Foreign investors have poured into Việt Nam’s e-wallet sector as they huge growth potential in the market in the wake of the Government’s plan to reduce cash payments to below 10 per cent of the total by 2020.
The State Bank of Việt Nam (SBV) has said it would continue allocating credit growth limits for commercial bank this year to match the 14 per cent growth target set for the entire banking sector.
Brand building and a focus on quality and innovation are key for a successful agriculture business, experts said during a panel on agricultural businesses’ competitiveness.
The northern mountainous
Shares were mixed at closing on Monday, higher on the HCM City Exchange but lower on the northern bourse, experiencing strong volatility with big variation in large-caps’ prices.
The Hà Nội Stock Exchange (HNX) has announced an additional 17 shares subject to alert, supervision and trading suspension.
The Governor of the State Bank of Việt Nam (SBV) has issued a document requesting its branches in provinces and cities to improve the operation of financial companies, complying with the regulations and ensuring the legitimate interests of customers.
The National Office of Intellectual Property of Việt Nam on Saturday granted a trademark protection certificate for Sơn Tra, or H’mông, apple (scientific name docynia indica) in northern mountainous Sơn La province’s Bắc Yên District.
Outstanding performance of financial-banking and petroleum stocks that helped Việt Nam’s benchmark VN-Index re-take the 1,000-point level is expected to continue in the last week of September despite some caution about the US central bank’s Fed meeting on raising interest rates.
Việt Nam is quickly emerging as a top global travel destination and a key focus market for international hotel groups.
Around 100 officials representing State agencies, hotel and resort developers, design and architecture firms, and solution providers from around the world are gathering today in HCM City for the Second Annual Global Hotels and Resorts conference.
With its still huge untapped potential, the Vietnamese hospitality market has become a hot destination for many local and foreign investors. Việt Nam News reporters Thu Ngân and Vũ Hoa spoke with experts from consultancy and companies to ask about the potential of the market, foreign investment flows and how to develop it further.
Việt Nam has experienced unprecedented growth in the hospitality sector. Most hotels and resorts have high occupancy rates and construction of many new ones is underway. Việt Nam News reporter Thu Hằng asks Ken Atkinson, executive chairman of Grant Thornton Vietnam Ltd. and vice chairman of the Việt Nam Tourism Advisory Board, about how hotel and real estate developers can grab the opportunities arising in the hospitality and travel markets.
The rapid and stable growth of tourism has become a magnet for tourism property projects in the central city of Đà Nẵng over the past decade, and revenue from the ‘green’ industry contributed nearly 30 per cent of the tourism hub’s Gross Regional Domestic Product (GRDP) in 2017.
The HCM City People’s Committee has asked agencies to strictly punish real estate brokers and land owners who spread rumours about possible construction or major property projects near their land lots.
The Vietnamese Goods Fair kicked off in Hà Nội on September 22, featuring 300 stalls by 200 firms from Hà Nội, Bắc Kạn, Tuyên Quang, Quảng Trị, Hưng Yên and Bắc Giang.
The Ministry of Industry and Trade (MoIT) proposed removing two plants from the list of 12 enterprises punished for low effectiveness and progress.
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