Enterprises in HCM City receive credit disbursement, but rates remain high

Overseas Vietnamese continue to find VN real estate market irresistible

In recent years remittances to the country had increased sharply, with a lot of the money going into the real estate market.

Benefits of a strong đồng

The State Bank of Việt Nam’s reference exchange rate for the US dollar fell by 0.1 per cent at the end of 2020.

Business Beat

Mobile money set to further grow cashless payment services

Military-owned Viettel Group, one of Việt Nam’s leading digital telecom firms, has made preparations to trial mobile money services.

Business Beat

Private banks hold the upper hand thanks to its readiness to invest into risky segment

The five banks with the highest return on asset and the return on equity in 2020 were all private ones.

Business Beat

Fishery exporters take pandemic in their stride

Việt Nam’s seafood exports this year are expected to be worth US$9.4 billion in all, an increase of 10 per cent from 2020.

Business Beat

How grocery stores can keep their edge over retail chains

Despite being on the same street as three convenience stores, the grocery store owned by Nguyễn Ngọc Dung on Yên Thế Street in HCM City’s Tân Bình District is always crowded, especially during peak hours.

Business Beat

Online gaming industry targets $1 billion revenue

The online game market has become red hot due to a phenomenon that many domestic mobile game publishers have launched their A games at the same time.

Business Beat

More efforts needed to realise VN’s huge cloud computing potential: analysts

According to Viettel IDC, the Vietnamese cloud computing market is worth around US$133 million and is expected to grow to $500 million by 2025.

Business Beat

Experts tell Govt: Foster domestic virtual banks before foreign invasion

BUSINESS BEAT

Business Beat

Power firms seek foreign funding as loans become expensive, hard to get

The quickest and most effective way to raise funding for power projects is to enter into an alliance with foreign investors, Nguyễn Anh Tuấn, general director of Phú Yên TTP Joint Stock Company, said.

Business Beat

New tax policy for ride-hailing services sets off storm

Earlier this month the Government’s amendment of tax regulations for ride-hailing services, which increases the tax they actually pay, was a topic of hot debate in the media.

Business Beat

Consumer finance companies remain attractive acquisition targets

A spokesperson for FE Credit Consumer Finance Company said the Covid-19 pandemic had somewhat affected the company’s business but the price of its stock would not change thanks to its advantages and the market’s great potential.

Business Beat

Hotel owners sell out to stave off bankruptcy

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Business Beat

Foreign investors increasingly drawn to VN education sector

According to the General Statistics Office, foreign investment as of October 20 was US$23.48 billion, equivalent to less than 81 per cent of the figure for the same period last year.

Business Beat

Development of coastal urban areas : a hot trend

“Coastal urban area” is a phrase that is appearing increasingly in the print and electronic media.

Business Beat

Does Việt Nam need more airports? The debate continues

The Government Office has asked the Ministry of Transport to consider a proposal by Ninh Thuận Province to use a military airport also for commercial purposes.

Business Beat

Investors see agricultural processing sector as ripe for plucking

BUSINESS BEAT

Business Beat

Experts unhappy with cement exports, but industry says unavoidable

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Business Beat

Trade deal expected to stimulate Vietnamese coffee exports to EU

BUSINESS BEAT

Business Beat

Samsung eyes conversion into export processing firm

The Hồ Chí Minh City People’s Committee has this month submitted a proposal to the Government seeking approval for Samsung CE Complex Electronics Co. Ltd (SEHC Company) to convert into an export processing enterprise.