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The Capital’s Leadership Transition: Unveiling the New Era of Administrative Excellence

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On the afternoon of August 19th, the Hanoi Party Committee held a conference to announce the decision of the Municipal Party Committee's Standing Board regarding personnel work.

Credit Growth and the ‘Carrot’ for Select Banks

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The rapid growth of credit contrasted with slower capital mobilization has put significant strain on the banking system's liquidity. In response, the State Bank has intervened by reducing the statutory reserve ratio by 50% for four banks that are recipients of mandatory transfers from four banks under special control.

Proposed Regional Minimum Wage Increase for 2026

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The Ministry of Home Affairs is seeking feedback on a draft decree that proposes to set a minimum wage for employees working under labor contracts.