Việt Nam News

VPBank had the lowest cost-income-ratio in the banking system in mid-2022, at 20.6 per cent. It also took the lead in terms of return-on-assets and return-on-equity, with 3.5 per cent and 23.4 per cent respectively. 

Specific regulations to select contractors providing goods and services for petroleum activities should be built to create a fair competition for contractors, according to industry insiders.

More than 200 business executives and technology leaders attended a forum titled ‘Transform Tomorrow, Today’ in HCM City on Tuesday.

Cashew nuts shells were once believed to be good for nothing and regarded as waste, but the circular economy model has changed everything, turning the waste into big cash spinner.

Gemadept, promoting investment in the Nam Đình Vũ project phase 2 to put into operation from the first quarter of 2023, has had positive results in the last nine months but is concerned about the next period.

Local and foreign experts weighed up the benefits of investing in small airports, and whether such plans could help local economies grow.

During the nine-month period, VIB reported a total revenue of over VNĐ13.3 trillion, up 29 per cent year-on-year.

The Vietnamese Government will continue to support the AES Corporation's projects to ensure their sustainable successes and effectiveness, PM Chính told a visiting executive from the US-based AES Corporation.

Vietnamese shares lost ground in a volatile session on Tuesday as bargain hunting demand failed to rescue market from collapse, ravaged by continued and massive selling force.

HDBank subsidiary HD SAISON Finance Company Limited and a finance company owned by VPBank have signed an agreement with the Vietnam General Confederation of Labour to provide loans of VNĐ20 trillion (US$836.6 million) to workers at industrial parks around the country.

Investors should wait until a resolution about wind measurement, monitoring and geological and topographical surveys is issued.

HCM City is taking a number of measures to resolve the problems faced by the logistics sector such as poor infrastructure and lack of skilled human resources, according to its government.

Việt Nam's special consumption taxes on gasoline remains at 10 per cent (8 per cent for E5 and 7 per cent for E10). 

Đà Nẵng and military-owned telecommunications group Viettel have inked a memorandum of understanding (MoU) on digital transformation in economy, education, healthcare, tourism, trade and industry, agriculture and e-Government in 2022-30.

Long An Province has been supporting domestic and foreign enterprises to invest in the province as well as improving its investment climate throughout its new normal period.

The management level of large enterprises in Việt Nam is still very low, compared with countries such as Singapore, Philippines, Malaysia, Indonesia, Thailand, according to VCCI.

The businesses contribute more than 20 per cent of the national budget collection annually, and take the lead in social welfare.

PM Chính delivered remarks at a programme marking the National Digital Transformation Day in Hà Nội on Monday.