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Significant progress made in sustainable lending reforms

 Vietnam sees improvements in banking sector reforms on sustainable lending, Sustainable Banking Network report finds.

Industrial zone developers: High time for action

 As the flow of foreign capital is growing rapidly while domestic enterprises are continuously expanding their production scales, the potential of industrial real estate in Vietnam is becoming tremendous. 

To the next step

The story of FDI in Vietnam is largely one of peaks and troughs and now that foreign investment is generally stable there are certain changes required.

More Vietnamese businesspeople seek second citizenship

Experts are concerned about the trend of Vietnamese businesspeople seeking second citizenship in other countries.

Flexible response needed to proposed US aluminum and steel tariffs

 Albeit not being listed among the top 10 largest exporters to the US, the Vietnamese steel industry may still suffer once the US applies new safeguard tariffs.

Fines of $22,400 for illegal mining

 Authorities in the central highlands province of Kon Tum has issued fines of VND500m (USD22,400) to a group of eight illegal gold miners.

Four Vietnamese named in Forbes world richest list

 Two more Vietnamese billionaires have been named in Forbes magazine's recently released 2018 list of world's richest people, raising the country’s total number of billionaires to four on the list.

VN second-largest partner of Japan in software outsourcing

 Viet Nam has been the second-largest partner of Japan in software and service outsourcing since 2014, FPT Software CEO Hoang Nam Tien spoke at the recent Viet Nam IT Day 2018 in Japan.

Asset quality, profitability of Vietnam banks improved: Moody’s

 The asset quality and profitability of 14 Vietnamese banks rated by Moody’s improved moderately year-over-year, driven by robust macroeconomic conditions and growth in core income, Moody’s Investors Service said on Tuesday.

Tax authorities fight bad debts

Facing a large amount of outstanding late payments in the taxation and customs branches, the Ministry of Finance is working on a draft resolution on handling tax arrears and irrecoverable fines to submit to the National Assembly.

Association to protect steel firms from import restrictions

 Vietnam Steel Association (VSA) is co-ordinating with relevant agencies to take timely measures and minimise the risks of a new proposal of the United States on import duties for steel.

Bac Lieu says no to thermal plant

The Mekong Delta province of Bac Lieu has rejected the proposed Cai Cung thermal power plant project, saying that it wants to become a national centre of renewable energy and a large producer of shrimp farming.

Ly Hoang Nam wins singles match at India F2 event

 Ly Hoang Nam met no difficulties in entering the second round of the India F2 Futures tennis tournament after beating Mohit Mayur Jayaprakash of the hosts 6-4, 6-3 yesterday in Kolkata.

Two South Korean retailers to partner with VN

 Two retail and distribution groups from South Korea - K-holdings and Coupang - will co-operate with Vietnamese partners during their trip to Ha Noi on March 22.

US Navy officers visit Da Nang’s centre for mentally ill patients

Members of US Navy ships and aircraft carrier USS Carl Vinson visited the Da Nang Nursing Centre for the Mentally Ill on March 6, as part of their first-ever trip to the central city.

Deposit security to seize top spot on upcoming bank AGM agendas

Following the incident of “vanished” savings at Eximbank, deposit security will likely be in the limelight at Vietnam-based banks’ upcoming annual general shareholders’ meetings (AGM).

Candied coconut - traditional Tet flavor in a bite

 For people in southern provinces, mứt dừa (candied coconut) is an indispensable dish during Lunar New Year (Tet) festival.

A shake-up in key bank personnel

 With the 2018 annual general meeting season underway, several changes in key personnel at banks have become a hot topic, especially with the amended Law on Credit Institutions already coming into force.

Is the home appliance market becoming saturated?

The decisions by Tran Anh Digital World JSC to sell its distribution chain and the moves by giant home appliance chains to open drugstores indicates the home appliance market is becoming saturated.

Shares rebound as blue chips perform well

 Vietnamese shares recovered on March 6 as blue chips performed well on bottom-fishing following the previous sharp falls.