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VN Central Bank works to maintain stable interest rates

 The State Bank of Vietnam (SBV) will work to maintain interest rate stability, enabling firms to access credit for their production and business, SBV Governor Le Minh Hung has said.

Vietnam–Sri Lanka traditional relations

 Vietnam–Sri Lanka traditional relations

First finance leasing joint venture licensed

 The State Bank of Viet Nam has licensed for BIDV-SuMi TRUST Leasing Company, the first finance leasing joint venture between a local bank and a foreign financial institution in the country.

Vietnamese, Chinese foreign ministries boost cooperation

Deputy Prime Minister and Foreign Minister Pham Binh Minh held talks with Chinese Foreign Minister Wang Yi in Beijing on April 18.

Vietnam's export value of coffee remains low

VietNamNet Bridge - Vietnam is the second largest coffee bean exporter in the world with 1.78 million tons exported in 2016, worth $3.34 billion. However, Vietnam's earnings from coffee exports  are not high because mostly raw materials are exported.

Large life insurers led profit race in 2016

 The picture of Vietnam’s life insurance industry is quite bright but each enterprise has its dark patches, according to the Vietnam Insurance Association (IAV)’s report on the industry’s business results for 2016.

Tourism growth presents opportunities for hospitality market

 The growth of tourism is creating opportunities for the hospitality market, especially the mid-end and high-end segments, according to Savills’ latest review.

Gov’t determine to curb inflation below 4 percent this year

 Deputy Prime Minister Vuong Dinh Hue yesterday stressed the determination of curbing inflation rate below 4 percent as per the target set by the National Assembly and fully exploiting factors to lower service and goods prices.

Binh Dinh investigates fishing subsidy scam

 The southern central province of Binh Dinh is investigating a scam in which many local fishermen are accused of taking advantages of the government’s financial support for fishing activities to earn money.

UN pledges long-term cooperation with Vietnam to tackle climate change

 The United Nations (UN) vows to make long-term cooperation with the Vietnamese Government to cope with climate change, UN Resident Coordinator to Vietnam Kamal Malhotra has said.

Top Vietnam players fall in badminton rankings

 Many top Vietnamese badminton players have dropped in the latest rankings of the Badminton World Federation (BWF).

Many senior officials disciplined over Formosa’s pollution case

 The Central Inspection Commission of the Communist Party of Vietnam has disciplined many officials found to be responsible for a severe marine pollution incident caused in April 2016 by Formosa on the central coast.

Proposal to curb passengers vehicles to inner Hanoi

In response to an increasing number of tourist carriers operating in Hanoi, the Head of the Hanoi Municipal Traffic Police proposed to tighten the operation of this type of transport business.

WB approves $102 million to help VN improve energy efficiency in industry

The World Bank has approved a US$102 million loan to Vietnam to support the effort of industrial enterprises to adopt energy-efficiency technologies and practices. 

Student awarded for winning full scholarship from Stanford

Nguyen Le Hoai Anh, a 12th grader from Lao Cai, was awarded by the provincial People’s Committee, on April 17, for winning a full scholarship from Stanford University (US) worth VND 6.5 billion (US$ 286,000). 

Uber, Grab operations in Vietnam to be evaluated

 Deputy Minister of Transport Nguyen Hong Truong asked authorities of provinces where Uber and Grab were providing services to develop a comprehensive evaluation of the operation of the car-hailing services firms.

PV Gas lowers 2017 business targets by 15-27%

 Shareholders of PV Gas (GAS) has approved the company’s plans to lower its business targets in 2017 by 15-27 per cent year-on-year, given the global instability and volatile oil market.

Vietinbank delays its MA with PGBank

 Vietinbank has not completed acquiring PGBank as the two sides have not finished all required procedures and got approval from the authorities.

Vietnam U20 arrives in Germany for training camp

 The U20 squad arrived in Dusseldorf, Germany today (Apr. 17) for a training camp to prepare for the FIFA U20 World Cup 2017 set to transpire in the Republic of Korea between May and June 2017.

Seedorf lifts Champions League trophy in Hanoi stadium

 Thousands of football fans flocked to the Hang Day Stadium in Hanoi on April 17 to see with their own eyes the UEFA Champions League trophy and their Dutch idol Clarence Seedorf.