Hậu Giang, RoK link up on farm tech

The Mekong Delta province of Hậu Giang will continue working with the Republic of Korea’s (RoK) organisation for agricultural technology transfer and trade (FACT) in forming agricultural production value chains, said Trương Cảnh Tuyên, vice chairman of the provincial People’s Committee at a working session with FACT representatives and some Korean businessmen on Thursday.

Đồng Nai FDI smashes yearly target

The southern province of Đồng Nai has drawn approximately US$1.6 billion in foreign direct investment (FDI) as of October 23, 60 per cent higher than the goal of $1 billion set for this year.

HDBank’s three-quarter profits shoot up 51%

HCM City Development Joint Stock Commercial Bank (HDBank) has announced that its pre-tax profit in the first nine months of 2018 rose 50.8 per cent year on year to nearly VNĐ2.9 trillion (US$128.2 million).

HSBC Vietnam wins global award from Visa

HSBC Vietnam has received the top honour from the Visa Global Service Quality Performance Awards for having the highest international authorisation approval rate for consumer credit in 2017.

Year’s 3rd Vietbuild opens in HCM City

The latest products and services in housing, architecture and interior and exterior decoration are on display at the Vietbuild International Exhibition that opened in HCM City yesterday (October 25).

Hefty fine raises currency issue

Though regulations against exchanging foreign currency at unlicensed outlets have existed since 2014, many people are not aware of the rules.

Demand for VN seafood on the rise

The domestic fishing industry should promote production of tra fish and shrimp by the end of this year to take advantage of the export potential of both commodities on the word market, according to the Ministry of Agriculture and Rural Development (MARD).

Vinfast, PV Oil ink deal on charging stations

Việt Nam’s first car manufacturer VinFast and Vietnam Oil Corporation (PV Oil) on Thursday signed a Memorandum of Understanding (MoU) on implementing charging stations and leasing batteries for electronic vehicles.

MoIT wants to cut tax for locally produced auto parts

The Ministry of Industry and Trade (MoIT) wants to take advantage of market and policy opportunities to promote automobile manufacturing projects of domestic automakers including Trường Hải Auto Corporation (Thaco), Thành Công Group and VinFast.

Banks jump into the e-wallet business

More and more banks are entering the e-wallet business as they see huge growth potential in the wake of the Government’s plan to reduce cash payments to below 10 per cent of all transactions by 2020.

Techcombank posts 61 per cent pre-tax profit hike

The Việt Nam Technological and Commercial Joint Stock Bank (Techcombank)’s pre-tax profits hit VNĐ7.77 trillion (US$332.9 million) in the first nine months of the year, posting 61 per cent increase over the same period last year.

Big cities should be financial hubs

The Government should develop Hà Nội and HCM City into financial centres as local businesses lack capital markets, National Assembly (NA) deputy Phạm Phú Quốc said on Tuesday.

VN exporters could benefit from US-China spat

With the US-China trade war escalating, Việt Nam may be able to increase exports of items like furniture, agricultural products, and leather products to the US, a conference heard in HCM City yesterday.

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