US, China Reach a Partial Trade Deal, Easing Tensions

President Donald Trump announced on Friday that the United States reached a partial trade agreement “in principle” with China, on intellectual property, financial services, and agriculture.


Illustrative photo.

Banks stop foreign currency loans

By implementing Circular 42/2018 from 1 October 2019, which amends and supplements a number of articles of Circular 24/2015 of the State Bank of Vietnam, commercial banks and foreign bank branches will stop offering medium and long-term foreign currency loans for payment of import of goods and services, even though the borrowing enterprises receive sufficient foreign currencies from production and business revenues.

Illustrative photo.

Capital absorption capacity in the economy remains weak

At the third-quarter meeting of the National Financial and Monetary Policy Advisory Council, chaired by Deputy Prime Minister Vuong Dinh Hue, most of the council members gave a positive evaluation of the management of financial and monetary policies over the past months of 2019, besides making key recommendations for forthcoming tasks in the remaining months of the year.

A section of Long Thanh-Dau Day expressway.

North-South expressway project lacks potential investors

After announcing the cancellation of international bidding, the Ministry of Transport recently decided to go for domestic bidding in order to looking for investors for the BOT (build-operate-transfer) North-South expressway project.

International investors fear rise of USD Index

International investors fear rise of USD Index

The rise of the USD Index (USDX) has never been good news for international investors, and it is even more volatile now as USDX, gold and US securities have been on the same track lately.

Fragile situation at DongABank

Fragile situation at DongABank

DongA Commercial Joint Stock Bank (DongABank) will hold an extraordinary shareholders meeting on 12 October 2019.

BÁO XUÂN KỶ HỢI 2019