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Funding capacity, asset quality of banks improves

The financial capacity of Viet Nam’s credit institutions has solidified in recent years, with their charter capital reaching VND578.9 trillion (US$24.85 billion) by the end of the first quarter 2019.

 

State-owned banks to retain dividends for capital hike

Authorities have basically agreed on a State Bank of Viet Nam (SBV) proposal to allow large State-owned commercial banks to retain their dividends or pay them in shares to increase capital.

 

Vietnam seafood exports to CPTPP member countries up 15 percent

Vietnam’s seafood exports to the other 10 members of the CPTPP have increased sharply since the agreement took effect earlier this year, according to the Ministry of Agriculture and Rural Development.

 

Ninh Thuan builds more solar, wind projects

The central province of Ninh Thuan aims to become the renewable-energy centre of the country, with assistance from the central government's preferential policies.

 

Vietnam's wood exports soar to nearly $3.12b

Export turnover of wood and wooden products reached nearly US$3.12 billion in the first four months of the year, a year-on-year increase of 18.3 per cent, according to the General Department of Customs.

 

Land management violations under investigation in Phan Thiet

More than 176,800sq.m of agricultural land in Phan Thiet City had its status changed to residential land from early 2016 until September 2018 in wrongful decisions by the city’s People’s Committee.

Bus routes to link with Hanoi's long-delayed urban railway

If the Cat Linh-Ha Dong urban railway ever begins operations, 15-20 per cent of drivers in Hanoi will switch to using the train, according to the municipal transport department.

Attempts to preserve keepsakes from resistance wars

Vietnam’s history of resistance wars against French colonialism and American imperialism has given it many heroes and magnanimous stories.

Public bicycles: good solution in Hoi An, but not in big cities like HCM City

Public bicycles are believed to be a good solution to the urban transport question as it is ‘green’ and suited to sustainable development.

Solar power plants exert pressure on power grid

An increasing number of solar power plants are placing mounting pressure on Vietnam Electricity Group (EVN) by developing power grids and connecting them with plants over a short period, officials said.

 

Phat Diem Cathedral

Built by Reverend Peter Tran Luc, Phat Diem Cathedral is on a vast swathe of land covering 22 hectares in Kim Son District, Ninh Binh Province.

Bamboo against plastic

The story of Bong, the bamboo fish built to protect Danang’s beach from plastic waste.

 

BUSINESS NEWS 27/5

Vietnam Wind Power Conference set for Hanoi

 

Is Electricity of Vietnam making a profit or taking a loss?

With increasingly high demand for electricity and the latest 8.36 percent electricity price spike, Electricity of Vietnam Group (EVN) and other power generation companies have seen profits soar. 

Children carried by mothers at Bac Ha Market

It is common to see little children carried on their mother backs at Bac Ha Market in the northern mountainous province of Lao Cai.

 

Cu Lao Cham – pioneer in environmental protection

While some other islands are only facing severe waste problems. However, Cu Lao Cham has come up with a solution in banning all non-biodegradable waste on the island for 10 years.

 

Dam Sen Park offers evening leisure activities

Dam Sen Cultural Park operated by Saigontourist Holding Company has organized the “Dam Sen By Night” program from 6 p.m. to 9 p.m. every evening since April 27.

 

Vietnam tightens control over Chinese goods bearing made-in-Vietnam labels

Management authorities are stepping up preventive measures to stop trade fraud and tax evasion related to Chinese commodities that illegally carry made-in-Vietnam labels due to escalating U.S.-China trade tensions.

 

Eximbank appoints new chairman

Vietnam Export Import Bank (Eximbank) on May 22 announced it had replaced Le Minh Quoc as chairman of the board with Cao Xuan Ninh for the 2015-2020 tenure.

 

Mobile Money to boost noncash payments in Vietnam: minister

Mobile Money, once being put into pilot service in Vietnam, will be an effective solution for promoting noncash payments, stated Minister of Information and Communications Nguyen Manh Hung.