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Several banks get extra room to lend

HCMC – The State Bank of Vietnam (SBV) on September 7 raised credit growth quotas for several banks, paving the way for these lenders...

Vietnam’s ratings rise one notch to Ba2

HCMC - Moody's Investors Service (Moody’s) yesterday upgraded Vietnam's long-term issuer and senior unsecured ratings to Ba2 from Ba3 and changed the outlook to...

Gov’t okays Dau Giay-Tan Phu expy project

HANOI – Deputy Prime Minister Le Van Thanh has signed a decision approving a project to develop the Dau Giay-Tan Phu expressway under the...

ETC-enabled vehicles in HCMC increase

HCMC – After a month of launching electronic toll collection (ETC) in the city, the number of vehicles using the service has risen, according...

Petrolimex worries about partial short supply, cost overruns

HCMC – The Vietnam National Petroleum Group (Petrolimex) has written to the Ministries of Industry-Trade and Finance over the risk of a partial petrol...

Just VND55.5 trillion disbursed for economic recovery, development

HCMC – As of September 2, the disbursement of the relief package for economic recovery and development had totaled a mere VND55.5 trillion (US$2.36...

Ministry proposes removing four toll stations

HCMC – The Ministry of Transport has proposed the Government spend over VND8 trillion buying four controversial toll stations and then removing them. These comprise...

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