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2016

Vietnamese banks prepare for international integration

Vietnamese banks prepare for international integration

In the trend of strong globalisation with the recently signed CPTPP and EVFTA, meeting international standards by enterprises, especially in the banking sector is essential. These international standards help to affirm banks'' position, development potential and brand reputation, therefore creating trust for customers.
Foreign investors allowed 34 per cent holding at Vietnamese airlines

Foreign investors allowed 34 per cent holding at Vietnamese airlines

The limit for foreign investors’ ownership in Vietnamese air transport businesses will be increased to 34 per cent from the current 30 per cent, according to a prime minister’s decree signed last week.
SBV tightens loans with savings books as collateral

SBV tightens loans with savings books as collateral

The State Bank of Viet Nam (SBV) has warned local commercial banks to improve control of loans that use savings books as collateral to ensure the safety of the banking system.
Central bank sets to tighten unsecured consumer finance

Central bank sets to tighten unsecured consumer finance

Regulations on personal unsecured lending by consumer finance companies will be tightened if a draft circular of the State Bank of Viet Nam (SBV) takes effect. 
Fisheries sector strives to meet ECs requirements

Fisheries sector strives to meet EC’s requirements

The Directorate of Fisheries (DoF) has proposed the government use the medium-term public investment budget for the 2016-20 period to upgrade fisheries ports to meet European Commision requirements.
Ministry yet to scrap decree on fortifying salt, wheat flour

Ministry yet to scrap decree on fortifying salt, wheat flour

The Ministry of Health has yet to implement a Government decision issued in May 2017 to scrap or amend regulations that require salt used in processed food to be fortified with iodine and wheat flour with iron and zinc, causing...
Switzerland imports over 50% shrimp from VN

Switzerland imports over 50% shrimp from VN

During the 10-year period (2007-2016), Viet Nam has consistently been the largest shrimp supplier for Switzerland, accounting for over 50 per cent of total Swiss shrimp imports.
VN businesses face risks from Hong Kong, China FTAs

VN businesses face risks from Hong Kong, China FTAs

Following the recently signed ASEAN-Hong Kong Free Trade Agreement (AHKFTA) and the 2016 revised ASEAN–China Free Trade Area (ACFTA), Vietnamese enterprises have another great opportunity to increase their profitability in the Chinese market, achieving this potential also poses a major challenge.
SSI only securities company among 2016s 100 largest taxpayers

SSI only securities company among 2016’s 100 largest taxpayers

Saigon Securities Inc (SSI) is the only securities company among the top 100 leading corporate taxpayers in 2016.
Exporters worry as end of foreign loans nears

Exporters worry as end of foreign loans nears

Exporters will no longer be allowed to borrow bank loans in foreign currencies beginning next year, if the State Bank of Viet Nam (SBV) does not extend a circular regulating the loans.
VN posts 11.5% IT revenue growth

VN posts 11.5% IT revenue growth

Viet Nam’s revenue from information and technology in 2016 reached nearly US$68 billion, posting an 11.49 per cent year-on-year increase.
Prudential Viet Nam Finance receives award for excellent performance

Prudential Viet Nam Finance receives award for excellent performance

Prudential Vietnam Finance Company Ltd has been awarded the “Excellent Performance” 2016 Award by the Governor of the State Bank of Vietnam (SBV).  
Vietjet honored as The IPO Deal of the Year 2017

Vietjet honored as “The IPO Deal of the Year 2017”

Vietjet was recently honoured as “The IPO Deal of the Year 2017” and “The Company with Best M&A Information Disclosure” at the M&A Awards 2016-17.
Heineken Vietnam backs sustainable growth

Heineken Vietnam backs sustainable growth

Heineken Vietnam has announced its achievements and future direction for sustainable development through the release of its 2016 Sustainable Development Report.  
Viet Nams 50 best-performing companies announced

Viet Nam’s 50 best-performing companies announced

 The list of ''Viet Nam’s 50 best-performing companies in 2016'' (Top 50) was revealed at a ceremony last week.