The insurance industry aims to maintain a high growth rate of 18.42 per cent this year, gaining revenue of VNĐ188.73 trillion (US$8.1 billion), according to the Ministry of Finance’s Insurance Supervisory Authority (ISA).
An economics expert has said e-wallet firms are breaking out promotions to try and win large chunks of the high potential market in Viet Nam.
Lower-than-expected export revenue last year showed the industry was facing problems in participating more deeply in the global value chain and expanding exports to niche markets.
The Ho Chi Minh Stock Exchange (HOSE) has announced the list of 10 leading securities companies last year, with SSI Securities Incorporation topping it with a 13.96 per cent market share.
The HCM City Development Joint Stock Commercial Bank, formally known as HDBank, has achieved great success after 30 years of development, contributing to the city’s socio-economic development, a banking official has said.
Việt Nam’s stock market fell on Wednesday in line with global markets on increasing investor caution over conflict between the US and Iran.
The Southern Key Economic Zone needs specially tailored policies to attract large amounts of foreign direct investment and improve linkages between localities to ensure sustainable development, experts have said.
The Government has approved the Đà Nẵng Information Technology Park (DITP) as a centralised information technology (CIT) zone following Prime Minister Nguyễn Xuân Phúc’s decision signed on January 6.
With 50 five-star hotels and 68 four-star hotels being built last year, the luxury segment now has 466 hotels with 97,098 rooms, according to a report released by the Việt Nam National Administration of Tourism.
The Housing and Urban Development Corporation and the Vietnam National Cement Corporation will have to complete equitisation plans in 2020.
The Ministry of Industry and Trade has approved Vietnam Electricity (EVN)’s proposal to continue buying power from rooftop solar power projects.
The HCM City Infrastructure Investment JSC (CII) has settled nearly VNĐ903 billion (US$40 million) worth of convertible bonds.
Việt Nam needs a “revolution in its policy-making mind-set” before it can take advantage of the fourth industrial revolution, said Phạm Xuân Hòe from the Banking Strategy Institute, at a forum in Hà Nội yesterday.
Three large-cap companies that debuted on the Hồ Chí Minh Stock Exchange (HoSE) in 2019 saw their shares beaten by the benchmark VN-Index at the end of the year.
Việt Nam’s GDP growth would reach 6.8 per cent from the 7.02 per cent posted in 2019, mainly due to a slowdown in the industrial sector, analysts from Fitch Solutions forecast.
The first UNIQLO store in Hà Nội will be located at Vincom Phạm Ngọc Thạch in Đống Đa District.
Authorities in the province of Khánh Hòa plan to improve the quality and performance of businesses in the private sector, striving to have 30,000 businesses by 2025 and 35,000 by 2030.
The State Bank of Vietnam’s HCM City office has taken measures to ensure workers get their salaries and bonuses paid smoothly before Tết (the Lunar New Year) and ATMs work without a hitch during the holidays, which begin on January 24.