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VN takes on inflation by expanding credit

HA NOI (VNS)— Viet Nam plans to cautiously expand credit growth to 12-14 per cent in a bid to facilitate companies, boost the national economic revival and tackle inflation. Continue reading

New law improves transparency in land management

The revised Land Law, which will come into force on July 1, 2014, will help improve transparency in land management and use, said National Assembly Vice Chairwoman Nguyen Thi Kim Ngan. Continue reading

Economic restructuring promoted

VGP – The Government has committed to undertaking economic restructuring in 2014, focusing on investment, credit organizations, the financial market, SOEs, agriculture and rural areas, industry and service. Continue reading

Measures issued to support SMEs development

VGP – The Government has tasked the Ministry of Planning and Investment to deploy the Plan for developing small and medium-sized enterprises (SMEs) in the 2011-2015 period. Continue reading

Foreign currency account opening regulated

VGP – The State Bank of Viet Nam (SBV) has recently issued a circular, which will be effective on February 14, 2014, to regulate the opening and usage of foreign currency accounts to serve direct investment activities in other countries. Continue reading

Property market warming up: Minister

The real estate sector’s inventory was 94.458 trillion VND (4.48 billion USD) by December 15, 2013, registering a decrease of 26.5 percent over the first quarter of last year, according to Minister of Construction Trinh Dinh Dung. Continue reading

Decree regulates non-cash transactions

VGP – The Government has recently issued a decree, which will be effective on March 1, 2014, on non-cash transactions, specifying cases which are not allowed to pay in cash. Continue reading

Happy birthday January Cotana Group members!

Happy New Year.

PM urges fiscal prudence in 2014

HA NOI (VNS) — Prime Minister Nguyen Tan Dung yesterday pressed for all possible measures to be adopted to ensure effective use of next year’s State budget. Continue reading

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