Magnetic strip ATM cards to remain valid next year

The State Bank of Vietnam (SBV) this week issued a dispatch, noting that domestic automated teller machine (ATM) cards with magnetic strips will remain valid for normal use after December 31, 2021.

Moody’s upgrades VPBank’s rating to Ba3

Global credit rating firm Moody’s Investors Services has upgraded Việt Nam Prosperity Bank (VPBank)’s foreign currency deposits from B1 to Ba3 which is equal to the country’s rating with positive outlook.

HCM City businesses adapt to ‘new normal’

Though the COVID-19 pandemic remains unpredictable, many businesses in the country’s pandemic hotspot HCM City have resumed full operations despite stringent prevention protocols and human resource shortages.

Local exporters must strictly comply with EU regulations to avoid losses

The European Union has a large demand for imported agricultural products and, thanks to the EU - Việt Nam Free Trade Agreement (EVFTA), Vietnamese businesses have a unique opportunity to take advantage of this. However, local businesses need to strictly comply with European regulations to avoid losses when exporting to the region.

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