Commercial banks race to expand foreign investments Business

Commercial banks race to expand foreign investments

Vietnamese commercial banks are racing to develop their networks by opening representative offices and subsidiaries in foreign nations, paving the way for them to expand their overseas operations, according to market watchers.
Domestic retailers strive to gain competitive edge Business

Domestic retailers strive to gain competitive edge

Domestic retailers must work to outline rational business strategies to gain a competitive edge over their foreign rivals, especially as the local retail market has become more attractive than ever to foreign investors.
Concern grows over Tet price hikes Business

Concern grows over Tet price hikes

The petrol retail price saw its highest surge so far this year on Saturday, raising concerns over unpredictable impacts to the economy and the possible increase of goods prices during the upcoming Tet (Lunar New Year) holidays, experts said.
New Zealand’s navy frigate visits Vietnam Politics

New Zealand’s navy frigate visits Vietnam

New Zealand’s (NZ) navy frigate HMNZS Te Mana F77 carrying 178 officers and crew members anchored at Sai Gon Port in Ho Chi Minh City on September 25, commencing its five-day visit to Vietnam.
International cooperation crucial for startup development Business

International cooperation crucial for startup development

The startup culture in Vietnam has taken off in recent years, with foreign venture capital now five times higher than that by domestic players. Thus, it is important to note that international cooperation is crucial to bolstering startup innovation in the country.