Establising database of national credit information

On January 28, 2013, the State Bank of Vietnam issued the Circular No. 03/2013/TT-NHNN providing on credit information activity of the State bank of Vietnam. One of the...

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Bank must self – implement classification of debts at least each quarter

This is the requirement under the Circular No. 02/2013/TTNHNN dated January 21, 2013 of the State Bank of Vietnam providing on classification of assets, levels and meth...

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Restraining the extension of credit institution network in 2013

This is regulation under the Directive No. 01/CT-NHNN of the State Bank of Vietnam dated January 31, 2013 on organization to implement the monetary policy and assuranac...

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Warrant construction works at least 12 months

This is also the requirement of the Government for construction contractors and suppliers of material used in construction works under the Decree No.

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The prime minister decides on investment approval for project over 100 hectares

On January 14, 2013, the Government issued the Decree No. 11/2013/ND-CP on the investment management of urban development. Of which, one of the notable contents is regu...

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Apec business travel cards shall be valid for 3 years

On January 30, 2013, the Ministry of Public Security promulgates the Circular No. 07/2013/TT-BCA amending and supplementing a number of points in the Circular No. 27/20...

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Vietnamese market attractive to US investors

US investors are showing their keen interest in the Vietnamese market thanks to political stability and cheap labour costs. Many US business groups like Intel and IBM h...

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Medicine needed for health investment

The search for health sector investment in 2013 is moving up on Vietnam's agenda. According to minister of Health Nguyen Thi Kim Tien, state investment into the health ...

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Japanese ODA promotes Vietnam’s economic growth

The Japanese International Cooperation Agency (JICA) held a conference in Hanoi on January 30 to review Japan’s official development assistance (ODA) to Vietnam over ...

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MoF raise the cap on advertising and promotion (A&P) expenses from 10 pct to 15 pct

Despite an expected increase on the cap on advertising and promotion expenses, the business community in Vietnam has continued proposing to eliminate the cap entirely, ...

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What’ll the main markets be like in 2013?

The stock market would attract more investors in 2013, while the real estate market would still be in its hibernation, according to Dr Dinh The Hien, an economist, when...

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