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Le Minh Hung

Việt Nam to cut public investment projects by at least 30% to focus resources: PM

Việt Nam to cut public investment projects by at least 30% to focus resources: PM

Priority should also be given to poverty reduction, support for ethnic minority communities and disadvantaged areas, national defence and security, and essential services such as healthcare, education and culture.
PM orders stronger measures to ensure power supply to support double-digit growth

PM orders stronger measures to ensure power supply to support double-digit growth

Stressing that ensuring energy security and a reliable power supply us critical as Việt Nam pursues double-digit growth, PM Hưng called on stronger determination and efforts to make necessary adjustments to the revised PDP8 to meet the rising demand.
Việt Nam, Laos seek to expand room for trade, investment cooperation

Việt Nam, Laos seek to expand room for trade, investment cooperation

The two countries aim to boost bilateral trade in 2026 towards the milestone of $10 billion by 2030, a target the Việt Nam Trade Office in Laos said is challenging but feasible as both Governments work to remove trade barriers, improve...
Official highlights three areas to focus on to achieve 20 billion in Việt Nam – Cambodia trade

Official highlights three areas to focus on to achieve $20 billion in Việt Nam – Cambodia trade

In an interview with the Vietnam News Agency (VNA) ahead of Prime Minister Lê Minh Hưng’s official visit to Cambodia, Col. Trần Văn Thông said the visit holds great significance as Việt Nam–Cambodia relations are flourishing comprehensively and substantively.
Prime Minister urges Samsung to partner in enhancing technological capability

Prime Minister urges Samsung to partner in enhancing technological capability

PM Hưng said he wants Samsung to expand investment and improve operational quality, turning Việt Nam from a production base into a technology, R&D and innovation hub.
PM urges SMEs to aim higher towards 2 million businesses target by 2030

PM urges SMEs to aim higher towards 2 million businesses target by 2030

PM Hưng expected the next 20 years should be a period in which Vietnamese SMEs grow not only in number but also in quality, productivity, technology, management capacity and scale to contribute to the government''s target of double-digit economic growth...
Việt Nams Prime Minister calls for deeper ASEAN-Russia cooperation in supply chains, energy and technology

Việt Nam's Prime Minister calls for deeper ASEAN-Russia cooperation in supply chains, energy and technology

PM Hưng said the gathering provided an opportunity for both sides to discuss strategic directions for broader, more substantive and more resilient cooperation amid global economic and geopolitical volatility.
Stronger money policies might be considered to aid economic growth

Stronger money policies might be considered to aid economic growth

The central bank’s statistics showed loan payment deadlines were restructured for nearly 260,000 customers with outstanding loans worth nearly VND18 trillion.
Banking sector reviews effects of Covid-19 pandemic, prepare for difficult year

Banking sector reviews effects of Covid-19 pandemic, prepare for difficult year

The governor of the State Bank of Viet Nam, Le Minh Hung, has called on banks to simplify lending procedures to help COVID-19-affected firms.
Banks urged to further support COVID-19 affected customers

Banks urged to further support COVID-19 affected customers

Governor of the State Bank of Viet Nam Le Minh Hung has called on commercial banks to urgently simplify lending procedures to help COVID-19-affected firms easily access preferential interest rate loans.
Government backs capital hike plans for four State-owned banks

Government backs capital hike plans for four State-owned banks

The Government supports the policy of allowing four State-owned banks to raise charter capital, said Governor of the State Bank of Viet Nam (SBV) Le Minh Hung.
Viet Nams foreign reserves surge 2.5 times over 2015

Viet Nam’s foreign reserves surge 2.5 times over 2015

Viet Nam’s foreign reserves have surged 2.5 times against 2015, Governor of the State Bank of Viet Nam (SBV) Le Minh Hung said.
Work needed on non-cash payments for public services

Work needed on non-cash payments for public services

Governor of the State Bank of Viet Nam Le Minh Hung has asked relevant agencies to help implement non-cash payments for public services, including tax, electricity, water, hospital and education fees.
Credit growth expanded 7.33% in H1 2019: SBV Governor

Credit growth expanded 7.33% in H1 2019: SBV Governor

The credit growth of Vietnamese banks in the first half of this year expanded by 7.33 per cent against the end of 2018, Governor of the State Bank of Việt Nam (SBV) Lê Minh Hưng said.
Central bank enhances measures against loan sharks

Central bank enhances measures against loan sharks

Governor of the State Bank of Viet Nam (SBV) Le Minh Hung on Monday instructed agencies to rapidly research and propose new policies to enable the expansion and diversification of lending and bank services with the aim of fighting loan...