Business News

1. No home loans against legally incomplete projects: central bank
2. Many banks raise annual savings interest rates to over 7pct.
3. Circular economy is key to sustainable development, says minister.
4. Hai Phong attracts more foreign direct investment in H1
5. Ministry listens to firms' difficulties, pledges to raise support
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1. HCM City credit growth surges sharply in first half of 2022
2. Residential payment deposits exceed VND1,000 trillion
3. Vietnam needs to develop fintech services for SMEs
4. EU supporting comprehensive implementation of the EVFTA
5. Hanoi's farm economy yields high economic value
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1. VCCI comments on draft amending Circular 12
2. Government seeks to resolve businesses' capital shortage
3. Roadmap needed to remove credit room
4. Vietnamese buy Bitcoin in hope it has bottomed
5. Seafood export takes larger bite out of foreign markets
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1. Central bank sold roughly $7 billion to stabilise forex market
2. Vietnamese regain hope in 'next Bitcoin'
3. Seafood exports soar 44pct in Jan-May
4. Dong Nai enjoys trade surplus of nearly 3.5 billion USD in first six months
5. Danang becoming focal point in Central Vietnam investment
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1. Banks race to build a 'one-stop-shop' banking application
2. Keeping public debt below 60 per cent of GDP by 2030 targeted
3. Gasoline environment tax seen falling to VND1,000 per litre
4. Garment-textile exports forecast to face challenges in second half
5. MoIT develops scheme for agricultural produce exports
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1. Vietnam ranks second in green bond issuance in Asean
2. M&A of Vietnamese banks to be exciting
3. Inflation to be contained within target this year: central bank
4. Directorate for Roads of Vietnam to be split into two: minister
5. Wider development space in need for tech titans to grow
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1. The risk of surging deposit rates
2. NA approves extension of pilot bad debt settlement resolution
3. Lawmakers want bank credit growth quotas scrapped
4. Manulife celebrates 23 years operating in Vietnam
5. Fuel tax cuts as the best inflation countermeasure
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1. MoC proposes controlling bond issuance of property firms
2. Credit should be controlled by market mechanism
3. Urgent need to prevent illicit financial flow
4. Breakthrough in cross-border taxation policy
5. Power shortage concerns could be solved by renewables
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