Business News

1. Policy credit efficient to ensure social well-being
2. Digitalisation important for banks' growth
3. FTAs momentum for Vietnam's exports
4. Japan's investment in Vietnam soars 90pct
5. Surge in supply of Vietnam's green buildings
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1. Equipment and materials supply
2. Disease prevention equipment supply
3. High Performance Computing system supply
4. Oxygen system supply and installation
5. Total activity measuring device supply-bid extend
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1. Personal deposits down across banking sector
2. Banks rush to increase capital at the end of the year
3. Nurturing sound finance at Home Credit
4. Garment and textile exports likely to reach $38 billion this year
5. Rubber latex rises in price, businesses benefit
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1. Transporting equipment supply-bid cancel
2. Electronic materials and components supply
3. Tensionless dryer machine supply and installation
4. Slitting machine supply and installation
5. Medical equipment and materials supply-bid extend 38 Medical
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Vietnam has approved nine Covid-19 vaccines for emergency use in the country, according to the Ministry of Health.

In the third quarter of 2021, the Ho Chi Minh City condo market witnessed a sharp drop in both new launches (down 70.0 per cent on-year) to 1,600 units and sales volume (down 68.4 per cent on-year) to 1,582 units, a five-year low.

The Ministry of Finance (MoF) has proposed rescheduling excise tax payments for local automobile manufactures and assemblers. The draft decree recommends that payments over VNĐ4.4 trillion (US$191 million) for October and November be delayed until late December.

According to the ministry, by the end of this year, businesses can regain a growth rate like before the pandemic broke out. Sectors that are traditionally strong in export such as telephone, electronics, machinery and accessories are also likely to post export growth of 15-25 percent this year, it said.