Business News

On January 11, the National Assembly Standing Committee approved the transformation of the investment model of public-private partnerships (PPP) into the public investment model for the National Highway No.45-Nghi Son, and the Nghi Son-Dien Chau sections of the North-South Expressway’s eastern cluster.

Before 2018, Vietcombank and MBBank were the two banks with the largest proportion of CASA in the banking system. While Vietcombank had an advantage in luring demand deposits through transactions of State-owned agencies and enterprises, MBBank benefited from defence agencies and enterprises.

“The VN-Index increased gradually from the beginning of the morning session to the end of the afternoon session and was now back above the threshold of 1,100. Foreign investors were net sellers on both HSX and HNX. Besides, market breadth turned to a positive status with lower liquidity compared to the previous session,” said BIDV Securities Co.

To make the most of advanced scientific and technological achievements and to be among the leading countries in ASEAN and form a contingent of highly qualified marine science and technology staff, the Việt Nam Administration of Sea and Islands was assigned to take charge of building a master project on marine science and technology research to 2030, with a vision to 2045.

In order to support these IZs' investors realise the above target to attract $5 billion in FDI capital, Le Van Thanh, Secretary of Haiphong Party Committee asked Haiphong Economic Zones (EZ) Management Authority, and relevant authorities to promote administrative reform to deal with difficulties facing IZs, as well as review their compliance.

The most recent resurgence of COVID-19 has been brought under control in short order, with no new breakout expected for the best part of this year. Thanks to that, domestic economic activities will continue to recover and comply with the new normal of the global economy, where sporadic, small-scale resurgences are expected by the VEPR.

Bao Thang commune, Ky Son district, located nearly 30 km from National Road 7, covers an area of more than 8035 hectares. Surrounded by mountains and forests on all four sides, it is composed of 5 villages with 392 households and a total of 2,035 people mainly belonging to the Kho Mu ethnic group. Among the poorest population in Nghe An province, many families in this remote mountain area were severely affected by the last series of storms that hit the region.

Vietnam attracted more than US$2billion in FDI in January, 37.8 percent higher than in the same period in 2020, according to the Ministry of Planning and Investment.