Economics News - VCCI - Vietnam Chamber of Commerce and Industry

VCCI Ecoinomics news

Foreign capital is open to Vietnamese banks

The foreign room gap at many banks is still quite large, opening up opportunities for foreign investors to participate in the financial and banking market in Vietnam.It is forecasted that M&A activities between Vietnamese banks and foreign partners will be active again in the near future.

Sat, May 22, 2021, 12:16:00

Vietnam records 50 more local Covid-19 cases

Vietnam recorded 50 new local Covid-19 cases Saturday noon in four northern localities.

Sat, May 22, 2021, 12:11:00

Remittances to HCM City reach US$2 billion in in Jan-Apr

Remittances to Ho Chi Minh City were estimated to reach US$2 billion during January-April, up 11% against the same period last year.

Sat, May 22, 2021, 12:10:00

Vietnam wants EU to help it acquire Covid vaccine

National Assembly chairman Vuong Dinh Hue has sought the EU’s help for Vietnam to access Covid-19 vaccines and vaccine production technologies.

Sat, May 22, 2021, 12:07:00

Banks warned about loans to big corporate customers

The State Bank of Vietnam (SBV) has warned commercial banks about rising bad debts and loans from large corporate customers whose credit values top 500 billion VND (21.5 million USD) each.

Sat, May 22, 2021, 12:05:00

Slogging away: HCMC workers ignore overtime limits to make ends meet

Vietnam's Labor Code stipulates that an employee can work a maximum of 200 extra hours a year, but many workers in HCMC are happy to exceed the limit.

Sat, May 22, 2021, 12:01:00

5,000 cars imported in first half of May

5,048 cars of less than nine seats were imported to Vietnam in the first half of May valued at US$18,000/car (excluding tax) equivalent to more than VND400 million, according to the General Department of Vietnam Customs (GDVC).

Sat, May 22, 2021, 11:58:00

Kien Giang province’s exports up nearly 16%

In the first five months, Kien Giang province's export turnover hit US$317 million, equal to 42 percent of the annual target and up nearly 16 percent year-on-year.