Vietnamplus

Despite facing many difficulties caused by COVID-19 pandemic, Vietnamese soprano Hien Nguyen will have her debut concert in Hanoi next month.

Competition among banks to lure demand deposits is becoming fiercer as the cheap capital source helps banks increase their net interest income (NIM) ratio.

Despite huge needs for capital loans, many businesses have not been able to access bank capital since most of their production premises, machines and equipment are rented.

Right in the first week after the app electronic know your customer/client (e-KYC), the Tien Phong Commercial Joint Stock Bank (TPBank) has seen nearly 5,000 customers registering to open their accounts through the bank’s mobile app.

Many banks no longer benefit from demand deposits as the low-cost capital source has declined sharply due to the impacts of the COVID-19 pandemic.

Checkable deposits saw a significant quarter-on-quarter decline as of the end of March, despite more payment accounts opened in the first three months of this year.

Vietnam Coast Guard has established bilateral and multilateral relations as well as a hotline with law enforcement forces from 20 countries in the region and the world.

Vinpearl Air of the private conglomerate Vingroup will begin domestic and international flights from July 2020 with a fleet of six aircraft, according to Director General of the Civil Aviation Authority of Vietnam (CAAV) Dinh Viet Thang.

VinAviation School of the private conglomerate Vingroup on August 16 announced it is looking to enroll 400 learners aged 18-35 for its first pilot class to meet growing demand for pilots both in the nation and in the world.

More and more banks have started offering free services to attract customers in a very competitive market.

The State Bank of Vietnam (SBV) has assigned a credit growth limit to each commercial bank in 2019, with priority given to those who met Basel II’s capital safety and risk management standards ahead of schedule.

Most banks will not officially set their annual targets until their shareholder meetings in April, but many bank leaders are optimistic about 2019 with plans to increase profits through cutting operating costs and promoting digital services.

The Vietnam Technological and Commercial Joint Stock Bank (Techcombank) posted a record pre-tax profit of 5.19 trillion VND (223.5 million USD) in the first half of the year – approximately double that of the same period in 2017.

Deputy Chief of the General Staff Pham Ngoc Minh and a Vietnamese delegation are present at the Singapore Airshow 2018 to learn about the latest technologies in the field, especially patrol aircraft.

The sharing economy model is changing the face of many economies, and Vietnam is embracing this new economic model, according to experts.

Italian painter Laura Federici and Vietnamese painter Nguyen Dam Thuy have worked together to portray the home and the environment.

The real estate market has become busier with a large number of merger & acquisition (M&A) deals recorded in the last two quarters.

The real estate market will welcome many new launches in the second quarter of 2017 and sales volumes will be higher than the last quarter, according to the Vietnam National Real Estate Association.

Various activities are being held in Hanoi and HCM City to celebrate Italian Design Day starting from March 2.

The upcoming visit to China of Party General Secretary Nguyen Phu Trong is aimed at defining the long-term direction for the healthy and stable development of bilateral relations future.