The government will facilitate the restructuring of banks but not fully subsidize the costs involved in the process, State Bank of Vietnam governor Nguyen Van Binh has said.

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Banks must cover restructuring costs: central bank

Vietnam’s Prime Minister Nguyen Tan Dung told state-owned companies to submit restructuring plans, stepping up a drive to bolster the economy by raising efficiency and competitiveness.

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Vietnam orders state companies to submit restructuring plans

Some of the losses that state-owned enterprises incurred were due to their attempts to keep prices stable and to rein in inflation, Prime Minister Nguyen Tan Dung said Thursday.

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Vietnam’s SOEs make sacrifice in inflation fight: PM Dung

Prime Minister Nguyen Tan Dung Wednesday ordered the central bank to take strong measures to keep the exchange rate and gold prices stable.

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Vietnam PM orders central bank to stabilize forex, gold rates

Nguyen Dang Hung has advertised his villa for rent for months but he’s yet to catch a bite.

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Foreigners renting fewer homes in Vietnam

It’s wrong for the stock market to depend on short-term funds from banks and measures will be taken to help it attract capital on its own, State Bank of Vietnam Governor Nguyen Van Binh said.

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Banks should not provide capital for stock market: central bank

Nguyen Thi Dung, a craftsperson from Hanoi’s Van Phuc Silk Village, recently applied for a job at a garment factory in the Quang Minh Industrial Park.

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Factories poach northern craftsmen

Nguyen Van Nam has been on tenterhooks for the past week.

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Labor exports falter as banks tighten credit

Vietnam Shipbuilding Industry Group is facing difficulties clearing its debts but eventually it will have to pay them all, Minister and Chairman of Government Office Nguyen Xuan Phuc said.

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Vinashin has to clear its debts despite difficulties: official

Prime Minister Nguyen Tan Dung has approved a new tax reform strategy for 2011-2020 which aims to encourage investment by gradually reducing corporate income tax.

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Vietnam plans to cut corporate tax to spur investment