Economists have warned of forex risks as corporate borrowers have grown dependant on foreign-currency credits, resulting in a strong rise in foreign-currency outstanding loans since early this year, according to Lao Dong newspaper.

 Vietnamese athlete Huynh Thi My Tien qualified for the final of the women’s 100m hurdles at the Asian Junior Athletics Championship in Japan yesterday.

 Vietnam’s benchmark VN-Index on Ho Chi Minh Stock Exchange (HOSE) gained by 0.01 point to end at 1,039.02 points on June 11.

 The State Bank of Vietnam will continue managing monetary policy in an active, cautious and flexible manner and combine with other fiscal and macro-economic policies to control inflation.markets. 

Deputy PM Truong Hoa Binh highlighted the role of openness and cooperation spirit as crucial to help Asia overcome global financial crisis at the 24th International Conference on the Future of Asia. 

 As many as 1,200 people in the capital city of Hanoi will join a yoga protocol performance at the Indoor Athletics Palace in Nam Tu Liem district on July 16 in response to the International Day of Yoga, which falls on June 21.

PM Nguyen Xuan Phuc will lead a Vietnamese delegation to the 8th Ayeyawady-Chao Phraya-Mekong Economic Cooperation Strategy Summit and the 9th Cambodia-Laos-Myanmar-Vietnam Summit in Thailand from June 15-16.

 President of the Vietnam General Confederation of Labour Bui Van Cuong has called on all trade union members and workers to stay calm and vigilant over manipulation of extremists and not to let others take advantages of their patriotism.

 Eight central coastal provinces will continue enjoying assistance in constructing storm- and flood-resilient homes for poor households under Decision No. 48/2014/QD-TTg, the Ministry of Construction announced.

 Investigative police in Can Giuoc District in the Mekong Delta province of Long An on Sunday started legal proceedings against a man for alleged obscenity with his 10-year-old daughter.

 The Hanoi Transportation Corporation (Transerco) has recently submitted to the municipal Department of Transport a proposal to open 14 new bus routes, including the pilot of three minibus lines in the city.

To further encourage the development of fintechs and inventive financial solutions, it would take more than just support from the government, but also the accompanying mentorship from others.

 The import of vehicle surged in the first week of June and most of the imported cars were from Thailand, according to the General Department of Vietnam Customs.

 The Viet Nam Railway Corporation is considering a ban on the use of electronic devices, including smartphones, by its staff to ensure railway traffic safety and order.

 Tariff pressure on steel exports to the United States, a market comprising over 10% of Vietnam’s steel exports, has been less extreme as local steel firms have diversified their material supplies to avoid dependence on Chinese materials.

 The ongoing rise in traffic accidents in HCMC is attributable not only to drivers violating traffic rules but also to inadequate infrastructure that has failed to accommodate the growth in traffic, authorities have said. 

 The Quang Nam People’s Committee will not allow another Chinese investor to take over the notorious soda manufacturing factory invested by Chu Lai Soda Processing JSC (Chu Lai Soda).   

A new governmental decree increasing the discount cap for sales promotions in certain situations has received favourable feedback from the business community, despite the remaining restrictions on promotions. 

Even though the government has been trying its best to boost the equitisation of SOEs, the poor performance and small sales percentage of many such enterprises have disheartened many interested parties.  

 The Danang Department of Taxation has just decided to penalise the administrative violations of Danang Rubber JSC (code: DRC) due to the change of company’s profit after auditing.