Business news

Business news

  • Good news or bad?
    Good news or bad?

    10/8/2015 2:27:00 PM

    The decision of the State Bank of Vietnam to increase the exchange rate band from +/-2 per cent to +/- 3 per cent to deal with the devaluation of the Chinese Yuan at the end of August is viewed by experts as the right step to take.It will, however, have an impact on the country’s real estate...
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  • Central bank lends finance ministry $1.33 billion
    Central bank lends finance ministry $1.33 billion

    10/8/2015 2:27:00 PM

    The central bank has lent the Ministry of Finance VND30 trillion (US$1.33 billion) to help ease tension related to State budget overspending.
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  • UK groups build tallest building in Vietnam
    UK groups build tallest building in Vietnam

    8/7/2015 10:05:00 AM

    Two famous architectural design corporations of the UK - Atkins and Arup - have begun participating in the construction of the tallest building in Vietnam, located in HCM City.
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  • Finance ministry’s proposal to borrow VND30 trillion raises worries
    Finance ministry’s proposal to borrow VND30 trillion raises worries

    8/7/2015 10:05:00 AM

    The Ministry of Finance (MOF) has asked the State Bank of Vietnam (SBV) to lend VND30 trillion to the state budget. Both MOF and SBV said the borrowing was not prohibited by current laws.
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  • Thai cement giant acquires many Vietnamese firms
    Thai cement giant acquires many Vietnamese firms

    8/7/2015 10:05:00 AM

    Siam Cement Public Company Limited (SCG) has acquired Batico, a large packaging company in Vietnam. Many people are not aware that SCG is the name behind a number of large acquisitions in Vietnam.  
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  • VN economy continues to recover
    VN economy continues to recover

    8/7/2015 9:36:00 AM

    The National Financial Supervisory Commission (NFSC) has released a report on Vietnam’s economic situation in the first seven months of 2015, which also includes information on first-half results.
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