Business News

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The monthly statistical data presents current economic and social statistics on a variety of subjects illustrating crucial economic trends and developments, including production of agriculture, forestry and fishery, business registration situation, investment, government revenues and expenditures, trade, prices, transport and tourism and so on.

Through a series of newly-issued regulations and access to the national population database, banks are planning to expand their online money-lending services. Deputy Governor of the State Bank of Việt Nam (SBV) Phạm Tiến Dũng said accessing the national population database will help banks to check and authenticate new customer information more easily.

Vietnam's renewable energy sector is facing significant challenges, leading to concerns among investors and potential risks of bankruptcy. The director of the Legislative Institute, Nguyen Van Hien, highlights the abrupt shifts in renewable energy investment policies as a major contributing factor to these issues.

Minister of Planning and Investment Nguyen Chi Dung, speaking at a meeting of the National Assembly on June 1 to discuss the current socioeconomic situation, said a recent report from the ministry (MPI) on business registration suggested that the real estate business continues to be the most adversely affected sector.

Due to a decline in orders, PouYuen Vietnam, a shoe manufacturer whose clients include Nike and Adidas, has announced it will eliminate nearly 6,000 permanent positions between late May and early June. This will be the largest series of terminations since the corporation began operations in Ho Chi Minh City in 1996.

1. Lawmakers push government to utilise $42B in coffers
2. Cash flow poured heavily into banking stocks
3. Good risk management contributes to strong performance at Home Credit
4. FinanceAsia names Citi Best Sustainable Bank in Vietnam
5. Hanoi's economy on path to recovery
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1. Materials and equipment supply
2. NOx decontaminating system supply
3. DMZ region infrastructure supply
4. Air conditioner components supply
5. Medical materials chemicals supply
----and more news