Competition among banks to lure demand deposits is becoming fiercer as the cheap capital source helps banks increase their net interest income (NIM) ratio.
Despite facing difficulties due to the COVID-19 pandemic, seafood exports last year were estimated at US$8.58 billion, the same as in 2019.
Da Nang authorities are building a detailed plan for the city's first international duty-free zone and smart urban area for investors, with construction set to commence soon as the Import-Export Pan Pacific Group (IPPG) has asked the city to allocate land for the project.
The bilateral and multilateral free trade agreements between Việt Nam and other countries such as the EU- Việt Nam and the UK-Việt Nam FTAs with preferential tariffs will create favourable conditions for Vietnamese rice to compete with that from rival countries, the Việt Nam Food Association said.
Việt Nam has more real estate investment opportunities than other more mature Asia-Pacific markets, though certain difficulties remain.
We sat down with Phạm Thị Thu Diệp, the newly appointed Country General Manager of IBM Vietnam, to discuss the growth of Việt Nam's IT sector in 2021 and how IBM will play a part in this overall picture.
'Buffalo' represents hard work, persistence and stability in the Vietnamese people's conception, and these characteristics are considered to apply to people born in the Year of the Buffalo
With uncertainties caused by COVID-19 persisting, gold, stock, and real estate are still promising investments for Vietnamese investors in 2021.
Modern and online shopping channels recorded strong growth last year and will continue to thrive this year, according to experts.
Sóc Trăng Province efforts to improve its business climate is paying off with more and more investors, both domestic and foreign, coming since 2016.
The impacts of the COVID-19 pandemic and Industry 4.0 required construction firms to invest in technology to improve efficiency.
A year after acquiring VinCommerce, Masan is restructuring the supermarket chain to realise its vision of becoming a retail-consumer unicorn. During a turbulent 2020, when many businesses were hit hard by the Covid-19 pandemic, Masan and its affiliates went on to complete major M&A deals, including the acquisitions of VinCommerce, NET Detergent and the tungsten business platform of H.C.Starck, and buying a stake in 3F Viet, a leading Vietnamese poultry player.
Corporate social responsibility is the decisive factor that could enable Vietnamese firms to survive the pandemic, Berend van Wel, the managing director of FrieslandCampina Vietnam (FCV), has said.
Digital transformation holds the key to businesses keeping up with market trends, overcoming challenges and seizing opportunities amid the current unpredictable situation.
With traditional markets in HCM City struggling amid the COVID-19 pandemic, more and more of their shop owners are looking to sell their goods on online channels such as delivery apps and social media.
The government has added the supportive industries park in the boundary of the Đà Nẵng Hi-Tech park in the Master Plan of the national industrial park development in 2030-45.
The two words that best summarise Nestlé's 25-year journey in Việt Nam are “sustainable development”, Binu Jacob, CEO of Nestlé Vietnam tells Việt Nam News.
Chairman of the Việt Nam Textile and Garment Group (Vinatex), Lê Tiến Trường, tells our special issue about it overcoming unparalleled obstacles in 2020 and what this year may hold.