Việt Nam News

Indigenous technologies are key to facilitating the country’s digital transformation and the widespread adoption of technologies, according to experts.

The State Bank of Việt Nam (SBV) proposes expanding The Việt Nam Asset Management Company (VAMC) operations, saying the agency should purchase and sell bad debts and assets of all sectors in the economy.

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 major shareholder of the Bank.

Vietnamese shares lifted their performance on Monday afternoon as market sentiment remained upbeat and boosted a majority of stocks.

The second CIO50 in ASEAN was run by IDG this year to recognise the top 50 senior technology executives driving innovation, strengthening resiliency and influencing rapid change.

Việt Nam has carried out digital transformation programmes for enterprises and dialogues between companies and senior leaders of ASEAN countries to turn the bloc into a hub for innovative and sustainable start-up development.

Việt Nam posted a trade surplus of US$20.1 billion in the first 11 months of this year, the highest on record, despite the adverse impacts of the COVID-19 pandemic on the global economy, according to the General Statistics Office (GSO).

Vietnam Electricity (EVN) signed various Memoranda of Understanding (MoU) on Sunday with investors of power projects in Laos to develop and purchase electricity from the neighbouring country in the time ahead.

The recognition highlighted Thai Vietjet’s achievements in fleet and new destination growth.

Top Vietnamese internet company, VNG Corporation, is eyeing new fintech solution partners at Enterprise Singapore (ESG)’s inaugural Southeast Asian Open Innovation Challenge at the Singapore Week of Innovation and Technology 2020 (SWITCH 2020) from December 7 to 11.

BCG Energy, a subsidiary of Bamboo Capital Group, and Leader Energy Pte Limited, an energy corporation headquartered in Singapore, signed an agreement on investment and co-development in renewable energy on Saturday.

The Ho Chi Minh City Development Commercial Joint Stock Bank (HOSE: HDB) has been named among the Top 10 Large Cap Companies with Outstanding Annual Reports at the 2020 Việt Nam Listed Companies Awards organised by the Ho Chi Minh Stock Exchange, Hanoi Stock Exchange and Investment Review newspaper.

Việt Nam's shrimp exports to the EU recovered from the beginning of the third quarter of this year thanks to the positive impact of the EVFTA, according to the Việt Nam Association of Seafood Exporters and Producers (VASEP).

Companies in the supporting industry will get an interest rate subsidy from next year in an effort to promote the development of the part-supply industry, said Phạm Tuấn Anh, Deputy Director of Industry Agency under the Ministry of Industry and Trade.

The exhibition industry is expected to start recovering by the middle of next year and rebound in 2022 if the Covid-19 pandemic is brought under control in the next few months, industry insiders said.

The Cửu Long (Mekong) Delta has recently attracted many large projects worth trillions to tens of trillions of đồng, which are promoting economic development there.

Việt Nam’s largest rubber corporation logged a total of VNĐ9.28 trillion (nearly US$400 million) from leasing its properties to companies, ndh.vn reported.

The HCM City Department of Industry and Trade has proposed a project to develop logistics from now through 2025 under which seven logistic centres will be set up and the city’s infrastructure overhauled.