Many Vietnamese firms have established an overall ecosystem. — Photo ndh.vn HÀ NỘI — Twelve large ecosystems will be established across retail and institutional services in Việt Nam by 2025, constituting a revenue pool of about VNĐ2.4 trillion (US$100 billion). The information was released in a recently published economic research paper by McKinsey and Company. […]
SCB said the increase in capital helped SCB improve its financial capacity, enhancing the quality of its safety ratios, creating a premise for the bank to develop stably, safely and effectively, attracting more strategic shareholders. — Photo courtesy of SCB HÀ NỘI — The shareholders of Saigon Commercial Joint Stock Bank (SCB) Monday approved the […]
ADB ties up with MVV Training to support women-owned SMEs. — VNS Photo HCM CITY — Asian Development Bank (ADB) has selected MVV Education’s two technologies, Consultant Anywhere and Everlearn, to implement a COVID-19 business counseling and training programme for 500 women-owned small- and medium-sized enteprises (WSMEs) in Việt Nam. The programme will focus on providing tools to improve their capacity management capacity and skill sets to run their businesses successfully during the […]
Workers attend training class at Traenco. The company operates mainly in labour export. In recent years, the labour export segment has contributed the largest proportion to more than 70 per cent of total revenue. — Photo traencointernational.com.vn HÀ NỘI — The State Capital Investment Corporation (SCIC) announced Tuesday that it was about to divest all […]
HÀ NỘI — Việt Nam’s small and medium-sized enterprises (SMEs) need the State to better implement supporting policies to ensure their efficiency, according to participants at a policy forum supporting SMEs impacted by COVID-19 held in Hà Nội yesterday. The double impact of the COVID-19 pandemic’s spread and prevention measures has had far-reaching effects on the […]
The workshop to collect comments for the report in Hà Nội on Tuesday. — Photo qdnd.vn HÀ NỘI — The Central Institute for Economic Management (CIEM) organised a workshop to collect comments from relevant units on the report on impacts of some major types of sharing economy, before submitting it to the Government, in Hà […]
A Co.opmart supermarket in HCM City. Saigon Co.op has prepared a large volume of goods to ensure adequate supply during the Tết holiday. — Photo courtesy of Saigon Co.op HCM CITY — The Saigon Union of Trading Cooperatives (Saigon Co.op) has prepared a large volume of goods worth nearly VNĐ5 trillion (US$216.3 million), a year-on-year […]
Businesses are facing a lack of empty containers as Vietnamese exports boom and run up a big export surplus. – Photo cafef.vn HCM CITY – There is a serious shortage of empty containers for exports from Việt Nam, Phan Minh Thông, general director of agriculture products exporter Phúc Sinh Joint Stock Company, said. Besides, […]
HÀ NỘI — The price of Viet Nam’s export rice has been increasing since mid-July, surpassing the prices of other rice exporters thanks to improved quality. According to a representative of the Import and Export Department from the Ministry of Industry and Trade (MoIT), Vietnamese export rice currently sells for about US$495 per tonne, adding: “It […]
Vinamilk’s products on the shelf at a supermarket in Hà Nội. Shares of the largest dairy company by market capitalisation slipped 0.7 per cent on Tuesday. — Photo baochinhphu.vn HÀ NỘI — Việt Nam’s benchmark VN-Index fell slightly on Tuesday as the large-cap sector was mixed due to investors’ strong profit-taking. The VN-Index on the […]
Individual customers can now pay personal income tax and individual business household tax via Sacombank Internet Banking. — Photo courtesy of the bank HCM CITY — Individual customers can now pay personal income tax and individual business household tax (license, VAT and income taxes) via Sacombank Internet Banking (iSacombank.com) instead of having to come to […]
A booth at the Vietnam Foodexpo 2019. This year this exhibition will be held virtually from December 9 to 12. — Photo courtesy of the organisers HCM CITY — The 2020 Vietnam International Exhibition on Food Industry (Vietnam Foodexpo 2020) will be held virtually from December 9 to 12. According to the organisers, the […]
Grab drivers are worried that the fee increases would affect their incomes as passengers might choose other apps instead. — Photo saigonneer.com HÀ NỘI — The rail-hailing app Grab’s recent move to increase fees triggered concerns among drivers that they would earn less as passengers switch to other transportation service providers. The Grabcar and GrabBike fees were […]
Sunwah Group on December 7 inaugurated the Sunwah Innovation Centre in HCM City. VNS Photo Thu Hằng HCM CITY — Sunwah Group yesterday inaugurated the Sunwah Innovation Centre in HCM City, one of a series of events to celebrate its 50th anniversary in Việt Nam. It aims to make the centre a key player in the local […]
Customers use Military Bank services. MBB shares closed Monday at VNĐ20,900 per share. — Photo kinhtenongthon.vn HÀ NỘI — A group of investment funds run by Dragon Capital announced Monday it has sold one million shares of Military Bank (MBB), reducing their ownership from 5 per cent to 4.97 per cent and is no longer a […]
Made-in-Việt Nam technology products are key to the country’s digital transformation, according to experts. – Photo nhandan.com.vn HCM CITY – Indigenous technologies are key to facilitating the country’s digital transformation and the widespread adoption of technologies, according to experts. Deputy Minister of Information and Communications Phan Tâm said Vietnamese technology businesses had to be […]
The headquarters of the Việt Nam Asset Management Company (VAMC) on Hà Nội’s Hàng Vôi Street. The bank said VAMC should be developed into a centre of bad debts handling and restructuring of the credit institutions system. — Photo tinnhanhchungkhoan.vn HÀ NỘI — The State Bank of Việt Nam (SBV) proposes expanding the Việt Nam […]
A beer plant run by Sabeco (HoSE: SAB). The company shares rose 2.5 per cent on Monday. Photo courtesy of the company HÀ NỘI — Vietnamese shares lifted their performance on Monday afternoon as market sentiment remained upbeat and boosted a majority of stocks. The benchmark VN-Index on the Hồ Chí Minh Stock Exchange […]
Trần Nhất Minh, deputy CEO cum Head of Banking Technology Services of VIB. — Photo courtesy of the bank HÀ NỘI — Trần Nhất Minh, from the Vietnam International Bank (VIB) has become the first Vietnamese national to be named among the top 50 senior technology executives or CIO50 in ASEAN. The second CIO50 in […]
A Thai Vietjet plane. — Photo courtesy of the airline BANGKOK Thai Vietjet has been recognised as the fastest growing low-cost carrier of the year in Thailand by Global Business Outlook Magazine. The recognitiion highlighted Thai Vietjet’s achievements in fleet and new destination growth. Starting operations for both international and domestic services in late 2016 with only three aircraft, […]
