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 HÀ NỘI - Thông Tấn Xã Giải Phóng (Liberation News Agency) – the southern counterpart of Vietnam News Agency during war time  – was among 15 units and localities honoured with the title Hero of the Armed Forces for their exceptionally outstanding achievements during the anti-American resistance war. … [Read more...] about Liberation News Agency honoured as Hero of the Armed Forces

The draft said short sale transactions with collateral (secured short sales) were transactions for borrowed securities in the securities borrowing and lending (SBL) system of the Vietnam Securities Depository. The seller is then obliged to buy back the securities to repay the loan. The short sale will be executed based on the securities loan transaction contract on the securities loan and lending system at the Vietnam Securities Depository. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 5

Hanoi (VNA) – The State Treasury mobilised a total of 6.32 trillion VND (273.2 million USD) worth of Government bonds at the latest auction held by the Hanoi Stock Exchange (HNX). At this auction, the State Treasury issued bonds worth of 5.5 trillion VND of 5-year, 10-year, 15-year and 30-year terms. Just 20 billion VND was raised from 5-year bonds with an annual interest rate of 1.7 percent, equal to that of the previous auction on August 12. All the 3 trillion VND worth of 10-year bonds was mobilised with an interest rate of 2.9 percent, 0.02 higher than the August 19 auction. Additional 1.5 trillion VND was raised through an auxiliary auction of the 10-year bonds. The 15-year bonds called for 1.3 trillion VND with an annual interest rate of 3.07 percent, up 0.02 percent from the August 19 auction. All the 500 billion VND worth of 30-year bonds was sold with a yearly interest rate of 3.5 percent, equal to that of the August 12 auction. Since the beginning of 2020, the … [Read more...] about State Treasury raises over 270 million USD worth of G-bonds at latest auction

Hoang from FIA said that Vietnam is doing its utmost to improve its legal and institutional framework, simplify administrative procedures, and facilitate investors. Vietnam has also come out with some outstanding incentives, although the existing ones were already better than those of other countries. "These outstanding incentives are built particularly for high-tech, modern projects with more participation of Vietnamese businesses in global value chains," Hoang emphasised. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 7

They also acknowledged the progress made in the implementation of the ASEAN-Japan Economic Resilience Action Plan they adopted at their virtual meeting on July 29. The plan includes specific measures to sustain the close economic ties developed by ASEAN and Japan, mitigate the adverse impact of COVID-19 on economies, and strengthen economic resilience in response to the challenges brought about by the COVID-19 pandemic. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES AUGUST 29