Viet Capital Securities reports outstanding growth last year. — Photo courtesy of VCSC HCM CITY — Viet Capital Securities’ net revenues increased by 12 per cent last year to VNĐ1.73 trillion (US$75.02 million) and were 25 per cent above the target it had set for itself.  Profit after tax was VNĐ769 billion ($33.34 million), […]

  Việt Nam had the ninth highest remittances in the world last year of US$15.7 billion.  — Photo tapchitaichinh.vn HCM CITY — Inward remittances to Việt Nam topped US$15.7 billion last year, the ninth highest in the world. While globally remittances decreased by 7 per cent last year due to COVID-19 according to the World Bank, Việt Nam […]

A customer performs a transaction at an MBBank transaction office. Photo MBBank HÀ NỘI — Bảo Minh Securities Corporation (BMI) has registered to sell all of its shares in Military Commercial Joint Stock Bank (MBB), according to an announcement from the Hồ Chí Minh Stock Exchange (HoSE). BMI is holding 1.242 million shares of MMB. The trading […]

VPBank (VPB) has positive results in the fourth quarter of last year.— Photo VPBank  HÀ NỘI — Among companies that released fourth quarter results, many banks ended the year on a positive note.  With the growth of credit services, Vietcombank (VCB)’s profit surged in the fourth quarter of 2020 despite a double increase in cost contingency.  […]

The US is one of the leading economic and trade partners and the largest export market of Việt Nam.— VNA/VNS Photo HÀ NỘI — Local exporters need to proactively identify risks and work closely with state management agencies to respond to trade remedies in the increasingly complicated imported markets, especially the US, which tended to […]

  Customers buy KIDO products at a supermarket in HCM City. — Photo Courtesy KIDO Group HCM CITY — KIDO Group has reported growth of nearly 48 per cent in net profit to VNĐ418 billion (US$18.2 million) for 2020. Revenues were over VNĐ8.3 trillion. Declaring its business results, the company said 2020 had been a very challenging […]

  An EHL campus. The company is co-operating with Cityland Education to train human resources for the hospitality sector. — Photo Courtesy of CityLand Education HCM CITY — Việt Nam’s Cityland Education on Thursday signed an agreement with EHL Advisory Services to become the EHL Licensed Centre’s vocational education and training (VET) licensing centre to train service-minded hospitality professionals. The VET by EHL programme is a blended skills training model based on […]

  Smuggling and trade fraud are on the rise ahead of Tết, which falls on February 12. —VNA/VNS Photo. HCM CITY – Officers tasked with preventing fake goods, trade fraud and smuggling in HCM City and southern border provinces have been forced to work hard ahead of Tết (Lunar New Year), which falls on February 12 this year. Last […]

Cloud computing will be the main orientation of the country to focus on in the coming time. — Photo vicloud.vn HÀ NỘI — The Ministry of Information and Communications has determined that the cloud computing platform is a key part of telecommunications infrastructure to focus on in the coming years. The ministry has also defined cloud […]

  The profit growth of banks this year is forecast at about 10 per cent against 20-25 per cent in recent years mainly due to the requirement to make provisions on COVID-19 affected loans. Photo zing.vn HÀ NỘI — Banks will have to set aside money for potentially unrecoverable COVID-19 affected loans from this year, according to an […]

  The HCM City People’s Committee on January 21 presented the HCM City Golden Brand Award to 30 enterprises for their outstanding achievements in building and developing brands for products and services. VNS Photo Đình Lý HCM CITY— Thirty enterprises on January 21 received the HCM City Golden Brand Award from the city People’s Committee for their outstanding achievements in […]

An FPT Shop laptop centre in Hà Nội. — VNS Photo HÀ NỘI — FPT Shop opened 30 laptop centres across the country on Friday. The COVID-19 pandemic made a large number of consumers buy laptops to work from home, resulting in growth of 20-30 per cent of the whole sector last year, according to Nguyễn Thế Kha, […]

The National Cyber Security Centre (NCSC). — Photo Vietnam+ The National Cyber Security Centre (NCSC) under the Authority of Information Security, Ministry of Information and Communications, recently announced 10 outstanding events for Vietnamese cybersecurity in 2020 1. Ensuring cybersecurity for major international events hosted by Việt Nam Last year was a very special year for […]

  SSI Securities Corporation reported strong growth last year, with pre-tax profits growing by 54.4 per cent to nearly VNĐ1.56 trillion (US$67.57 million) and income by 43.4 per cent to VNĐ4.528 trillion ($195.5 million). HCM CITY — SSI Securities Corporation reported strong growth last year, with pre-tax profits growing by 54.4 per cent to nearly […]

A trader looks at trading screens. The HoSE excluded three stocks from the VN30 basket for January 2021. VNA/VNS Photo HÀ NỘI — The Hồ Chí Minh Stock Exchange (HoSE) just announced the latest update to the VN30-Index, VNDiamond Index and VNFinLead Index for January 2021. For the VN30-Index, the HoSE eliminated FLC Faros Construction Joint Stock Company (ROS), […]

  An overview of FLC Luxury Hotel Quy Nhơn in Bình Định Province – one of the projects for which FLC Faros Construction Corporation (ROS) is the main contractor. ROS rose 7 per cent on Friday. —  Photo courtesy of ROS HÀ NỘI — Vietnamese shares managed to maintain their rally on Friday but the […]

  A Vietjet plane lands at Nội Bài International Airport in Hà Nội.— Photo courtesy of Vietjet HCM CITY – Vietjet has been recognised as the low-cost carrier of the year and the belly carrier of the year for its outstanding cargo transport in 2020 by Payload Asia – an international magazine for the air freight industry. “Vietjet wins the double awards this […]

  Sacombank achieved all the targets it listed at its annual general meeting last year despite many difficulties last year due to the Covid-19 pandemic. — Photo courtesy of Sacombank HCM CITY — Despite many difficulties last year due to the Covid-19 pandemic, Sacombank achieved all the targets it listed at its annual general meeting […]

  A firm introduces digital transformation solutions on the sidelines of the conference. More than 3,000 enterprises have sought the Government’s support for digital transformation since early December. VNA/VNS Mỹ Phương HCM CITY — More than 3,000 enterprises have sought the Government’s support for digital transformation since early December, showing the great demand from Vietnamese businesses to […]

Visitors at Nguyễn Huệ pedestrian street in downtown HCM City. — VNA/VNS Photo Ngọc Hà HCM CITY — Given Việt Nam’s successful control of COVID-19, experts in tourism and hospitality have predicted a positive outlook for Việt Nam’s tourism post-COVID crisis. Upcoming opportunities include investing in domestic travel, new tourism products, high-quality human resources, digitalisation in tourism, and infrastructure to help […]