Central bank issues roadmap for ATM card upgrades

Under a new regulation, commercial banks will have to switch 30 per cent of their current magnetic strip ATM cards – more than 25 million in total – to chip cards by the end of this year to enhance safety and service quality.

Enhance accountability for SOEs: PM

Prime Minister Nguyễn Xuân Phúc asked accountability to be enhanced in the restructuring and divestment of State-owned enterprises (SOEs) to improve the efficiency of the process.

Trends in VN’s network safety, security

The Authority of Information Security, under Việt Nam’s Ministry of Information and Communications, has forecast five major trends in network safety and security to watch in 2019.

VN firms get opportunities in Bulgaria

The Việt Nam-Bulgaria Trade Promotion and Investment Centre opened in Hà Nội on Saturday, improving conditions for Vietnamese businesses to boost investment and exports to Bulgaria as well as accessing other EU markets.

Cement Corporation sets revenue target

Việt Nam Cement Industry Corporation (VICEM) targets a net revenue of VNĐ40 trillion (US$1.72 billion) this year, a level that would mark a year-on-year increase of 10 per cent.

Shares of Coteccons soar as foreign funds lift holdings

Shares of the construction conglomerate Cotec Construction Joint Stock Company (Coteccons), coded CTD, have recovered strongly since early November, climbing by 14 per cent after two foreign management funds announced they would increase their holdings in the company.

VN stocks up for second day

Vietnamese shares extended growth for a second day on higher investor confidence but modest trading liquidity is hindering the chance of further improvement.

High growth in 2019: Realistic or optimistic?

At the end of 2018, Việt Nam’s Gross Domestic Product (GDP) – one of the primary indicators used to gauge the health of a country’s economy – was announced by Vietnam General Statistics Office, beating forecasts made by many international institutions.

Banks must warn customers about ATM theft

The State Bank of Việt Nam (SBV) issued a new circular requiring commercial banks to regularly update customers on the theft of money from ATMs, ensuring smooth ATM operations and preventing card crime.

Nearly 40,000 flights delayed in 2018

Four domestic carriers, Vietnam Airlines, Vietjet, Jetstar Pacific and the Việt Nam Air Services Company (VASCO), reported a total of 39,632 delayed flights in 2018, representing 13.4 per cent of their flights – a year-on-year increase of one percentage point.

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