Prudential revenue rises 20 per cent

Prudential Vietnam reported revenues from insurance operations of VNĐ16.019 trillion (US$702.58 million) last year, an increase of 20 per cent, and annual premium equivalent of VNĐ3.924 trillion, an increase of 12 per cent.

Central bank raises reference exchange rate

State Bank of Việt Nam on April 18 raised the daily reference exchange rate by five Vietnamese đồng from the previous day, setting it at VNĐ22,482 per US dollar. 

MoMo top 3 electronic wallet, poll finds

MoMo, Samsung Pay and BankPlus in that order have been voted the most popular electronic wallets in Việt Nam in a poll done by Nhịp Cầu Đầu Tư (Investment Bridge) magazine.

VN firms to exploit Malaysia opportunities

Many Vietnamese firms are set to participate in the 2018 Selangor International Summit in Malaysia to exchange information and seek business opportunities, a meeting heard in HCM City on April 16.

Prudential wins Golden Dragon Award

Prudential Vietnam has been honoured as “Việt Nam’s Leading Life Insurance Company” and the only insurance company in the “Top 10 foreign-invested enterprises in Việt Nam” at the annual Golden Dragon Awards.

Vietbank targets $13.1m in gross profit

The Việt Nam Thương Tín Commercial Joint Stock Bank (Vietbank) targets pre-tax profits of VNĐ300 billion (US$13.1 million) this year and plans to increase its charter capital by over VNĐ1 trillion ($43.8 million).

Nam Thuận Phát ties up with global firms

Nam Thuận Phát Group, an electrical and mechanical engineering and metal works contractor, signed agreements on April 12 with five local and foreign partners for promoting its brand and expanding production scale.

Lotte Mart eyes ties with local firms

Lotte Mart and over 80 HCM City-based producers and businesses discussed opportunities for tie-ups at a conference the Korean retailer held in HCM City yesterday.

US networker holds roadshow in HCM City

US enterprise networking company Panduit held a roadshow in HCM City on April 10 and 11 to introduce its physical network infrastructure and connectivity solutions.

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