US$4,34 billion credit package to be spent on high-tech agriculture

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SaiGon GP English 16 hour(s) ago

Deputy Prime Minister Vuong Dinh Hue and related agencies yesterday discussed on the implementation of credit package of VND100 trillion (US$4.34 billion) from commercial banks’ called-up capital for high-tech agriculture development loan.

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Exchange rate under the control despite Fed rate hike

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Báo Đầu Tư English 2 day(s) ago

After the Federal Reserve (Fed)’s move of increasing the key USD interest rate by 0.25 per cent up to a range of 0.75-1 per cent, the exchange rate on the domestic market is under control. However, Huynh Trung Minh, a financial and banking expert, told VIR’s Van Linh that enterprises should be proactive in exchange rate risk hedging.

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Vietnam’s Mekong Delta is sinking: study

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Báo Tuổi Trẻ English 3 day(s) ago

Parts of the Mekong Delta region in southern Vietnam are suffering from land subsidence at the alarming rate of up to four centimeters per year, due largely to excessive groundwater extraction, experts have said.

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Mekong Delta rapidly sinks to the sea

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Báo Dân Trí English 3 day(s) ago

The Mekong Delta is sinking 2.5cm every year because of ground water extraction and unreasonable planning and constructions on the surface.

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Central bank injects more money into market

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Báo Đầu Tư English 3 day(s) ago

State Bank of Viet Nam made a net cash injection of VND16 trillion (US$704.8 million) via open market operations in the past week to support liquidity of the banking system, Bao Viet Securities Co (BVSC) reported.

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Public debt growth due to missed GDP target: minister

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Báo Dân Trí English 4 day(s) ago

The main reason for the rapid rise of Vietnam’s public debt is failure to achieve the targeted economic growth rate and the resulting tax collection shortfall, Finance Minister Đinh Tiến Dũng said.

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Vietnam Support Industry Association established

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SaiGon GP English 6 day(s) ago

Vietnam Association of Support Industry (VASI) was officially launched in Hanoi yesterday to connect businesses in the support industry together.

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Gold market defies common rule after Fed’s interest rate hike

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SaiGon GP English 7 day(s) ago

The gold market resumed stability shortly after a quick increase on March 16 after the US Federal Reserve (Fed) raised its interest rates, while the US dollar lost in value compared to other major currencies, which experts described as going against common rule.

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Government mulls safeguards to protect domestic carmakers

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Báo Đầu Tư English 7 day(s) ago

Deputy Prime Minister Trinh Dinh Dung has asked the Ministry of Industry and Trade (MoIT) and relevant agencies to study the possibility of applying safeguards to protect the domestic automobile manufacturing industry from looming zero-tariff car imports.

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Fed raises benchmark interest rate by a quarter point

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Báo Đầu Tư English 1 week(s) ago

WASHINGTON: The US Federal Reserve on Wednesday (Mar 15) raised the benchmark interest rate by a quarter point, amid rising inflation, the second increase since President Donald Trump's election and only the third in a decade.

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Stock markets confident Fed Reserve will seal deal

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Báo Đầu Tư English 1 week(s) ago

LONDON: World stock markets mostly rose on Monday (Mar 13) as investors priced in the near-certainty of a US rate rise this week following a forecast-busting US jobs report.

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Italy proposes €100,000 flat tax to draw foreigners

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Báo Đầu Tư English 2 week(s) ago

ROME: Italy on Wednesday (Mar 8) introduced a flat tax for wealthy foreigners in a bid to compete with similar incentives offered in Britain and Spain, which have successfully attracted a slew of rich footballers and entertainers.

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Reference exchange rate goes up VND12

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SaiGon GP English 2 week(s) ago

The daily reference exchange rate for VND/USD was set at VND 22,258 per USD on March 9, up VND 12 from the day before.

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Female workers have short career span at industrial zones

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Báo Dân Trí English 2 week(s) ago

80% of female workers aged over 35 are leaving employment because of stress, reported by the Institute for Workers and Trade Unions.

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HoREA: Nine ways to boost HCMC's property market

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Báo Dân Trí English 2 week(s) ago

The Ho Chi Minh City Real Estate Association (HoREA) has sent a proposal for the development of the city’s real estate market in the 2017-2020 period to the city’s People’s Committee.

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