Jewellers seek better loans for 2018

The Saigon Jewellery Association (SJA) will continue to call on the State Bank of Việt Nam to make it easier for jewellery businesses, who seek to invest in upgrading their production and trading technology, in accessing bank loans, its chairman said.

Banks scramble to sell assets to recover bad debts

Since Vietnam Asset Management Company (VAMC) seized Sài Gòn One Tower using the authority conferred on it by Resolution 42 on settling bad debts, several banks have followed suit and offered mortgaged assets for sale to help pay their bad debts.

Thaco opens smart truck, bus showroom

The Trường Hải Automobile joint-stock company (Thaco) officially inaugurated its first country’s smart truck and bus showroom and service centre in the central city, offering convenient facilities for customers in the central region.

Trade fair displays local goods

The event is described as a good opportunity for participated firms to advertise their trademarks and introduce their goods to local customers in order to boost the provincial trade turnover, organiers said.

Blockchain tech may open new era

Blockchain, a new technology to help explore the various forms of crypto-currencies, could open up new attractive environment for all businesses and investors, said Nguyễn Đức Cường, head of consultancy division at Vietstock – a local financial-business media.

Bank stocks expected to drive up market

Vietnamese stocks are expected to rise further on expectations of positive corporate earnings reports from the financial-banking sector and a strong inflow of foreign investment, analysts say.

Forestry, wood exports to top $9b

The country’s exports of forestry product are expected to top US$9 billion this year, with wood and wooden products accounting for $8.5-8.7 billion, according to the Handicraft and Wood Industry Association of HCM City (Hawa).

IT sector needs more tech exchanges

Creating a market to connect demand and supply of technological products will help develop the technology industry, according to experts.

4 investors eye GENCO 3

Four foreign investors from India, Thailand, South Korea and the Middle East registered to buy 36 per cent of the charter capital at the Power Generation Corporation 3 (Genco 3) to become its strategic investors.
 

Vinamilk set to expand abroad

Dairy giant Vinamilk will continue to expand abroad, especially in emerging market like Laos and Myanmar, this year.

HCMC needs IT system for natural resources

With mega cities like HCM City facing rapid urbanisation, economic constraints and sustainability issues, promoting the use of information technology and ensuring network security are key tasks, a seminar heard in HCM City yesterday.

 

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