Singapore: Investment in fintechs surges World

Singapore: Investment in fintechs surges

Investment in Singapore’s financial technology companies in the first half of 2019 has quadrupled from a year ago to 453 million USD, according to a recent report of consulting company Accenture.
Seafood exports to China on the mend Business

Seafood exports to China on the mend

Vietnam’s seafood exports to China are expected to rise in the second half of this year to reach the 1.2 billion USD target for the whole of this year as China’s seafood demand is on the rise, and the escalating US-China trade tension is likely to create as an opportunity for Vietnamese exporters to increase their market share in China.
Binh Duong pledges to remove difficulties for Korean firms Business

Binh Duong pledges to remove difficulties for Korean firms

The southern province of Binh Duong will actively work to promptly remove bottlenecks for businesses from the Republic of Korea (RoK), Chairman of the provincial People’s Committee Tran Thanh Liem affirmed at a dialogue with Korean firms on July 30.
Rail freight transport decreases in H1 Business

Rail freight transport decreases in H1

The Vietnamese railway sector is taking measures to increase the volume of freight transport as it did not meet the set target in the first half of 2019, according to insiders.
Free trade deals push seafood shares up Business

Free trade deals push seafood shares up

Seafood shares advanced in the first half of the year as the freshly signed EU-Vietnam Free Trade Agreement (EVFTA) and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) have positive impacts on the business results of seafood exporters, according to insiders.
Nearly 67,000 labourers sent overseas in H1 Society

Nearly 67,000 labourers sent overseas in H1

Vietnam sent 66,983 labourers to work abroad during January-June, accounting for 55.82 percent of the yearly plan, according to statistics from the Ministry of Labour, Invalids and Social Affairs (MOLISA)’ Department of Overseas Labour.
Fewer road crashes but more traffic jams in H1 Society

Fewer road crashes but more traffic jams in H1

Vietnam saw a decline in road accidents in the first half of 2019 while the number of prolonged traffic congestions was on a rise, according to the latest report of the National Committee for Road Safety.
Real estate transactions fall on tightened property loan control Business

Real estate transactions fall on tightened property loan control

As the State Bank of Vietnam has tightened the control over real estate loans to ensure sustainable development of the market and safety of the banking sector, property transactions have fallen down in both Hanoi and Ho Chi Minh City in the first six months of the year, experts said at a recent meeting in Hanoi.