Dong interest rates face mounting pressures amid consumer price index surges. The average lending rate in the interbank market rose remarkably to 16 per cent, per year for six-month loans against the previous level of 14 per cent, per month over the week. The rates for three to six-month loans ranged from 13.72 to around [...]
A stake purchase deal between telecom giant FPT and state-owned EVNTelecom is labouring on. The stock deal with EVNTelecom caused FPT serious headaches, said FPT’s chief executive officer (CEO) Truong Dinh Anh. Anh said the group was under negotiations with EVNTelecom’s parent company- Electricity of Vietnam (EVN)- to take back the VND708 billion ($34.2 million) [...]
The bauxite saga seemed to come to an end when all concerns about the environmental impacts of bauxite mining in the ecologically sensitive Central Highlands cooled down last year. The issue, however, has recently stolen the limelight again. This time, it is not about the environment, but how the roads used to transport alumina from [...]
Under the current regulations, expanded investment projects are not subject to corporate income tax incentives. However, the regulations may be adjusted since ministries and experts have pointed out that this is an unreasonable policy. After achieving certain successes with the mobile phone manufacturing factory with the investment capital of 670 million dollars in Bac Ninh [...]
LienViet Post Joint Stock Commercial Bank (LienVietPostBank) made its debut in Hanoi on July 29, in the presence of Deputy Prime Minister Nguyen Thien Nhan. The bank is a joint venture between the Vietnam Post Corporation (VNPost) and Lien Viet Commercial Bank (LienVietBank). Together with Vietnam Bank for Agriculture and Rural Development (Agribank), LienVietPostBank has [...]
The application of best available techniques (BAT) and the best environmental practices (BEP) to reduce the unintentional production of the persistent organic pollutants (POP) in Vietnam’s industrial sector was discussed at a seminar in the central coastal city of Da Nang, on July 29. A two-year project on the theme was carried out with technical [...]
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