Wednesday, September 26, 2018 - 0:11:08

credit organisations

20-year prison term proposed for ex-Chairman of VNCB

Society

20-year prison term proposed for ex-Chairman of VNCB

A 20-year prison term has been proposed for Pham Cong Danh, ex-Chairman of the Board of Directors of the Vietnam Construction Bank (VNCB), for his involvement in the case of “deliberately violating State regulations on economic management, causing severe consequences” at VNCB.

Domestic banks adapt to fourth industrial revolution

Business

Domestic banks adapt to fourth industrial revolution

Amidst the fourth industrial revolution, domestic banks have actively invested in technologies to improve their products, services and governance, Vice Governor of the State Bank of Vietnam (SBV) Nguyen Kim Anh told a seminar in Hanoi on June 15.

HCM City works to boost retail market

Business

HCM City works to boost retail market

Ho Chi Minh City’s total retail and service revenue in the first six months of 2018 is estimated at 502.55 trillion VND (22.11 billion USD), up 11.7 percent over the same period last year.

SBV to continue flexibly managing monetary, fiscal policies

Business

SBV to continue flexibly managing monetary, fiscal policies

The State Bank of Vietnam (SBV) will continue managing monetary policy in an active, cautious and flexible manner and combine with other fiscal and macro-economic policies to control inflation, ensure credit institutions’ liquidity, stabilise monetary and foreign exchange markets.

Ho Chi Minh City’s retail market thrives

Business

Ho Chi Minh City’s retail market thrives

Ho Chi Minh City’s revenue from goods retail sales in the first half of this year is estimated at more than 328.58 trillion VND (14.47 billion USD), accounting for 65.3 percent of the city’s total earnings from retail sales and services and up 12.9 percent from the same time last year.