VIETNAM'S RETAIL SECTOR FACES MOUNTING CHALLENGES
On September 22, Vietnam Report unveiled its annual list of the Top 10 Credible Retail Companies for 2023. The rankings, reflected an industry grappling with significant challenges of considerable interest to investors and stakeholders.
VN NEEDS TO IMPROVE REGULATORY FRAMEWORK TO INCREASE GREEN FINANCING
Việt Nam needs to develop a proper regulatory framework to pave the way for credit institutions to increase green financing and contribute to accelerating the transition to a low-carbon economy, attendees heard at the Việt Nam Climate Forum organised by the International Finance Corporation (IFC) in collaboration with the State Bank of Việt Nam (SBV) yesterday in Hà Nội.
VIETNAM - US TRADE RELATIONS
Along with sound political relations, economic-trade ties have been one of the most successful endeavours within Vietnam-US relations. The US is currently one of Vietnam’s largest trading partners.
DEVELOPMENT BANKS EXTEND ROLE IN GREEN-RELATED LOANS
European Investment Bank (EIB) vice president Kris Peeters told VIR when he visited Vietnam last week that the non-profit credit institution and lending arm of the EU is eager to meet with partners in Vietnam to provide more green loans for environmentally friendly projects in various sectors from transport, water treatment, and smart urban development to renewable energy and infrastructure.
VIET NAM CLIMBS FOUR PLACES IN ECONOMIC FREEDOM OF WORLD INDEX
Viet Nam has moved up four places to secure the 106th position out of 165 countries and territories in the Economic Freedom of the World index, according to the Canada-based Fraser Institute. The Fraser Institute noted that Viet Nam's improvement in the index this year is a relatively substantial increase compared to other Southeast Asian peers.
HCMC APPROVES 87 PROJECTS WORTH VND39 TRILLION
The HCMC People’s Council approved in principle 87 state-funded projects worth a combined VND39 trillion at yesterday’s session on the implementation of the National Assembly’s Resolution 98 on special mechanisms and policies for the city.
MINISTRY PROJECTS THREE ECONOMIC GROWTH SCENARIOS FOR 2024, HIGHEST AT 6.5 PER CENT
These projections stem from the Government's socio-economic development strategy for the 2021-25 period, combined with endeavours to meet the 2023 growth goal of 6.5 per cent.
ENERGY CHINA EYES EXPANSION IN VIETNAM WITH INCREASED INVESTMENT IN RENEWABLE PROJECTS
According to local newspaper Nhandan, the announcement came during Vietnamese Prime Minister Pham Minh Chinh's recent visit to Guangxi, China, where he met with vice president of Energy China Zhang Manping on September 16.
