Financial

The pre-feasibility study by the consortium of consultants for the North-South high-speed railway project proposed to build a railway line of about 1,560km, running along the North-South corridor of the country and passing through 20 localities while connecting Hanoi and Ho Chi Minh City. The proposed trains are designed for a speed of up 350km/h, and the commercial operating speed for passenger transport was planned to be 320km/h. … [Read more...] about The financial issues clouding ambitious North-South railway

The information made public by the SAV always attracts attention of agencies, organisations and individuals, as well as the mass media from central to local levels. Based on this source of information, the media has reliable grounds to launch reports on the management and use of public finance and assets of agencies and localities and violations of regulations. … [Read more...] about Publication of auditing outcomes helps build healthy State financial relations

All of the corporation's debts are long-term loans taken up to invest and upgrade manufacturing lines at its factories in Hung Yen and Sapa. Thanks to steadily increasing capital flows, it can arrange liquid capital for its activities without the need to take up short-term loans. … [Read more...] about Traphaco ahead the revenue and profit curve after nine months

Nguyen Thanh Nhan, corporate client manager at Viet Capital Bank, said commercial banks do not lack capital and they are always willing to provide capital for SMEs as long as they can prove their business plans are feasible and effective. To meet the credit growth target, Viet Capital Bank will give priority to SMEs and businesses active in the agriculture and essential goods sectors until the end of this year. … [Read more...] about SMEs struggle with accessing credits post-pandemic

Hanoi (VNA) - Vietnam hopes to make economic cooperation truly an important driver for its relations with Japan, the US, and Australia, Head of the Party Central Committee’s Economic Commission Nguyen Van Binh said on October 30. He made the statement while holding online talks with leaders from the Japan Bank for International Cooperation (JBIC), the US International Development Finance Corporation (DFC), and Export Finance Australia (EFA). The official affirmed that Vietnam’s relations with the three countries are flourishing, bringing about substantial benefits and contributing to peace, stability, cooperation, and development in the region and the world. Highlighting Vietnam’s consistent policy of attracting foreign investment to infrastructure development, Binh said the country is making every effort to complete its institutions and policies as well as its business and investment environment. Vietnam is willing to create favourable conditions for competent … [Read more...] about Vietnam seeks to boost economic ties with Japan, US, Australia