Agribank reported a profit of nearly 13,000 billion
Credit growth is limited due to the lack of capital increase, Agribank’s profit decreased by nearly 9% compared to the previous year, reaching VND 12,869 billion. Total assets reached nearly 1.57 million billion, capital resources reached over 1.45 million billion, bad debt ratio 1.89% by the end
Buyers warned over inaccurate info regarding Long Thanh land
Concerns have been raised on the land fever in surrounding areas of the future Long Thanh International Airport in the southern province of Dong Nai after construction started last week.
Be Group partnering up with VPBank to launch Cake digital bank
Be Group (the developer of Be ride-hailing app) and VPBank have officially introduced Cake digital bank, a new solution for e-banking. This is the first time that a digital bank will appear on the interface of a ride-hailing app in Vietnam.
459 enterprises operating warehouses, yards and ports connect to VASSCM system
VCN - In 2020, the Customs sector continued to expand the automated customs management and supervision system (VASSCM) via the connection and exchange of information with enterprises operating ports, airports, warehouses and yards under customs supervision.
Quảng Bình seeks investment in 62 projects
A view of Quảng Bình. — Photo baodautu.vn QUẢNG BÌNH — The central province of Quảng Bình is calling for investment in 62 projects in the 2021-23 period, according to the provincial portal. The list, which was approved by the provincial People’s Committee last week, focuses on agriculture,
Lam Dong authorities apply stricter measures as thousands of hectares of forest destroyed
Lam Dong authorities have recalled several projects as it was discovered that 1,900 ha of forest land have been destroyed by incompetent firms. Thousands of hectares of forest destroyed in Lam Dong Province. In the past years, Lam Dong authorities allocated 58,000ha of forest land to 489 projects
Vietnam curbs illegal timber import following US probe
Hanoi doubles fine and applies the maximum prison sentence of 10 years for violators of illegal timber trade.
Evolving demands being met in high-end segment
Despite COVID-19 restricting the flow of foreign buyers and investors to Vietnam, positive signs were reported from local buyers in the last quarter of 2020 for high-end residences, brightening up 2021.
SHB Finance announced new chairman and posted stable performance in 2020
Hanoi-based commercial lender Saigon-Hanoi Commercial Joint Stock Bank (SHB) last week announced a senior personnel nomination at its member company, Saigon-Hanoi Commercial Bank Finance Co., Ltd. (SHB Finance).
Vietnam, Germany look to strengthen multifaceted relationship
Vietnam and Germany marked 45 years of diplomatic relations in 2020 and will commemorate the 10th anniversary of their strategic partnership this year. As signatories to the EU-Vietnam Free Trade Agreement (EVFTA), they are well placed to take their relationship further in diverse areas for mutual
Inside US Trade: US, Vietnam working to resolve trade issues through consultation and cooperation
The Inside US Trade has recently published an article entitled “US, Vietnam working to avoid imposition of Section 301 tariffs.”
Vietcombank looks to raise pre-tax profit by 12 per cent in 2021
Transactions at Vietcombank. The bank also aims to raise its total asset by 6 per cent and mobilised capital by 8 per cent while the credit growth is expected to pick up 12 per cent. — Photo vietcombank.com.vn HÀ NỘI — The Joint Stock Commercial Bank for Foreign Trade of Viet Nam (Vietcombank)