HANOI: Credit growth across Vietnam’s banking system is projected to reach approximately 16% in 2025, as reported by the State Bank of Vietnam (SBV). The central bank has communicated this forecast in a document to financial institutions, specifying the principles for establishing credit growth targets for the upcoming year. According to Vietnam News Agency, the … Read more
HANOI: Eight military officers from Vietnam are set to join United Nations peacekeeping missions in the Central African Republic and South Sudan, marking another step in the country’s growing commitment to international peace efforts. The Ministry of National Defence held a ceremony to present the official decisions from the State President and the Minister of … Read more
Binh Duong: Binh Duong province, a key industrial center in southern Vietnam, has commenced the year 2025 by granting investment certificates to over 20 domestic projects, with a cumulative investment value exceeding 1.7 billion USD. This development marks a significant boost to the province’s economic landscape, highlighting its role as a magnet for domestic investors. … Read more
HANOI: Deputy Prime Minister Tran Hong Ha has underscored the urgent need for a detailed strategy to transition from petrol- and diesel-powered vehicles to electric vehicles (EVs) as part of efforts to reduce pollution. Highlighting the responsibility of the State to its citizens, Ha called for specific and timely actions to address severe air pollution, … Read more
PHU THO: Vietnam emerged victorious with a 2-1 win against Thailand in the first leg of the 2024 ASEAN Championship final. The match took place in the northern province of Phu Tho on the evening of January 2, where Vietnam’s Nguyen Xuan Son delivered an outstanding performance by scoring both goals for his team. According … Read more
HO CHI MINH CITY: Vietnam’s major retailers are gearing up for the upcoming Lunar New Year, known as Tet, by significantly increasing their stockpiles of essential goods. Saigon Co.op, one of the country’s leading retail chains, has amassed over 12,000 tonnes of goods, marking a 30-50% increase compared to typical inventory levels. This move aims … Read more