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New key interest rates applicable from March 13

Hanoi, Mar. 12 (VNA) – The State Bank of Vietnam (SBV) has announced a reduction in key interest rates at credit institutions and foreign bank branches, applicable from March 13.

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State Bank to monitor FDI loan reports

Hanoi, March 13 (VNA) — The State Bank of Vietnam (SBV) has instructed credit institutions and branches of foreign banks to report their lending to foreign direct investment (FDI) businesses before March 16.  

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Banks move to cut deposit interest rates

HCM City  , March 9 (VNA) — A State Bank of Vietnam (SBV) announcement about a possible cut in deposit interest rates has spurred many banks into action even before an official decision is taken.      

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Profit-taking drives down shares

Hanoi, March 7 (VNA) — Heavy profit-taking cut short the rally on both of the nation''s stock exchanges on March 7, with the VN-Index declining by 2.67 percent to close the session at 445.00 points.    

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VN goods to be displayed in Phnom Penh

HCM City, March 13 (VNA) — A trade, services and tourism expo promoting the theme "Vietnamese Products-More Choices-Much Trusted" will be held from March 28 to April 1 at the Mondial Centre in Phnom Penh.   

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Credit loans provided for electricity projects

Da Nang  , March 13 (VNA) – A credit contract worth 820 billion VND for two 500kV and 220 kV power transmission projects was signed on March 12 in the central city of  Da Nang . 

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JICA project disbursement sees improvement

Hanoi  , March 13 (VNA) – Japan International Cooperation Agency (JICA) has observed an improvement in disbursement of funds for its projects in  Vietnam  in recent months, JICA Vietnam  Chief Representative Tsuno Motonori has said.The official noted Vietnamese Government efforts to increase public investment as part of the economic restructuring programme and its consistent emphasis on timely project completion.

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VN seeks more Belgian ODA

Hanoi, Mar 13 (VNA) - Minister of Transport Dinh La Thang has expressed his wish that Belgium will provide more overseas development assistance (ODA) for road, aviation, railway and logistical services projects in Vietnam.

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Dutch firm to buy local seafood plant

Can Tho, Mar 14 (VNA) — Can Tho-based Binh An Seafood JSC (Bianfishco) plans to sell its fish processing plant to a finance investment corporation from the Netherlands to pay off debts to its fish providers in March, the company''s CEO Tran Van Tri confirmed on March 13. 

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ADB supports water resources in Red River delta

Hanoi, March 14 (VNA) – The Asian Development Bank (ADB) has pledged an 800,000 USD technical assistance project for Vietnam to improve irrigation and drainage infrastructure in the mid and northeastern Red River Delta.

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