Some financial norms of credit organizations as calculated by September 30, 2012 (Unit: billion VND). Outstanding credit was updated as of late July 2012 –Source: The State Bank of Viet Nam The total asset, equity and charter capital of credit organizations through months of 2012 – Source: The State Bank of Viet Nam Growth rates of asset, equity and charter capital of credit organizations in the first nine months of 2012 – Source: The State Bank of Viet Nam The rates of minimum capital safety in credit organizations until September 30, 2012 (excluding the Bank for Social Policies) – Source: The State Bank of Viet Nam By Kim Anh Related news: #http://news.gov.vn/Home/Commercial-banks--facts-and-figures/20129/15755.vgp … [Read more...] about Commercial banks – facts and figures (updated)
Update july
The Government’s regular meeting – July 2017
THE GOVERNMENT SOCIALIST REPUBLIC OF VIET NAMIndependence - Freedom - Happiness No. 75/NQ-CP Ha Noi, August 09, 2017 RESOLUTIONTHE GOVERNMENT’S REGULAR MEETING – JULY 2017 THE GOVERNMENT Pursuant to the Law on Organization of the Government dated June 19, 2015; Pursuant to the Government’s Decree No. 138/2016/ND-CP dated October 01, 2016 promulgating the working regulation of the Government; Based on the discussion of the Cabinet members and the conclusion of the Prime Minister at the Government’s regular meeting in July 2017, held on August 3rd, 2017, RESOLVES :1. Regarding the draft Law on Cyber Information Security The Ministry of Public Security shall lead and coordinate with the Ministry of Justice, the Ministry of Information and Communications, the Government Office and concerned … [Read more...] about The Government’s regular meeting – July 2017
Viet Nam issues regulatory update affecting foreign retail enterprises
On April 22, 2013, the Vietnamese Ministry of Industry and Trade issued Circular No. 08/2013/TT-BCT (hereinafter referred to as "Circular 08″) regarding the activities of selling goods and related activities by foreign invested enterprises (FIEs) in Viet Nam. by Dezan Shira & Associates Selling goods and related activities by foreign invested enterprises (FIEs) in Viet Nam are subject to Circular 08. Photo diendandautu.vn (Biz Hub) On April 22, 2013, the Vietnamese Ministry of Industry and Trade issuedCircular No. 08/2013/TT-BCT (hereinafter referred to as "Circular 08″) regarding the activities of selling goods and related activities by foreign invested enterprises (FIEs) in Viet Nam. Circular 08 will replace Circular 09/2007/TT-BTM and Circular 05/2008/TT-BCT, which are dated July 17, 2007 and April 14, 2008 respectively. Circular 08 promulgates the following changes: - Foreign retailers are now required to complete an Economic Needs Test (ENT) based on a … [Read more...] about Viet Nam issues regulatory update affecting foreign retail enterprises
Updated plan targets a low carbon economy
A wind turbine of the Bac Lieu Wind Power Plant. — VNA/VNS Photo Duy Khuong Viet Nam plans to develop a low-carbon economy and include climate-change resistance work in its updated Nationally Determined Contribution (NDC) for the Paris climate accords. The information was released by Pham Van Tan deputy head of the Meteorology, Hydrology and Climate Change Department under the Ministry of Natural Resources and Environment at a workshop held on Wednesday in Ha Noi. The workshop was organised by the environment ministry and the German International Co-operation Agency to consult experts and policymakers before updating the NDC. The move was taken under the requirements of the 2015 Paris Climate Conference, Tan said. Each party that ratified the Paris agreement was asked to submit an updated NDC every five years, defining their efforts to contribute to holding the increase in the global average … [Read more...] about Updated plan targets a low carbon economy
Firms must update technology
To remain competitive and take part in the global value chain, local companies, especially small- and medium-sized enterprises must invest in modern technology— Photo nhatoidep.com HCM CITY (Biz Hub)– The fast-growing number of foreign investors has led to an expansion of industrial manufacturing in Viet Nam, especially for local production. To remain competitive and take part in the global value chain, local companies, especially small- and medium-sized enterprises (SMEs), must invest in modern technology, said Tran Viet Dung, deputy director of VCCI Exhibition Service Ltd, at a news conference yesterday. The Trans-Pacific Partnership Agreement together with other Free Trade Agreements (FTAs) are likely to maintain Viet Nam as a promising destination for foreign direct investment ((FDI), he said. According to the Foreign Investment Agency, total new investment capital and increased investment capital of foreign investors in Viet Nam was worth US$10.15 billion in the … [Read more...] about Firms must update technology