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Russia gets WTO membership

On August 22, Russia became the 156 th official member of the World Trade Organisation (WTO) after 18 years of negotiation. 

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China to promote maritime connectivity with ASEAN

The Chinese national news agency (Xinhua) cited Fu Ying as saying that China will use the 3 billion yuan (473 million USD) China-ASEAN Maritime Cooperation Fund and upgrade ports and boost maritime transport cooperation with ASEAN

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Outstanding ASEAN businesses honoured

Vientiane  , July 29 (VNA) – As many as 86 awards were granted to outstanding ASEAN businesses at a ceremony in the Lao capital of  Vientiane  on July 28.   

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Banks resume paying interest on gold deposits

HCM  City , July 26 (VNA) — Banks have resumed mobilising gold at an interest rate of 0.6 – 1 percent per annum after gold owners are required to pay interest on their gold deposits at banks.  

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APEC warned on business risks

HCM  City , July 20 (VNA) — Asia-Pacific economies should promote greater economic integration by taking resolute actions to guard against financial and sovereign risks while pursuing trade and investment, and maintain a robust growth trajectory toward achieving certain goals, according to regional business learders at the third session of APEC Business Advisory Council (ABAC).  

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Banks to help only most-deserving firms

Hanoi , July 21 (VNA) - Commercial banks won''t be able to save all of their struggling borrowers at any cost, the State Bank of Vietnam Governor Nguyen Van Binh said at a dialogue on July 20 among  Hanoi ''s authorities and representatives of about 100 enterprises.    

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ADB provides loan to technical assistance

Dak Lak, July 18 (VNA) – The Asian Development Bank (ADB) on July 18 launched a technical assistance project for three class-2 cities in the target provinces of Quang  Nam , Dak Lak and Ha Tinh.         

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Ambassador pushes Vietnam-Japan’s cooperation

Tokyo , July 15 (VNA) – Vietnamese Ambassador to Japan Doan Xuan Hung has made a fact-finding tour of Ibaraki and some northeast prefectures to seek ways to promote cooperation between  Vietnam  and those localities.In Ibaraki prefecture, a scientific-technological hub and a leading agricultural production centre of Japan , Ambassador Hung and his delegation on July 14 met with Governor Masaru Hashimoto, and the  Ibaraki  chapter of the Japan-Vietnam Friendship Association.   

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Interest on dollar deposits rises

HCM   City  , July 14 (VNA) — Many commercial banks are violating the central bank''s deposit interest-rate cap on the US dollar, according to independent market watchdogs.      

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Banks ordered to cut interest on old loans

Hanoi  , July 9 (VNA) — State Bank of  Vietnam  Governor Nguyen Van Binh has asked commercial banks to refinance outstanding loans at lower interest rates in a bid to help businesses facing difficulties.       

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