Citi on Friday announced it has reached an agreement with UOB Group (UOB) on the acquisition of Citi’s consumer banking franchises in Việt Nam, Indonesia, Malaysia and Thailand.
As the Tết (Lunar New Year) holiday approaches the Civil Aviation Authority of Việt Nam (CAAV) has requested the Ministry of Transport allow it to take the initiative in increasing flights, starting from January 14.
Việt Nam has the third lowest operating costs among nine countries in Asia, just behind Cambodia and Myanmar, according to Asia-Pacific’s leading business transformation consultancy TMX.
The southern industrial province of Bình Dương looks to get its COVID-stricken economy back on track this year, aiming for an increase of 8 – 8.3 per cent of the Gross Regional Domestic Products (GRDP).
While textiles is one of the key industries in Việt Nam with high export revenue, it is also among industries that pose a high environmental and social risk, according to Nguyễn Quốc Hùng, general secretary of Việt Nam Bankers Association.
F88 has successfully closed a US$10 million senior secured loan facility from Lendable Inc, a leading emerging market fintech debt finance provider.
The domestic rubber industry had a strong recovery in export turnover last year, after 10 years of plunging due to a strong reduction in the export price of rubber.
Being flexible in accessing distribution systems, overcoming logistical difficulties and making good use of free trade agreements (FTA) are important factors for Vietnamese goods to better access the Eurasian market in the coming time, said insiders.
Việt Nam’s agricultural produce sent to China are, including those sent via unofficial channels, quality products. Quality has no bearing on them being stopped at customs, Deputy Minister of Agriculture and Rural Development Trần Thanh Nam told the ministry’s meeting on January 12 in Hà Nội.
Việt Nam's GDP growth has been forecast to accelerate at a 5.5 per cent rae in 2022 from a dismal 2.6 per cent during the previous year, according to a report released by World Bank yesterday.
Japan Petroleum Exploration Company Ltd (JAPEX) is set to buy an undisclosed stake in ITECO Joint Stock Company and join hands to build a liquefied natural gas terminal in a northern city.
The Vietnamese stock market continued to reach another historic record, with the largest number of new accounts opened in December after 21 years of operation.
Shares plunged on Thursday on the two national stock exchanges as negative information continued to weigh on the real estate group.
Việt Nam has been named among four key markets of Ford Motor Company together with Thailand, South Africa and Australia, serving as a driving force for the development of Ford Vietnam in the coming years.
The Asian Development Bank (ADB) signed a US$25 million loan with Tiên Phong Commercial Joint Stock Bank (TPB) to expand access to finance of women-owned and led small and medium-sized enterprises (WSMEs) in Việt Nam.
With only a few weeks left for the peak flower shopping season during Tết (Lunar New Year), many farmers in Đồng Tháp, Bến Tre and Tiền Giang provinces and HCM City are worried because few traders are coming to buy.
To support the export of agricultural produce, the Ministry of Agriculture and Rural Development (MARD) has proposed the Ministry of Transport find solutions to the problem of a shortage of refrigerated containers and excessively high container rental prices.
As of December 31, 2020, Việt Nam counted 683,600 operational enterprises, up 35.3 percent from 2016, the 2021 economic census revealed.