Several banks approved their 2019 business targets and plans for raising capital in annual shareholders’ meetings on Tuesday.

The VN Chamber of Commerce and Industry (VCCI) this week suggested the State Bank of VN (SBV) reconsider a proposal on limiting unsecured personal loans in cash by consumer finance companies.

HCM City’s Tax Department has announced a list of nearly 1,700 companies with total unpaid tax debt of almost VND4.5 trillion (US$193.5 million).

The poor logistics services in the Mekong Delta have pushed up the costs of export goods, especially farm produce, and caused great losses to export firms, it was reported at a workshop held in Can Tho city on April 23.

Only 50 percent of Vietnam’s inland waterway network, measured in kilometers (19,000), is easily navigable, according to the Department of Inland Waterway.

Instead of carrying out projects themselves, several foreign investors tend to increase investments into Vietnam via capital contribution, share purchase or acquisition.

PV Gas reports 16% increase in Q1 profit

Like elsewhere in the world, digitalization or digital transformation is emerging in all fields in Vietnam, from trade and banking and finance to health, education, tourism, and transportation.

Vietnam is well-positioned to develop industrial property, experts said at the Vietnam Industrial Real Estate Forum 2019 in Hanoi on April 23.

Platinum Victory - a subsidiary of Hong Kong-based conglomerate Jardine Matheson - has registered to purchase an additional 17.41 million shares or 1% stake in Vietnam's largest dairy producer Vinamilk.

Investors in many solar-powered projects in the country are rushing to complete their projects so that they can be put into commercial service prior to June 30 to benefit from the Government’s attractive solar power prices.

A number of popular Vietnamese products have made their way onto Amazon, the largest e-commerce website in the United States. 

More and more banks have started offering free services to attract customers in a very competitive market.

A daily trading limits for individual e-wallets would be set at VND20 million (US$850) and VND100 million per month, according to a draft circular from the State Bank of Viet Nam recently made public for comment.

Dang Hoang Giang, vice president and general secretary of the Viet Nam Cashew Association (Vinacas), said: "The domestic industry is facing difficulties this year, and new regulations has pushed up production costs."

Both domestic and foreign investors putting money in Vietnam’s priority fields or projects using cutting-edge and environmentally-friendly technologies should receive the same preferential treatments.

The European Commission has yet to finalize a specific date for reconsidering the lifting of a yellow card it had previously imposed on Vietnam's seafood products, said a representative of the Vietnam Association of Seafood Exporters and Producers.

Growth of Vietnam’s export revenue through formal channels to China was higher than its import revenue growth from the northern neighbor last year, at 16.6% versus 11.7%. 

The State Bank of Vietnam (SBV) has proposed more regulations to tighten control over the opening and use of e-wallets, the local media reported.

Le Diep Kieu Trang, former country director at Facebook Vietnam, has been picked as general director of the ride-hailing brand Go-Viet, a unit of Indonesian firm Go-Jek.