Wednesday, January 23, 2019 - 16:00:46

Central bank issues roadmap for ATM card upgrades

Business

Central bank issues roadmap for ATM card upgrades

Under a new regulation, commercial banks will have to switch 30 percent of their current magnetic strip ATM cards – more than 25 million in total – to chip cards by the end of this year to enhance safety and service quality.

Banks post high profits in 2018

Business

Banks post high profits in 2018

Despite the central bank’s tightened monetary policy, many banks reported good business performance last year thanks to improved bad debt resolution and rising income from services.

Quang Nam province attracts 5.8 billion USD in FDI

Business

Quang Nam province attracts 5.8 billion USD in FDI

The central province of Quang Nam licensed 26 new foreign direct investment (FDI) projects with total capital of nearly 300 million USD in 2018, bringing the total number of FDI projects in the province to 169, worth 5.8 billion USD.

HCM City seeks cheaper logistics

Business

HCM City seeks cheaper logistics

Logistics fees in Vietnam account for nearly 21 percent of the country’s Gross Domestic Product (GDP), with transport making up 60 percent of the figure, twice as much as some developed economies.

Growth targets for 2019 feasible: Experts

Business

Growth targets for 2019 feasible: Experts

Experts say the target growth rate of 6.6 to 6.8% for 2019 set by the National Assembly is feasible. They also said the GDP target was likely to be surpassed due to opportunities from the US-China tra