Banking sector invests big in digital transformation
Việt Nam's banking sector has invested over VND15,000 trillion in digital transformation by the end of 2022, according to the State Bank of Vietnam (SBV).
Việt Nam's banking sector has invested over VND15,000 trillion in digital transformation by the end of 2022, according to the State Bank of Vietnam (SBV).
Many positives remain, including various policy and market development initiatives, despite market contracts driven by drop in overall debt market.
At the end of 2022, survey results showed that 13 of 27 banks had an increase in bad debt ratio, but by the first quarter of 2023 this number was "bigger" when it...
The life insurance market was in the news recently for having duped an actor. Now much needs to be done, according to Mr. Tran Nguyen Dan, a lawyer and a lecturer at the...
While the BoJ has an apparent phobia of tightening policy, the Fed’s phobia seems to lie in the other direction.
Emirates, the world’s largest international airline, today announced it has committed US$200 million to fund research and development (R&D) projects focussed on reducing...
Vietnam’s export-import value in the first four months of this year was estimated at 210.79 billion USD, down 13.6% year-on-year, with trade in surplus by 6.35 billion...
Global and domestic coffee prices are at high levels, providing opportunities for Vietnam to maintain a coffee export revenue of over 4 billion USD this year, a record...
It is now more than 2 years since the Covid-19 pandemic began its march around the world, by the end of the first quarter of 2023, the world and domestic economies have...
Vietnam's rice exports recorded impressive results when most of its major markets achieved high growth since the beginning of the year.
National Assembly Chairman Vuong Dinh Hue’s visit to Uruguay is expected to open up opportunities for stronger economic and trade ties, and win-win cooperation between...
In order to effectively disburse a low-interest housing credit package of VNĐ120 trillion (US$5.11 billion), many experts recommend expanding the borrowers.
Vietnam’s food industry has seen signs of strong growth in the region thanks to the increasing income and consumption tendencies. The market has gradually provided more...
Vietnam has set a target of increasing its green economy's contribution to GDP from 6.7 billion USD in 2020 to 300 billion USD by 2050, which requires drastic and...
The recent fever and subsequent decline of two Vietnamese shoe brands has prompted an inquiry: Will Vietnamese brands be able to capitalise on the trends and...
Vietnam’s total import and export turnover in the first quarter of this year is estimated to fall 13.3% year-on-year to 154.27 billion USD.
Four export commodities posted turnover of more than 5 billion USD in the first quarter of 2023, accounting for 52.8 percent of Vietnam’s export turnover.
Having hold of a large amount of bad debts mortgaged by real estate, Vietnam’s four biggest State-owned banks are urgently recovering the debts, but the work remains...
Vietnam is the gateway to enter the Southeast Asian market while Pakistan is an important bridge for Vietnam to access Central and Southwest Asia. Vietnam and Pakistan...
The British Ambassador to Việt Nam Iain Frew spoke to Việt Nam News about the UK's trade opening and its impact on Việt Nam-UK trade relation.
Going green become vital for Việt Nam’s garment and textile industry in the context of increasing requirements for sustainability.
Amid difficulties in export markets, significant efforts are required for Vietnam to meet its goal of 4.3 billion USD in shrimp export revenue this year, said Truong...