Vietnamplus

The capitalisation of Vietnam’s banking sector is expected to increase by nearly 2.8 billion USD this year.

National Assembly Chairman Vuong Dinh Hue on December 14 received representatives from a number of leading corporations of the Republic of Korea (RoK) as part of his ongoing official visit to the country.

Automobile producers are observing the complex changes of the second wave of the COVID-19 pandemic to adjust their businesses.

Indonesia’s Financial Services Authority (FSA) has revised the country’s credit growth down to just 4 percent this year compared to 2019 - far from the initial 11 percent.

Recruitment demands in Quarter 2 have dropped 20 percent from the previous quarter, according to Adecco Vietnam.

Businesses should take advantage of both online and offline platforms to increase their ability to adapt to disruptions due to the COVID-19 pandemic, speakers said at an online seminar on May 15 in HCM City.

Major banks are still expecting to report growth in the first quarter and for the rest of 2020 despite the disruptions caused by the COVID-19 pandemic.

The stability of the regulatory system is key to luring foreign investment into Vietnam and the rights and benefits of foreign investors must be assured even when policies are changed, officials and executives have said.

Around 75,000 workers are needed in Ho Chi Minh City for the last three months of 2019, up over 7 percent compared to the same period last year, according to the HCM City Human Resources Forecast and Labour Market Information (Falmi) Centre.

The adjustment of the prices of two necessities – petrol and power in the first months of 2019 pushed the production and service costs up.

Airlines of the RoK will focus on increasing profits and making aggressive investments in fleets this year to better absorb rising travel and cargo demand, according to the RoK news agency Yonhap.

The Mekong Delta province of Kien Giang is striving to gross more than 42 million USD from exports in the fourth quarter of 2017, fulfilling its yearly target of 400 million USD.

Vietnam is expected to harvest only 0.87 tonnes of cashew nuts per ha in 2017, 0.21 tonnes or nearly 20 percent less than 2016’s output per ha, heard a conference in Ho Chi Minh City on June 1.

The Vietnam National Coal and Mineral Industries Group (Vinacomin) anticipates a turnover of 110 trillion VND (4.8 billion USD) this year.

The Government has issued regulations on further tightening the supervision on State capital directed into enterprises, in a move to assure investments are increasingly effective.