Topic: State

The decision is meant to reduce red tape and simplify business operations for Vietnam's banks and credit institutions.

Revenues fall short as global headwinds buffet the economy.

The State Bank of Vietnam has made south going moves in its gold auction strategy to gain more traction with buyers.

Deputy Governor Dao Minh Tu discusses State Bank's efforts to stabilize SCB and maintain financial system integrity at first-quarter press conference.

The State Bank of Vietnam has begun selling US dollars to curb a rapidly appreciating exchange rate, offering relief to banks with negative foreign currency positions.

After consulting with businesses and analysts on a draft report on the implementation of the Vietnam Civil Aviation Law, the Vietnam Chamber of Commerce and Industry (VCCI) has made a series of comments. Analysts believe there are still many inadequate regulations on civil aviation when the State intervenes in production and business plans or restricts aircraft procurement activities, hindering the development of the sector. To solve the problems, the VCCI made two important suggestions relating to utilizing the resources of enterprises and aircraft parking issues.

Under a Decision signed by the Chairman of the Quang Nam Provincial People’s Committee Le Tri Thanh on June 20, more compensation and support policies will be offered to households and individuals whose land has been recovered for construction projects. Those subject to the Decision include households and individuals with gardens or ponds within housing land plots not recognized as residential land under the provisions of Clause 6, Article 103, of the Land Law.