Bad debt ratio among banks drops sharply to 6.7%

Việt Nam’s finance and banking sector has reduced its ratio of non-performing loans (NPLs) – including both NPLs owned by credit institutions and the Việt Nam Asset Management Company – from 17.2 per cent in 2012 to 6.7 per cent at the end of June 2018.

E-payments account for 95 percent of tax revenue

Total import-export tax revenue collected through e-payments reached VNĐ191.15 trillion (US$9.2 billion), accounting for 95 per cent of the total revenue to the State budget, from January 1, 2018 to September 5, 2018.

Binh Thuan dragon fruit promoted in India

A promotional event was held in New Delhi, India on September 25 to advertise dragon fruit from the south central province of Bình Thuận in an effort to expand ties between agricultural exporters from Việt Nam and India.

EC scraps warning against VN seafood

Việt Nam’s seafood industry hopes to get a “green card” from the European Commission soon after succeeding in its efforts to fight illegal, unreported and unregulated fishing, but fishermen’s attitudes need to be addressed, a conference heard in HCM City yesterday.

Hotels and resorts must go ’green’: experts

Hospitality property owners and developers in Việt Nam should apply green and sustainable architecture and design to respond to the effects of climate change, experts said at a hotel and resort conference which closed on September 25 in HCM City.

Kuwait, UAE eye VN goods

Kuwait and the United Arab Emirates are seeking greater trade and business collaborations with Việt Nam, their officials told a trade facilitation conference in HCM City yesterday.

Viettel Global debuts on UPCoM

Viettel Global Investment Corporation (Viettel Global) debuted on the Unlisted Public Company Market (UPCoM) on Tuesday.

Good board key to better business

International management experience is key to helping local businesses develop. That was the message experts delivered at a workshop held to help build an efficient board of directors.

 

Microfinance boasts potential in VN

With simple borrowing conditions, no need for collateral and the chance to receive capital right at home, microfinance is seen as an effective tool to enhance women’s confidence, promote their participation in business activities, increase income and escape poverty. 

Kaspersky warns on internet Balkanisation

Asian countries are vulnerable to the risk of cyber threats caused by the Balkanisation of cyber space, Russia-based global cybersecurity firm Kaspersky Lab has warned.

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