Vingroup listed in Asia’s Fab 50 2018

Property developer Vingroup was honoured by Forbes magazine in its list of Asia’s top 50 enterprises (Asia’s Fab 50 2018) on Thursday for its rapid growth, vision and high performance for many years.

Online Friday 2018 kicks off

Online Friday 2018 started at midnight and lasts for 24 hours on Friday, according to an announcement by the Ministry of Industry and Trade.

VIB finances nearly $300m for SMEs’ transactions

VIB was the only bank in Việt Nam receiving the ADB’s recognition which aims to honour leading partner banks in ADB's Trade Finance Program (TFP) during the  TFP Awards and Partners Dinner on September 4 – the first day of the Global Trade Review's annual conference in Singapore,

Deputy PM voices support for Lotte expansion

The Vietnamese Government is supportive of Lotte group’s expansion into business fields of strength, including consumer finance, Deputy Prime Minister Vương Đình Huệ assured Chairman and CEO of the Republic of Korea (RoK)’s Lotte Card Kim Chang-kwon during a reception in Hà Nội on Thursday.

Việt Nam, Russia sign various co-operation agreements

General Secretary of the Communist Party of Việt Nam (CPV)’s Central Committee Nguyễn Phú Trọng and Russian President Vladimir Putin witnessed the signing of many cooperation agreements on Thursday, within the framework of the former’s ongoing visit to Russia.

Petrol prices rise after stable two months

The retail price of biofuel E5 RON 92 rose VNĐ300 to VNĐ19,911 (85 US cent) per litre at 3pm today after two months of keeping unchanged, the Ministries of Industry and Trade and Finance announced.

Consumer finance arms race

Consumer finance companies are offering various promotions to customers, aiming to enlarge their share in an increasingly competitive market.

Customs bond aids trade: experts

A customs bond model for speeding up clearance of goods is required to deal with Việt Nam’s complicated administrative procedures and boost its competitiveness, experts told a conference on trade facilitation in HCM City September 6.

Apple reseller to open in HCMC

Việt Nam’s Imex Pan Pacific Group (IPPG) will open its apple reseller store in HCM City on September 10, according to the news website cafef.vn.

BAOOV opens new Cần Thơ office

The Association of Vietnamese Entrepreneurs Abroad (BAOOV) and the People’s Committee of Cần Thơ City will jointly speed up the establishment of BAOOV’s representative office in the Mekong Delta region’s Cần Thơ City.

VN banks have large capital needs ahead of Basel II: Fitch Ratings

The Vietnamese banking system could face a capital shortfall of almost US$20 billion – equal to 9 per cent of the country’s GDP – to meet the requirements of Basel II, scheduled for implementation on January 1, 2020, and to increase allowance coverage to a level that reflects underlying asset-quality problems, Fitch Ratings said in a report released on Wednesday.

VN Index down for fourth straight day

Việt Nam’s benchmark VN Index fell for a fourth straight session, dragged down by large-cap stocks amid investors’ worries over the market short term prospects and international trade news.

Vietjet joins int’l travel expo in HCM City

Vietjet is participating in the 14th International Travel Expo HCM City (ITE HCMC) being held from between Thursday and Saturday at the Sài Gòn Exhibition and Convention Centre.

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