No money, no need: Experts question proposed rail line to China

No money, no need: Experts question proposed rail line to China

Experts query the government’s ability to raise funds for a proposed VND100 trillion $4.3 billion railroad line to the China border and its requirement.
Tran Hai Linh, General Director of Sendo: Do not "burn money" for growth

Tran Hai Linh, General Director of Sendo: Do not "burn money" for growth

​VCN - With a series of domestic and foreign e-commerce businesses and platforms, finding a direction for businesses is not easy.
Auto industry needs more than money

Auto industry needs more than money

The Ministry of Industry and Trade is expected to submit to the Government an automobile industry development plan with solutions to supporting auto manufacturing projects in Vietnam.
Risk of money laundering in Vietnam at “average high” level

Risk of money laundering in Vietnam at “average high” level

The risk of money laundering in Vietnam is at “average high” level, and that of terrorist financing at “low” level, according to a recent report released by the State Bank of Vietnam (SBV).
Broad-door for low-interest loans

Broad-door for low-interest loans

VCN- From April 1, Orient Commercial Joint Stock Bank (OCB) deployed a 3,000 billion VND preferential loan package for small and medium enterprises operating in import and export and supply chain, with interest rates fluctuating 7% a year.
Government gives green light to mobile money project

Government gives green light to mobile money project

Prime Minister Nguyen Xuan Phuc has directed the Ministry of Information and Communications in co-ordination with the State Bank of Vietnam to develop a “mobile money” project
Vietnam commits to fighting money laundering

Vietnam commits to fighting money laundering

he 2015 penal code includes revised articles and supplements to fight money laundering, said Chief Justice of the Supreme People’s Court Nguyen Hoa Binh said at a workshop in the central city of Da Nang on July 9.
Pumping money into e-commerce: golden opportunity or fierce battle?

Pumping money into e-commerce: golden opportunity or fierce battle?

VCN- E-commerce is always considered as an area with great potentiality for development in Vietnam.
Vietnamese willing to spend big money on super cars

Vietnamese willing to spend big money on super cars

Vietnamese are some of Southeast Asia’s biggest buyers of luxury cars.
Part 3: Take risks of pouring money into difficult sectors

Part 3: Take risks of pouring money into difficult sectors

VCN- Private groups are not only leading enterprises of their sectors, but they also dare to invest into other difficult sectors as finding a chance. This shows the bravery in business of the private sector which is occupying important sectors of the econ
Dirty money: banks urged to report suspicious transactions

Dirty money: banks urged to report suspicious transactions

Banks and payment gateways are now the most effective way for hi tech criminals to transfer dirty money and conduct illegal actions
Prevent capital losses in equitization - Part 2: Let the state capital "give birth" money

Prevent capital losses in equitization - Part 2: Let the state capital "give birth" money

VCN- Equitization of SOE is only the first step. After equitization, the management and effective use of capital in enterprises for avoiding losses is a matter of social concern.
"Bubbles” of digital currency will burst any time

"Bubbles” of digital currency will burst any time

VCN- At the talk, "Bitcoin and the Blockchain wave" held on 20th December, experts evaluated that digital currency and blockchain is a new technology trend, but in Vietnam there are many misunderstandings, leading to speculation and wrongful use.
Tay Ninh: Hot smuggling spot of money and foreign currency

Tay Ninh: Hot smuggling spot of money and foreign currency

VCN- The border area of the Tay Ninh province has a large traffic flow, opposite the Cambodian side, there are many casinos, so the illegal currency movement across the border happens complicatedly and tends to increase.
Trade promotion remains a little money “chorus”

Trade promotion remains a little money “chorus”

VCN- As the market link, orientation, clearing, the trade promotion has not seemed to change much. Little money has been still the reason when the trade promotion was not effective.
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