry to greater heights

Honeywell offers aviation solutions that allow industry stakeholders to stay ahead of the curve. 

Real estate credit tightened

VietNamNet Bridge - At most banks, loans provided to the real estate sector account for no more than 7 percent of their total outstanding loans, but the figures are above 10 percent at other banks.

Bottleneck stymies Vietnamese firms from raising foreign shareholding

 Public companies are finding it hard to lift foreign ownership limit (FOL) to 100 percent due to current legal regulations on business condition lines and investment.

Having a permanent establishment in Vietnam could cost a pretty penny

With the trend of globalisation, more companies have extensive business operations across many territories and jurisdictions, but not all of them have a good understanding about domestic tax regulations in the host countries or in tax treaties.

Foreign PE funds making a difference

 VET gathered opinions from foreign investors about Vietnam's private equity (PE) market.

Vietnam urged to mobilize $60 billion from the public

At the Vietnam Economic Forum held some days ago, experts from the World Bank said that $60 billion hoarded by the public could be a huge capital resource for the country’s development.

FiT increase heralds renewable rush

 While Vietnam is in the midst of a solar power rush and the feed-in tariff (FiT) scheme for solar power has been extended until the end of 2020 in Ninh Thuan, the country may also witness the start of a wind power rush.

30 years of FDI in Vietnam: new vision and opportunities in a new era

 Less than two weeks are left before Vietnam celebrates 30 years of FDI mobilisation with a large-scale conference reviewing performance so far and discussing strategies and opportunities in the future.

Power supply failure cut access to online newspapers

 The failure of emergency power supply at VNG Corporation in HCM City-based Quang Trung Software City caused access errors to a number of online newspapers and news websites yesterday morning.

Nom pagoda typifies Vietnamese culture

 Nom pagoda in Dai Dong commune, Hung Yen province, embodies the charm of Vietnamese culture. Located only thirty kilometers from Hanoi, the pagoda is a popular destination for pilgrims around Vietnam.

HCM City apologises to local residents for shortcomings at Thu Thiem project

 The municipal People’s Committee organised a press conference yesterday morning to take responsibility and apologise to local residents about the situation in the Thủ Thiêm New Urban Area.

25 European travel companies to survey Hanoi tourism

 A delegation of 25 travel businesses from 12 countries will carry out a fact-finding tour of Hanoi’s tourist attractions from October 4-14.