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Banks forcing borrowers to buy insurance to face sanctions

Kim Ngan -
 The Ministry of Finance has joined hands with the State Bank of Vietnam to take swift action against violations by banks and insurance companies...
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Vietnam gains trade surplus of nearly US$10 billion in Jan-May

Kim Ngan -
 Vietnam’s export revenue in the first five months of this year inched down, but the country enjoyed a trade surplus of US$9.8 billion, according...
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ID app to be tested for boarding domestic flights in early June

Kim Ngan -
 The Civil Aviation Authority of Vietnam (CAAV) will allow passengers to use the mobile ID app VNeID to board domestic flights at all local...
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Over 20 banks lower deposit rates

Kim Ngan -
 Over 20 banks have cut deposit interest rates, with the highest rate now set at 8.5% per year.
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Three-month e-visa validity officially proposed

Kim Ngan -
 The Government has proposed that the National Assembly (NA) extend the e-visa validity to 90 days with single or multiple entries to attract more...
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PM orders urgent measures to secure power supply

Kim Ngan -
 Prime Minister Pham Minh Chinh has chaired an urgent meeting with ministries and departments to discuss measures to ensure electricity supply for businesses and...
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Typhoon Mawar: HCMC may see downpour at weekend

Kim Ngan -
 Typhoon Mawar has strengthened into a super typhoon after it approached the Philippines, which may lead to a downpour across Vietnam’s southern region this...
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VAT cut proposal goes before NA

Kim Ngan -
 The Government’s proposal for lowering the value added tax (VAT) from 10% to 8% has been placed before the National Assembly (NA).
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Floor domestic airfares likely to be abolished

Kim Ngan -
 A majority of National Assembly (NA) deputies have agreed to maintain the airfare cap but remove floor prices of domestic air tickets.
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Central bank cuts interest rates further in easing cycle

Kim Ngan -
 The State Bank of Vietnam (SBV) has announced two separate decisions further lowering key interest rates, with effect from Thursday, May 25. This is...
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Deputy Editor-in-Chief: Pham Huu Chuong

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Publication Permit No. 41/GP-CBC issued on June 2, 2021 by the Authority of Press. All rights reserved.

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