The bank will issue bonus shares at a rate of 10 per cent in the third or fourth quarter of the year to raise capital.
Some credit institutions (CIs) that have not yet completed their restructuring roadmap will have to speed up to meet the State Bank of Việt Nam (SBV)’s deadline this year.
Việt Nam may take a global lead in rice exports for the year 2020, said Minister of Industry and Trade Trần Tuấn Anh in a report to the National Assembly on Monday.
The bourse switch will allow UPCoM companies to raise capital to finance their investment projects
KIDO Group will return to its core business of confectionery from the third quarter of this year, it was announced at its annual general meeting in HCM City on Monday.
Shares suffered a steep fall on Monday as fears mounted that the global coronavirus pandemic could return in a second wave infections.
With the success of traditional clay bricks made in a European supply chain, Gốm Đất Việt (Vietnamese Pottery) Company set six Vietnamese records. The award ceremony took place on Sunday in the northern province of Quảng Ninh.
The PetroVietnam Power Corporation (PV Power) has approved an investment plan to build Nhơn Trạch 3 and 4 thermal power plants with combined capacity of between 1,300-1,760 MW.
Nguyễn Tử Quảng, CEO of Bkav Technology Group, revealed a ventilator designed by Bkav and doctors at the National Hospital for Tropical Diseases on June 15.
During the peak of the pandemic in Viet Nam, while many industries had almost no revenue, the food and health care sector still grew with high revenue.
Non-cash payments have increased sharply in recent time in Việt Nam, but more efforts are needed to increase their rate, a conference heard in HCM City last week.
The latest addition has extended Thai Vietjet’s domestic flight network to 12 domestic routes, connecting 11 destinations in Thailand in order to bring more chance for people and tourists to benefit tourism and trade in Thailand.
The use of barcodes is an indispensable condition and a challenge when participating in global e-commerce.
At Sacombank’s annual general meeting held on June 5 its permanent vice chairman Phạm Văn Phong said that in 2019 the bank’s pre-tax profit increased by 43.2 per cent to VNĐ3.2 trillion (US$137.5 million), which was 21.4 per cent above the target.
Shrimp exports and prices in Cà Mau Province are showing signs of recovery after being heavily affected by COVID-19.
Việt Nam will emerge from the pandemic the least affected of all countries in Southeast Asia, though it is not immune to the sharp slowdown in trade flows, according to a report by the Institute of Chartered Accountants in England and Wales and Oxford Economics.
Experts have forecast a tough time ahead for the domestic retail, with many store owners struggling to pay rent after being hit hard by the COVID-19 pandemic.
Amidst pressure from international stocks, individual investors are the most vulnerable due to lack of experience and information