The move is part of the government’s effort to accelerate economic restructuring and build resilience to climate change while protecting the environment.

The 2024 growth rate is considered positive amidst global uncertainties and domestic challenges such as natural disasters.

Stable macroeconomic fundamentals, ongoing institutional reforms, and favorable monetary policies will be positive for corporate earnings.

The proposal of voters in the southern province of Long An to print images of other national leaders, who made contributions to the country’s independence, on Vietnamese currency, faces controversy.

South Korean company has refused to pay debts totalling VND44 billion to 39 Vietnamese sub-contractors of the five-star Mariott Hotel project, instead shifting responsibility to the project’s main contractor.

South Korean company, Hyupjin Vina, has refused to pay debts totalling VND44 billion (USD2.09 million) to 39 Vietnamese sub-contractors of the five-star Mariott Hotel project, instead shifting responsibility to the project’s main contractor, Hyundai Engineering & Construction Company

Vietnam will start listing Government-guaranteed bonds at the Singapore Stock Exchange from October 11 to help the troubled Vietnam Shipbuilding Industry Group (Vinashin) repay its creditors.

The An Binh Commercial Joint Stock Bank (ABBANK) has been awarded the “Bank with straight-through-processing – STP” prize for the first six months of 2013 by Wells Fargo, which is its fifth time to receive such prestigious award.

Governor of the State Bank of Vietnam Nguyen Van Binh has signed a decision to set up the Vietnam Asset Management Company (VAMC), effective from July 9 this year, in a move to resolve bad debts and boost credit growth.

On April 18, the Prime Minister issued Decision 20/2013/QD-TTg o­n high value transactions subject to report ("Decision 20").

The Ministry of Finance issued Circular No. 13/2013/TT-BTC o­n January 25, containing regulations o­n the supervision of securities transactions.

On September 28 the State Bank of Vietnam announced that they would start collecting the older cotton 10,000 VND and 20,000 VND notes beginning January 1, 2013, as those two notes will be taken out of circulation.

Commercial banks are admitting that progress has been slow in complying with a recent Government order to refinance outstanding loans to enterprises at lower interest rates, a measure designed to help struggling businesses.

Commercial banks are admitting that progress has been slow in complying with a recent Government order to refinance outstanding loans to enterprises at lower interest rates, a measure designed to help struggling businesses.

The State Bank of Vietnam will check o­n ATM fees across Vietnam after many commercial banks recently not o­nly increased fees for cross-bank (extranet) services, but also started charging for the usually free intranet transactions.

The Hanoitimes -  After taking part in a race to offer exorbitant deposit rates a fortnight ago, many banks are now lowering their deposit rates for savings of above 12 months to below 12 percent a year.

Small banks have raised interest rates o­n medium- and long-term deposits following a State Bank of Vietnam decision to float these rates beginning June 11 to lure more long-term capital. However, new savings inflows remain limited at these banks.

The State Bank of Vietnam o­n Monday issued a directive requiring credit institutions to comply with a deadline to halt mobilisation and lending in gold from November.

State Bank Directive No 01, under which the State Bank regulates commercial lending and allocates credit growth quotas to different financial institutions, has stirred debate, including about how likely it is to affect the nation's stock market. Securities investment remains categorised in the regulation as an "unencouraged sector" for loans.

BIDV, Vietnam's third-largest lender by assets, will make its share debut in late June o­n the Ho Chi Minh Stock Exchange, a state-run newspaper said o­n Wednesday, which will help expand investors' portfolio of bank stocks.

Vietnam Joint Stock Commercial Bank for Industry and Trade (Vietinbank) o­n January 19 signed an agreement to provide a VND2.1 trillion ($100 million) loan for the Nhan Co Alumina mining project in the central highland province of Dak Nong.

The Hanoitimes -- The financial sector will give priority to curbing inflation, stabilizing the macroeconomy and maintaining a reasonable growth rate to ensure national financial security in 2012.

The final round of competition of Vietnam Anti-Corruption Initiative, VACI 2011 was launched o­n August 16 by the Government Inspectorate and the World Bank (WB) in Hanoi.