For its almost 100 percent success rate in straight-through processing, the Ho Chi Minh City Development Joint Stock Commercial Bank has received the MT202 and MT103 STP awards for international payment services from J.P. Morgan Chase Bank.
By engaging in tourism programmes with localities nationwide, Hanoi has forged regional links that have helped it drive up visitor numbers and tourism revenue, according to Deputy Director of the municipal Department of Tourism Tran Trung Hieu.
The Vietnam Oil and Gas Group (PetroVietnam) has reported an oil output of 8.64 million tonnes in the first nine months of this year, 9.4 percent higher than the set target.
Hanoi has set itself a target to greet 35-39 million tourists by 2025, including 8-9 million foreigners, earning about 151 trillion VND (6.53 billion USD), under the city’s recently-launched tourism development strategy with a view to 2030.
Old Indochina Dragonplum trees are shedding their leaves on the pavements of Phan Dinh Phung street, hinting at an autumn coming on the site often dubbed as one of the most beautiful and romantic streets in Hanoi.
Nearly 99,000 new enterprises were established in the first nine months of this year, a year-on-year fall of 3.2 percent, according to the General Statistics Office (GSO).
As the resurgence of COVID-19 in Vietnam has been basically brought under control, the tourism sector in the capital city of Hanoi has been swiftly making plans to attract visitors again and gradually return to previous levels of growth.
Despite a credit slowdown in the first half of 2020, some private commercial banks have still asked the State Bank of Vietnam (SBV) for a credit growth expansion to prepare for a peak lending season expected at the end of the year.
While the real estate market was gradually recovering with positive signals from supply and successful transactions, the COVID-19 dealt a second blow, making it hard to forecast the market.
The top 10 most valuable brands in Vietnam 2020 are worth 8.1 billion USD, increasing by 17 percent from last year and accounting for 30 percent of the list’s total value, according to Forbes Vietnam magazine.
Three subsidiaries of the State-owned Vietnam Oil and Gas Group (PetroVietnam) signed a business cooperation contract (BCC) on August 3 to carry out a chain of gas, power, and service port projects.
Enterprises in Singapore recorded their worst performance in the first quarter of 2020 since the global financial crisis of 2008 as the COVID-19 pandemic pushed the economy to stagnation, a recent business climate survey showed.
The after-tax profits of listed companies on the Hanoi Stock Exchange (HNX) reached nearly 4.2 trillion VND (179 million USD) in the first quarter of this year, down 10.3 percent from a year earlier, according to the HNX.
Logistics companies have experienced a more than 50 percent decline in overall business performance since the COVID-19 outbreak hit Indonesia in early March, the Indonesian Logistics Association (ALI) reported.
The global health crisis caused by the COVID-19 pandemic has rapidly become a worldwide socio-economic crisis. In Vietnam, how will this crisis affect the economy and employment of workers in the future?
The Vietnam Oil and Gas Group (PetroVietnam) will continue cutting costs and optimizing all resources while boosting sales to cushion the impact of the COVID-19 pandemic on the oil and gas industry, the group’s recent online meeting heard.
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