42 banks to provide guarantees for home purchases

The State Bank of Việt Nam (SBV) has released a list of 42 commercial banks, which are eligible to provide guarantees for future home purchases, according to Circular 13/2017. The list includes domestic large-sized joint stock commercial banks such as Agribank, Vietcombank, Vietinbank and ABBan...

Nearly 11,000 new firms established in November

In November 2017, nearly 11,000 enterprises were established with a registered capital of VNĐ109.9 trillion (US$4.8 billion), data of the Ministry of Planning and Investment revealed. This was a decrease of 2.1 per cent in the number of newly-established businesses and 7.8 per cent in registere...

Use of geographical indications for Vietnamese products overseas defined

The Government has issued Resolution No. 91 / NQ-CP on licensing the use of geographical indications for Vietnamese products and services overseas. The Government has assigned the Ministry of Science and Technology to license the use of the words ‘Viet’ or ‘Viet Nam’ for the certificatio...

Foreign investment in Vietnam may reach $28 billion by end of 2017

By the end of 2017, Vietnam will see soaring foreign investment capital, reaching $28 billion with an expected record in disbursed FDI capital of $17 billion. Soaring foreign investment capital In its report submitted to the 12th Communist Party of Vietnam Central Committee’s sixth plenary me...

Breakthroughs for M&A market sought

VGP – By late Q1, 2017, total value of M&A deals was equivalent to 75% of that in 2016.  Illustration photo An merger and acquisition (M&A) Forum was held in HCMC, targeting to analyze challenges and seek breakthroughs for the M&A market. The Switzerland-based Institute for Mergers, Acquisiti...

Legal reforms to push M&A market forward

The currently on-going Vietnam M&A Forum 2017 brought policymakers, investors, and major corporations to the table to discuss and propose changes to Vietnamese laws related to the M&A market and foreign capital inflows, inviting highly-productive discussion on the most pressing issues and several...

DPM: Business environment will be improved

VGP – The Government will take specific actions to improve the busines environment and support the business community to develop fast and sustainably. DPM Vu Duc Dam makes the statement at the Viet Nam Business Forum on Sustainable Development held in Ha Noi on February 21, 2014 Numerous measures...