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Sunday,  01/19/2020
PM highlights aspiration for growth at Reform and Development Forum
PM highlights aspiration for growth at Reform and Development Forum
Hanoi (VNA) – Prime Minister Nguyen Xuan Phuc emphasised Vietnam’s aspiration to develop a strong economy in his speech at a plenary session of the Vietnam Reform and Development Forum (VRDF) 2019 in Hanoi on September 19. Prime Minister Nguyen Xuan Phuc speaks at the forum (Photo: VNA) Speaking to policy makers, development partners and domestic and foreign...
Conference spotlights green finance for renewable energy
Conference spotlights green finance for renewable energy
Hanoi (VNA) – A conference on green finance for renewable energy in Vietnam’s industrial sector took place in Hanoi on September 18, as part of the Vietnam Renewable Energy Week 2019. Illustrative photo (Source: VNA) The event aimed at updating the situation of renewable energy development, opportunities and difficulties when investing in renewable energy, and green financial initiatives, particularly...
Revenue from pepper exports to Germany soar despite falling prices
Revenue from pepper exports to Germany soar despite falling prices
Hanoi (VNA) – Though Vietnam’s revenue from pepper exports experienced drops in most foreign markets, those to Germany soared during the first seven months of 2019, according to the Agro Processing and Market Development Authority. A farmer harvests pepper in the Central Highlands province of Lam Dong. (Photo: VNA) Vietnam exported 220,000 tonnes of pepper for 561 million USD...
Lang Son leaders work with NA budget inspection team
Lang Son leaders work with NA budget inspection team
(LSO) - On September 18, an inspection team from the National Assembly (NA) Committee for Financial and Budgetary Affairs, led by its Deputy Head Dinh Van Nha, had a working session with the Lang Son People’s Committee to examine the local implementation of the national budget for 2019 and budget plan for 2020. The meeting saw the participation of...
MARD team inspects import-export activities in Lang Son
MARD team inspects import-export activities in Lang Son
(LSO) - A working team from the Ministry of Agriculture and Rural Development (MARD) led by Deputy Minister Le Quoc Doanh on September 17 visited Lang Son and had a working session with representatives of the provincial People’s Committee on the agro-forestry-fisheries import-export situation through border gates in the province. The working session was attended by Ho Tien Thieu,...
Resources firm buys tungsten facility from Germany-based business
Resources firm buys tungsten facility from Germany-based business
Hanoi (VNA) – Masan Resources Corporation (MRC) said its Masan Tungsten Limited Liability Company has recently signed a contract to acquire the tungsten business of Germany-based H.C. Starck Group GmbH. Masan Resources Corporation's modern production line (Photo: VNA) With almost 100 years of experience, H.C. Starck is a leading premium supplier of the technology metals tungsten, molybdenum, tantalum and...
Reference exchange rate up on September 18
Reference exchange rate up on September 18
Hanoi (VNA) – The State Bank of Vietnam (SBV) set the daily reference exchange rate at 23,143 VND per USD on September 18, up 8 VND from the previous day (September 17). The State Bank of Vietnam (SBV) sets the daily reference exchange rate at 23,143 VND per USD on September 18.(Photo: Vietcombank) With the current trading band of...
Workshop reviews Vietnam’s growth model reform
Workshop reviews Vietnam’s growth model reform
Hanoi (VNA) – Vietnam’s economic restructuring and growth model reform in 2016-2020 have been benefiting from positive changes in policies and achievements in the 2011-2015 period, according to economist Nguyen Dinh Cung. During 2011-2015, Vietnam began to adjust its policies in the direction of promoting economic restructuring and changing the growth model for rapid and sustainable growth. (Source: VNA)...
Fitch Ratings assigns PetroVietnam at ‘BB’ for first time
Fitch Ratings assigns PetroVietnam at ‘BB’ for first time
Hanoi (VNA) – Fitch Ratings has assigned the Vietnam Oil and Gas Group's (PetroVietnam) first-time long-term foreign-currency issuer default rating (IDR) at 'BB' with a positive outlook. A worker of PetroVietnam (Photo: VNA) The agency has also assigned PetroVietnam a senior unsecured rating of 'BB' and standalone credit profile (SCP) at 'bb ', reflecting the company's high degree...
Banks requested to control loans with savings books as collateral
Banks requested to control loans with savings books as collateral
Hanoi (VNA) - The State Bank of Vietnam (SBV) has asked local commercial banks to tighten control of loans that use savings books as collateral to ensure the safety of the banking system. Commercial banks are required to strictly oversee capital use purposes and the disbursement of loans related to savings books (Photo: cafef.vn) According to the SBV, commercial...
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