Interest expense in the first 6 months of this year increased by 47 per cent year on year, despite efforts from regulators to lower interest rates.
Land valuation has been said to be a major bottleneck in Việt Nam's socio-economic development, said Deputy Prime Minister Trần Hồng Hà during a government meeting on Monday.
Lower interest rates are supporting the two markets. The missing piece of the puzzle is investor confidence.
Stronger selling force after recent rallies and foreign capital outflow were weighed on the market.
PetroVietNam Technical Service Corporation and Bà Rịa-Vũng Tàu signed a memorandum of understanding on the supply chain of production material (steel) for offshore renewable energy projects.
Starting August 7, Napas cardholders will be able to utilise the Mobile Banking application to perform interbank cash withdrawals from ATMs by scanning the VietQR code, eliminating the need for a physical card.
Sacombank has for a third straight year been recognised as one of the “Best Companies to Work for in Asia” and also won a special HR Asia Digital Transformation Award at the recent HR Asia Awards.
Vietjet said the route will be launched from November 21, 2023 with the frequency of two return flights per week.
The digital payment system, Apple Pay, developed by Apple, has expanded its reach to Việt Nam, making it the third nation in Southeast Asia to support this service, following Malaysia and Singapore
OCOP, implemented in 2018, is a national programme that seeks to facilitate the development of regional agricultural specialties and rural tourism. The country has a total of 8,689 OCOP products recognised as 3-star standard.
Demand for electricity is expected to continue to rise rapidly as the country’s economic growth regains momentum in the near future.
Local electronics producers stayed on the sidelines when global heavyweights moved their facilities to Việt Nam and outsourced their production.
The proposed changes in the ownership ratio have raised concerns in the banking system, as they fear they may hamper economic growth.
If conditions allowed, prices of several goods and services under the State management could be adjusted following the roadmap at the appropriate points of time.
New documents provide regulations on criteria and methods for assessing money laundering risks of reporting entities.
Shares had a good start on Monday thanks to increased demand toward the end of the trading session.
Japan wants to collaborate with Việt Nam to establish industrial cooperation strategies in line with the development goals of both nations in the new era.
The 10 banks honoured in 2023 are Vietcombank, VietinBank, Techcombank, BIDV, Military Bank, VPBank, ACB, AgriBank, TPBank, and VIB.
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