The Viet Nam Asset Management Company (VAMC) this year will use cash, departing from the usual practice of using only special bonds, to buy non-performing loans (NPLs), officials said.

Vietnam is being outpaced in the tourism sector by its regional neighbors due to an astonishing lack of funding for marketing the country internationally. This is despite tourism being a major industry for the country, and the sector being identified as a key area for growth in the recent World Bank-sponsored 20016-2020 economic development plan for Vietnam.

Garment and textile industry exports in the first five months of this year rose 6.1 per cent to US$8.6 billion, according to the Ministry of Industry and Trade.

Greece has agreed a deal to unlock a further EUR10.3 billion(USD11.5bn; GBP7.8bn) in loans from its international creditors, after talks in Brussels.

The US Senate has supported scrapping of the United States Department of Agriculture (USDA)’s catfish inspection programme because critics argued that the programme was wasteful and unnecessary.

Vietnam`s consumer price index (CPI) in May increased by 0.54% compared to April and the figure represents a year-on-year increase of 2.28% over the same period in 2015.

Japan's ANA Holdings said it plans to buy an 8.8 percent stake in state-controlled Vietnam Airlines, becoming its main strategic partner in a deal that values the Southeast Asian carrier at about USD1.2 billion.

Fitch Ratings ​recently affirmed Vietnam’s long-term foreign and local currency IDRs at ’BB-’ with a stable outlook. 
 

Vietnam is leading the pack in Southeast Asia this year when it comes to raising funds from  initial public offerings. 

Vietnamese securities companies are in a hurry to seek a suitable system to work with when the first-ever derivatives market is launched by this year-end, according to local media.

Prime Minister Nguyen Tan Dung has approved the State Bank of Việt Nam's (SBV) proposal to extend the VNĐ30 trillion (US$1.3 billion) housing stimulus package until disbursement of all associated funds is completed.

The central city of Da Nang topped the Provincial Competitive Index (PCI) for the third consecutive year in 2015, among 63 provinces and cities nationwide.

In the first quarter of 2016, the total newly-registered foreign direct investment (FDI) capital in Vietnam reached $2.74 million, up 125.2 per cent on-year, thanks to numerous projects worth hundreds of millions of dollars, according to the Ministry of Planning and Investment’s statistics released on March 23.

HA NOI-Vietnamese investors are expecting more transactions from State-owned enterprises' (SOE) equitisation rather than by private/family firm owners, Grant Thornton Viet Nam's latest survey said.

Vietnam’s economic growth slowed in the first quarter as the country’s income from crude and agriculture production dropped.