Việt Nam News

As part of a global trend, cooperation between commercial banks and insurance companies to supply banks’ clients with insurance policies through the banking system has been positively promoted by the banking system themselves, thus creating a new sales channel for insurance policies in a professional, convenient and reliable manner.

The Prime Minister recently issued a decision outlining solutions for loss-making projects under the management of the Ministry of Industry and Trade. The aim is to turn them into efficient projects by 2020, at the latest, or let them be dissolved.

On September 13 Samsung launched its mobile payment service, "Samsung Pay", in partnership with the National Payment Corporation of Việt Nam (NAPAS). Like Samsung, Apple also plans to bring its digital wallet, "Apple Pay", to Việt Nam soon.

The export of wood and timber products is forecast to bring in US$8 billion in 2017, posting a 17 per cent year-on-year increase and surpassing the target of $7-7.5 billion set earlier this year.

Forbes updated the net worth of Phạm Nhật Vượng, founder and chairman of Vingroup, one of Việt Nam’s largest conglomerates, at US$3.4 billion as of Tuesday.

Vietnamese telecom operators reported a big gain in the first nine months of this year.

Việt Nam wants to join global supply chains and management and governance systems to help businesses control the market, build confidence among customers and increase profits and connectivity with global partners, Deputy Minister of Industry and Trade (MoIT) Đỗ Thắng Hải said.

Smart travel is being promoted to improve tourism throughout Việt Nam.

Prime Minister Nguyễn Xuân Phúc has vowed that Việt Nam always supports and creates optimal conditions for foreign investors, including Samsung, to run their businesses in Việt Nam.

Shares rose on the HCM Stock Exchange on Friday, led by banks but liquidity remained low on weak market sentiment.

A number of companies which left the stock market several years ago have returned and traded on the Unlisted Public Company Market (UPCoM) on the Hà Nội Stock Exchange.

The central coastal region of Việt Nam has significant untapped potential as well as investment opportunities for Thai investors, speakers at a conference in Bangkok said on Friday.

Pork without identification rings to trace their origin will be banned from HCMC City’s Bình Điền and Hóc Môn wholesale markets from October 16, according to the city People’s Committee.

Salary increases this year at both multinationals and major local companies have in general been higher than inflation rates, a survey by Mercer, a global provider of human resource services, and Talentnet Corporation, its associate in Việt Nam, has found.

The 13rd ASEAN CIO/CSO Awards 2017 honoured 26 leading Chief Information Officers (CIOs) and Chief Strategy Officers (CSOs) with outstanding contributions on information technology (IT) and information security in Việt Nam and Southeast Asia on Friday in Hà Nội.

Việt Nam should promote information technology (IT) products and services with high added value capable of deployment on a regional and global scale, said Deputy Minister of Information and Communication Technology Nguyễn Thành Hưng in the northern province of Lào Cai on Friday.

Improved public assets management has helped prevent losses, waste, corruption and other acts of infringement, experts said at a conference yesterday.

They also said that it has facilitated rational and effective exploitation of public assets and contributed to socio-economic development.

The government has decided to establish a board for private economic development research (IV Board).