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Vietnam requires US$135 billion for power sources by 2023

 The Ministry of Industry and Trade has proposed a plan to implement the National Power Development Plan VIII, which outlines the need of substantial...

Banks sit on mountains of cash: SBV official

 The banking sector in Vietnam is currently sitting on mountains of cash as the demand for loans in the economy remains woefully low, said...

Bank deposits hit record high despite interest rate cuts

Your browser does not support the video tag. Deposits at commercial banks in Vietnam had reached an all-time high of over VND12.3 quadrillion in the...

Vietnam, Australia strengthen trade, investment cooperation

 Officials from Vietnam and Australia have highlighted the significant potential for enhancing bilateral trade and investment, particularly through the free trade agreements (FTA) to...

President Biden set to pay State visit to Vietnam

 U.S. President Joe Biden is scheduled to pay a State visit to Vietnam from September 10 to 11 at the invitation of Vietnamese Party...

FDI sector takes lion’s share in mechanical engineering exports

 The foreign direct investment (FDI) sector holds the lion’s share in Vietnam’s mechanical engineering exports, leaving a meager portion for local enterprises.

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