Lawmakers back special mechanism for HCMC
Tuesday,  Nov 21,2017,18:35 (GMT+7)
HCMC - National Assembly (NA) deputies have thrown their weight behind a special mechanism of delegating more decision-making power to HCMC to allow it to remove legal bottlenecks and thus fuel growth.
Minister says public debt control more effective
Monday,  Nov 20,2017,23:18 (GMT+7)
HANOI – Public debts are being managed more effectively in terms of growth of outstanding loans, loan terms, borrowers and efficiency in the use of loans, Minister of Finance Dinh Tien Dung said before the National Assembly (NA) last week.
PM: Vietnam to benefit less from new TPP
Monday,  Nov 20,2017,18:04 (GMT+7)
HANOI – The absence of the U.S. in the Trans-Pacific Partnership (TPP) will make the trade pact less beneficial for Vietnam but with the TPP-11 deal, Australia, Japan and New Zealand will still be major markets for Vietnamese firms to tap into, said Prime Minister Nguyen Xuan Phuc.
SBV puts foreign reserves at US$46 billion
Monday,  Nov 20,2017,18:03 (GMT+7)
HANOI – The State Bank of Vietnam (SBV) has bought over US$7 billion in the year to date, taking total foreign reserves to US$46 billion, SBV governor Le Minh Hung told the National Assembly (NA) last Friday.
Governor: No banks forced to boost credit growth
Monday,  Nov 20,2017,18:02 (GMT+7)
HANOI – State Bank of Vietnam governor Le Minh Hung, trying to allay worries over the ambitious credit growth goal, told the National Assembly last week that the Government has not set a credit growth target of 21% for this year.
NA deputies ask finance ministry to fight tax evasion
Friday,  Nov 17,2017,00:24 (GMT+7)
HANOI – Many National Assembly (NA) deputies asked Finance Minister Dinh Tien Dung to come up with viable management measures against tax evasion during a NA meeting in Hanoi City yesterday.
Vietnam needs institutional reform to achieve stronger growth
Thursday,  Nov 16,2017,21:17 (GMT+7)
HANOI – Vietnam needs to step up its institutional reform in order to achieve stronger economic growth and ensure the quality of growth as well, heard a seminar in Hanoi City on November 15, Tien Phong newspaper reports.
EVFTA expected to boost Vietnam footwear exports to EU
Thursday,  Nov 16,2017,21:17 (GMT+7)
HCMC - The EU-Vietnam Free Trade Agreement (EVFTA) is expected to boost Vietnamese leather and footwear exports to the European Union market, heard a conference organized by the European Trade Policy and Investment Support Project (EU-Mutrap) in Hanoi on November 15.
Deputy PM chairs seminar on growth momentum
Wednesday,  Nov 15,2017,21:26 (GMT+7)
HCMC – Deputy Prime Minister Vuong Dinh Hue chairs a seminar on November 15 with local and international experts to identify driving forces behind the nation’s future economic growth, the Government news website reports.
Deputy PM stresses innovation of local startups
Wednesday,  Nov 15,2017,21:23 (GMT+7)
HCMC – Young entrepreneurs should be courageous, innovative and should not fear failure, Deputy Prime Minister Vu Duc Dam told the startup community at the annual festival for the startup ecosystem Techfest Vietnam 2017 on November 14.
Special mechanism for HCMC meant to create breakthroughs
Wednesday,  Nov 15,2017,21:21 (GMT+7)
HANOI – The National Assembly (NA) is discussing giving HCMC a special mechanism designed to build a more liberal institutional environment to create new breakthroughs for the city’s development and in turn help rev up the national economy, said an NA deputy.
Vietnam aims for 2018 economic growth rate of 6.5-6.7%
Tuesday,  Nov 14,2017,20:46 (GMT+7)
HANOI – Vietnam aims for a gross domestic product (GDP) growth rate of 6.5-6.7% next year, according a resolution on the socio-economic development plan for 2018 passed by the National Assembly (NA) last Friday.
NA sets 2018 budget deficit at VND204 trillion
Tuesday,  Nov 14,2017,20:45 (GMT+7)
HCMC – The National Assembly (NA) has approved next year’s budget deficit of VND204 trillion, equivalent to 3.7% of gross domestic product (GDP), Dan Tri reports.
Vietnam and China look to US$100 billion trade
Monday,  Nov 13,2017,22:33 (GMT+7)
HANOI – Vietnam and China agreed to develop cooperative mechanisms in the fields of trade, infrastructure and finance to bring bilateral trade to US$100 billion this year.
Vietnam, U.S. pledge to deepen comprehensive partnership
Monday,  Nov 13,2017,22:32 (GMT+7)
HCMC – Vietnamese State President Tran Dai Quang and U.S. President Donald Trump during their talks in Hanoi on November 12 discussed measures to strengthen the comprehensive partnership between the two countries, according to the Government news website reports.
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