Among some 20 commercial banks in the country, 18 have completed requirements for Basel II, a set of recommendations on banking laws and regulations issued by the Basel Committee on Banking Supervision.
The human aspect is crucial in digitisation projects and requires systematic thinking, ability to accept change, and learning and team working capability, experts say.
Bến Tre is the 'land of coconuts' with an output of 550 million fruits per year. It is also the home of many other agricultural and aquacultural products that have made their way to demanding markets.
State Bank of Vietnam has lifted caps on credit growth to boost credit to the economy as firms need bank loans to scale up production towards year-end.
Despite its great potential for growth, poor transport infrastructure and high costs are holding back the logistics industry, insiders said.
Vietnamese stocks fell on Thursday on record low liquidity as many investors were hesitant to jump on board although there is a decline in stock valuations.
The first-ever research project on stem cells in Đà Nẵng and the central region has been given approval from Đà Nẵng Hi-Tech Park and Industrial Zones Authorities, making a crucial step in turning the city into a centre of biological research.
Because of the market's difficulties, several petroleum retail businesses have been closed or temporarily suspended their operation in different parts of Việt Nam.
The energy transition brings many opportunities for industries, but it also poses great challenges, particular in fossil fuel extraction and processing, according to industry insiders.
Some 300 local and international exhibitors are introducing a wide range of products at the HCM City International Exhibition of Food and Beverages both onsite and online until October 22.
The Vietnam Blockchain Summit 2022 begin yesterday in the capital city of Hà Nội. The event reflects the Southeast Asian economy's enthusiasm for the adoption of cutting-edge technologies and the pursuit of innovation to spur national socio-economic development.
Adjusting export tax rates on fertilisers was put into consideration in light of the fact that prices of fertilisers on the global and domestic market kept increasing rapidly.
Achieving the growth target this year is within reach as the foundation for growth remains. Along with that, the economic recovery package will be strongly implemented in the last quarter in the context that agriculture, service and manufacturing industries still have plenty of room for growth.
The management of the quality and safety of agricultural products is the responsibility of local authorities and business operators during the entire process from production to consumption, said Minister of Agriculture and Rural Development Lê Minh Hoan.
The benchmark VN-Index on the Hồ Chí Minh Stock Exchange (HoSE) reversed the previous trade's course to close lower yesterday.
FPT Digital, a part of FPT Corporation, specialising in providing consulting services on digital transformation roadmaps for businesses, will play a key role in implementing this project.
When they need capital, the majority of women-owned SMEs first seek a bank loan as a safe and reliable source, according to the Asian Development Bank (ADB).
Most firms in supporting industries admit having no advantages in terms of adaptability, R&D, managerial systems and operational strategy, exposing the need for more favourable policies to improve their position.
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