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East Sea

Banks allowed to extend debt repayment for Typhoon Yagi-affected customers to 2027

Banks allowed to extend debt repayment for Typhoon Yagi-affected customers to 2027

Commercial banks are allowed to extend debt repayment deadlines for Typhoon Yagi–affected borrowers until the end of 2027 at the latest, according to a circular recently issued by the State Bank of Việt Nam.
MoIT requires control on products with Chinas nine-dash line

MoIT requires control on products with China’s nine-dash line

The Ministry of Industry and Trade (MoIT) has instructed enterprises to review contracts and legal documents to ensure imported goods do not violate Viet Nam’s sovereignty and territory with false images.
Work begins on 8m Da Nang digital project

Work begins on $8m Da Nang digital project

The park has thus far attracted 10  projects with the total registered investment of over $249 million, covering a total area of nearly 35ha. Among these projects, three are 100-per cent financed from Japanese investors.
Dong Nai firms recovered quickly after riots

Dong Nai firms recovered quickly after riots

Most enterprises in southern Dong Nai Province affected by the May riots sparked by China''s placing its oil rig in the East Sea were able to resume business within a few weeks, and some expanded operations.
Rising rice prices thrill Mekong Delta farmers

Rising rice prices thrill Mekong Delta farmers

The recent rice export contracts won by some companies forced rice prices up in late July and made the market in the Cuu Long (Mekong) Delta very busy to farmers'' delight.
PetroVietnam achieves H1 goals

PetroVietnam achieves H1 goals

The Viet Nam Oil and Gas Group (PetroVietnam) reached all targets in production and business for the first half of this year, according to the group''s press release yesterday.
East Sea crisis calls for new economic route

East Sea crisis calls for new economic route

Present tensions in the East Sea had d opportunities for Viet Nam to adjust its economic policies with China to avoid becoming too dependent.
East Sea tensions hit hotel bookings

East Sea tensions hit hotel bookings

The tension in the East Sea between Viet Nam and China has led to more booking cancellations for hotels, according to a source.
Banks eye bonds to capitalise on low rates

Banks eye bonds to capitalise on low rates

After companies, it is now the turn of banks to issue bonds to take advantage of the low interest-rate regime to raise funds and also, in some cases, increase tier II capital to achieve capital adequacy.
Agriculture sector seeks new markets

Agriculture sector seeks new markets

The export market for agricultural products must be diversified to avoid the dependence on a single market, said ministers from two different ministries.
SBV requests foreign banks to ensure smooth operations

SBV requests foreign banks to ensure smooth operations

The State Bank of Vietnam (SBV) on May 22 sent a message to foreign banks in the context of the complex situation in the East Sea.
Foreign lenders give thumbs up to Govt

Foreign lenders give thumbs up to Gov't

Foreign banks in Viet Nam appreciated the government''s responses to the East Sea tensions, which helped them stay calm and confident, according to the State Bank of Viet Nam (SBV).
SBV vows vigilance as forex, gold prices tumble

SBV vows vigilance as forex, gold prices tumble

The price of gold at commercial banks declined sharply yesterday after the State Bank of Viet Nam announced a commitment to stabilising the gold and forex market.
East Sea tensions may impact civil aviation

East Sea tensions may impact civil aviation

China''s illegal placement of a drilling rig in Viet Nam''s exclusive economic zone in the East Sea is an "extremely serious action and will definitely impact the aviation market between Viet Nam and China," a senior airline official has warned.