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Multiple banks receive approval to raise charter capital

HCMC - The State Bank of Vietnam has recently approved charter capital increase plans of several joint-stock commercial banks. Asia Commercial Bank (ACB) has been...

VND120-trillion housing credit package sees few takers

HCMC - The VND120-trillion credit package for social housing has seen interest rates fall by over 2% after two years, but disbursement remains sluggish,...

Vietnam seeks WB support for large-scale infrastructure, green growth

HCMC – Prime Minister Pham Minh Chinh has called on the World Bank (WB) to assist Vietnam in implementing major infrastructure projects and strategic...

Private sector to play greater role in national projects

HCMC – The Government has proposed allowing private businesses to get involved in projects of national importance through direct investment, public-private partnerships (PPP), or...

Vingroup affiliate wants to develop Vietnam’s North-South high-speed railway

HCMC – VinSpeed, an affiliate of Vietnamese diversified business conglomerate Vingroup, has expressed interest in a big-ticket high-speed railway that connects the north and...

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