Proposals for draft amended Law on Education by the Ministry of Education and Training (MoET), especially regulations on private nurseries, are raising concerns among the public, including parents and nursery school teachers.
According to the proposals, the number of children in a private nursery classroom may increase from 50 to 70.
The Government issued Decree No. 08/2018/ND-CP (Decree) amending some decrees relating to business investment conditions under the state management of the Ministry of Industry and Trade.
Question: What are the new business conditions in some fields?
The speedy repossession of collateral is a credit-positive step for Vietnamese banks, which continue to grapple with legacy asset-quality issues caused by rapid credit growth and loose underwriting standards of the past decade, Moody’s Investors Services said in a note on Monday.
Vietnam’s fintech ecosystem is on the rise fueled by a surge in foreign investor interest and a desire from the government to boost fintech development.
The launch of the SBV Steering Committee on Fintech in March hinted at the government’s stance on financial innovation and brought clarity on some of the undergoing initiatives from the public sector.
The State Bank of Việt Nam (SBV) is drafting a law on supporting credit institutions to restructure and resolve bad debt in an effort to quicken the process.
The incomplete legal framework for handling poorly-performing banks and bad debts is hindering the restructuring of credit institutions, according to SBV.
Foreign shipping lines will have to publicise charges, surcharges of freight services for containerised goods, and port service charges from July 1, 2017.
The Vietnamese government officially issued Decree No. 146/2016/ND-CP late last year, mandating the publication of these charges after months of consideration.
Investors need to look beyond first-tier cities and at new types of assets to make profits, including emerging markets such as Việt Nam, as the Asian property market slows.
This was stated in a report on real estate tips for the Asia-Pacific market 2017, released by Savills Việt Nam on March 3.
The Ministry of Planning and Investment is expecting a wave of private investment into the infrastructure sector as it collects comments on the revision of legal documents pertaining to public-private partnership projects and selection criteria with the aim of attracting more investors.
The State Bank of Vietnam (SBV) currently encourages mergers and acquisitions (M&A) for weak credit institutions based on voluntary spirit and the assurance of relevant rights for both parties. However, this will turn into a compulsory activity if these institutions do not volunteer.
HCM City’s Department of Education and Training is seeking help from overseas Vietnamese educators who can set up training models that meet international standards and provide capital to build schools and buy teaching aids.
A flight carrying the representative of a US-based group which runs many large casinos worldwide landed in Vietnam just days before Vietnam’s traditional Tet holiday. A closed negotiation was conducted in an effort to enter the domestic casino market.
Vietnam is set to become a fully industrialized country by 2020.
In real terms, the Vietnamese construction industry registered a growth rate of 9.1 per cent in 2016, measured at constant 2010 US dollar exchange rates, according to latest report by ReportLinker, an award-winning market research solution.
Vietnam's economy grows steadily in various sectors.
Backed by a strong end of year with 2016’s fourth quarter GDP growth of 6.8 per cent and a growth rate of 6.2 per cent for the whole year, the primary driver of Vietnam’s robust economic expansion is manufacturing, HSBC wrote in its latest report.
Viet Nam’s textile and garment industry has targeted a growth in exports of 6.5-7 per cent to US$30 billion this year.
The target was announced by Le Tien Truong, general director of Viet Nam National Textile and Garment Group (Vinatex).
Hanoi (VNA) - The State Bank of Vietnam (SBV) will co-operate with relevant agencies to map out a "special" law to boost bank restructuring and settle bad debts in 2017, according to SBV Governor Le Minh Hung.
Many large and unexpected merger and acquisition (M&A) deals were made in 2016, with retail and real estate continuing to dominate the domestic market.
According to the Vietnam M&A Forum research group, M&A value in 2016 broke the record of US$5.2 billion set in the previous year.
Pharmacy firms are making good profits, with the market expecting a stable growth rate of 10-15 percent.
A report shows that about 30 pharmacy firms had listed their shares on the Hanoi and HCMC bourses and on UpCom by April 2016 with total capitalization value of VND14.8 trillion.