Foreign currency lending abolished – impact on enterprises Foreign currency lending abolished – impact on enterprises

Enterprises can borrow money in Vietnamese dong (VND) and then purchase foreign currency for payment when they need the capital to import input materials, say commercial banks.

FLC announces new real estate brand FLC announces new real estate brand

FLC Group on Wednesday announced the establishment of its real estate brand FLCHomes with four main products including Beach & Golf Resort, Residences, Retail & Office and Green Eco.

PAN Group offers to buy over 7.7 million Bibica shares PAN Group offers to buy over 7.7 million Bibica shares

Vietnamese agriculture and food company PAN Group Joint Stock Company (PAN) has just offered to buy more than 7.7 million shares of Bibica Corporation, one of the leading confectionery businesses in Viet Nam.

Taxes on imported cars from EU to fall to 0% Taxes on imported cars from EU to fall to 0%

The taxes on imported cars from Europe to Viet Nam will drop to zero per cent in the next 9 to 10 years, creating new competitiveness in the automobile market.

Developing bond market can help satisfy demand for capital Developing bond market can help satisfy demand for capital

Do Ngoc Quynh, general secretary of the Viet Nam Bond Market Association, spoke with the Vietnam News Agency about the mechanism's inadequacies, credit ratings and information disclosure on the capital market.