Southern traffic development faces capital shortage: deputy minister

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SaiGon GP English 4 hour(s) ago

The amount of capital allocated from the state budget to the Ministry of Transport for traffic development by 2020 meets only 31 percent of total demand, deputy Minister of Transport Nguyen Nhat told Sai Gon Giai Phong Newspaper.

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Public debt ceiling set at 65 percent of GDP for 2016-2018

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SaiGon GP English 1 day(s) ago

Vietnam is targeting keeping public debt, comprising central government debt, government-backed loans, and local government debt, below 65 percent of GDP between 2016 and 2018.

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Gov’t to tighten public debt management

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Báo điện tử CP English 3 day(s) ago

VGP – PM Nguyen Xuan Phuc has approved a debt management program for the 2016-2018 in a bid to keep public debt under 65% of the gross domestic product (GDP) to ensure the safety of the national financial system.

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Innocent man gets VND10bn compensation payout

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Báo Dân Trí English 2 day(s) ago

The Ministry of Finance has agreed to pay out VND10bn (USD440,000) from the state budget to the Binh Thuan Province People's Court to compensate Huynh Van Nen who was wrongly imprisoned for 17 years.

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WB recommends substantial SOEs restructuring

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Báo điện tử CP English 1 week(s) ago

VGP – The process of capital withdrawal and equitization in SOEs is a sound path but must be conducted in a more substantial manner, according to the World Bank.

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Đà Nẵng makes changes to long-term plans

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Báo Đầu Tư English 2 week(s) ago

The Đà Nẵng People’s Committee has submitted amendments to its 2030-2050 socio-economic master plan for the Prime Minister’s approval.

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Ho Chi Minh City metro projects short on capital

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Báo Đầu Tư English 2 week(s) ago

The two urban railway projects Ben Thanh-Suoi Tien and Ben Thanh-Tham Luong, which were in the portfolio of important projects receiving national budget funding of at least VND10 trillion ($438 million) each, are confronted with a shortage of capital.

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Fresh policies take effect in April,2017

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Báo Đầu Tư English 3 week(s) ago 1 related news

A string of new policies on trade reconciliation, energy labeling, cash collection and expenditure, financial management mechanism for Viet Nam Electricity Group (EVN) will come into effect in April.

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New policies take effect in April

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Báo Dân Trí English 3 week(s) ago 1 related news

A string of new policies on trade reconciliation, energy labeling, cash collection and expenditure, and financial management mechanisms for Electricity of Vietnam (EVN) will come into effect in April, according to the Government e-Portal.

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New Danang and South Korea flight

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Báo Dân Trí English 3 week(s) ago 1 related news

South Korea’s budget airlines T’way Air on April 2 officially opened one more direct route linking the central city of Danang and South Korea’s Daegu City.

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Fresh policies take effect in April

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Báo điện tử CP English 3 week(s) ago

VGP – A string of new policies on trade reconciliation, energy labeling, cash collection and expenditure, financial management mechanism for Viet Nam Electricity Group (EVN) will come into effect in April.

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Vietjet saw robust growth in 2016

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Báo Đầu Tư English 3 week(s) ago

Local budget carrier Vietjet has just released its 2016 audited consolidated financial statement, attesting to the company’s strongest growth both in revenue and profit targets since its official debut in 2011.

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Host of new regulations take effect this month

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Báo Đầu Tư English 3 week(s) ago

A range of fresh policies coming into effect this month will force major changes nationwide, including registration before drawing money from the State budget and energy labels on cars and motorbikes.

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Vietjet Air launches Hanoi- Siem Reap route

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Báo Dân Trí English 3 week(s) ago 1 related news

The budget carrier Vietjet Air launched a new route connecting Hanoi with Siem Reap in Cambodia on March 30.

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Prime Minister lauds Quang Nam’s growth record

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SaiGon GP English 1 month(s) ago 1 related news

Prime Minister Nguyen Xuan Phuc has praised the residents of Quang Nam for their efforts in making the central province one of 15 localities with the biggest contributions to the State Budget in 2016.

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