Banks to hike service fees this month Business

Banks to hike service fees this month

After two months postponing the increase in service fees for ATM cash withdrawals as required by the central bank, some commercial banks have now resumed the plan, announcing that a new service fee framework will apply from the middle of this month.
Franchising makes Vietnam’s retail market more attractive Business

Franchising makes Vietnam’s retail market more attractive

Vietnam is a promising market for retail and franchise sector as franchising is an increasingly popular strategy taken by many enterprises, said experts at a conference held on the sidelines of the Shop & Store Vietnam Exhibition 2018 held in Ho Chi Minh City on March 28.
HCM City’s outstanding loans up Business

HCM City’s outstanding loans up

Total outstanding loans by commercial banks in HCM City in 2017 rose 18.5 percent from 2016 to more than 1.74 quadrillion VND (76.73 billion USD), according to the State Bank of Vietnam’s HCM City branch.