The domestic agriculture sector is in need of solutions to optimise capital and science and technology, thus raising productivity, quality, and value in service of both domestic and foreign markets, the fifth national farmers’ forum held in Hanoi on October 13 heard.
Although there are some listed property developers worth investing in, challengers are still aplenty, especially as earning don’t normally surge until the final quarter of the year.
HDBank has recently obtained the "Best Domestic Retail Bank" award by Asian Banking & Finance magazine, for the second consecutive year, for its impressive performance in the retail segment with modern products and services meeting the diverse needs of millions of local and foreign clients.
The State Bank of Vietnam (SBV) announced it could adjust monetary policies, including credit growth and incentives, in the remaining months of the year to cope with the COVID-19 pandemic.
Seven foreigners have been fined under a decision of Vice Chairman of the People’s Committee of the central province of Thua Thien – Hue Nguyen Van Phuong on August 12 for gambling through the internet.
Five banks have donated a total of 25 billion VND (1.07 million USD) for the fight against the new COVID-19 outbreak that is hitting Da Nang city hard, according to the State Bank of Vietnam (SBV).
Domestic banks are expected to face increasing competition, especially as European banks will be able to access the Vietnamese market when the European Union-Vietnam Free Trade Agreement (EVFTA) takes effect.
As of the end of June, the Vietnam Bank for Agriculture and Rural Development (Agribank) had disbursed 20.56 trillion VND (886.5 million USD) in credit to over 9,000 customers affected by the COVID-19 pandemic.
The organising board of the National Marathon Championship - Tien Phong Newspaper Marathon granted national flags and medicine chests to fishermen at An Hai fishing port in Ly Son island district of central Quang Ngai province.
Lawmakers on June 10 adopted a resolution on law and ordinance building programme for 2021 and adjustments to the programme for 2020, and another on the extension of the exemption of agricultural land use tax with a majority of votes in favor, at the ongoing ninth session of the 14th National Assembly in Hanoi.
Banks, especially State-owned banks, are expected to increase their capital significantly this year as they are allowed to retain profits or pay dividend in shares instead of cash as previously.
The National Assembly started the second phase of the ninth session in Hanoi on June 8, with lawmakers scheduled to vote on resolutions ratifying the European Union (EU)-Vietnam Free Trade Agreement (EVFTA), and the EU-Vietnam Investment Protection Agreement (EVIPA).
Lawmakers are scheduled to vote for resolutions ratifying the European Union (EU)-Vietnam Free Trade Agreement (EVFTA), and the EU-Vietnam Investment Protection Agreement (EVIPA) at plenary meetings during the second round of the ninth session of the 14th National Assembly in Hanoi from June 8-13.
Banks have embarked on the conversion of magnetic payment cards into chip cards for greater security, but the COVID-19 pandemic has significantly slowed down their efforts, making it difficult for them to meet the deadline.
Total assets of credit institutions and foreign banks in Vietnam by the end of the first quarter of this year inched down 0.72 per cent to 12.48 quadrillion VND (521.76 billion USD) compared to the end of last year.
The Ministry of Finance has raised a number of measures to accelerate the equitisation of State-owned enterprises (SOEs) since the process made no improvements recently.
Banks are ready to seize business opportunities in the coming months as the COVID-19 pandemic has been basically controlled in Vietnam and domestic production and business are expected to accelerate soon.
Business
