Business News

The State Bank of Viet Nam issued Circular No. 52/2018/TT-NHNN on rating credit institutions and foreign bank branches from 2019 onward.Credit institutions and foreign bank branches are divided into six groups including (1) large-scale commercial banks with a quarterly average asset value exceeding VND100 trillion; (2) small sized commercial banks with a quarterly average asset value equal to or lower than VND100 trillion.

Last month, property developer Vingroup unveiled plans to sell 20 million non-convertible bonds at VND100,000 (US$4.39) each in two phases without any covered warrants or guaranteed assets.

Industrial zones in the Mekong Delta city of Can Tho attracted a total registered investment capital of US$112 million last year, 12 per cent higher than the annual target, according to the municipal Industrial Zones and Processing Zones Management Board.

The United States’ Federal Aviation Administration (FAA) is expected to grant a Category 1 rating to Vietnam soon, allowing its airlines to fly to the US and codeshare with US carriers, according to the Strait Times.

The policies include regulations on issuance of corporate bonds, e-transactions in financial operations, exploitation of remote sensing data.

As associates of the Federation, you can enjoy a wide range of exclusive benefits and unparalleled business opportunities. The Federation Secretariat is pleased to recap some highlights as below.

Date: Thursday, January 24th, 2018,
Time: from 8.30 a.m to 11 a.m
Location: CCIFV, 15th Floor, 5B Ton Duc Thang Street, District 1, HCMC  

Foreigners have been growing more interested in buying houses in Vietnam despite obstacles in ownership.