Remittances to HCM City expected to pick up 9 percent Business

Remittances to HCM City expected to pick up 9 percent

Remittances to Ho Chi Minh City are expected to reach some 5.3 billion USD in 2019, a year-on-year surge of 9 percent, despite unfavourable global financial and monetary market, according to Deputy Director of the State Bank of Vietnam’s Ho Chi Minh City branch Nguyen Hoang Minh.
Novaland Expo kicks off in HCM City Business

Novaland Expo kicks off in HCM City

The Novaland Expo, an impressive real estate exhibition, is taking place at the Novaland showhouse centre on Mai Chi Tho street, District 2, Ho Chi Minh City from December 4-8.
Awards honour standout Vietnamese banks Business

Awards honour standout Vietnamese banks

A ceremony for the Vietnam Outstanding Banking Awards 2019 was held in Ho Chi Minh City on November 27 by the Vietnam Banks Association and the International Data Group (IDG).
Vietnam attends ASEAN Banking Conference in Cambodia ASEAN

Vietnam attends ASEAN Banking Conference in Cambodia

A Vietnamese delegation, led by Nguyen Toan Thang, General Secretary of the Vietnam Banking Association, is attending the 22nd ASEAN Banking Conference that kicked off in the Cambodian capital city of Phnom Penh on November 25.
Vietnamese firms step up outbound investment Business

Vietnamese firms step up outbound investment

Total outbound Vietnamese investment reached 431.7 million USD in the first nine months of this year, according to the Foreign Investment Agency under the Ministry of Planning and Investment.
Central bank warns of NPLs from transport projects Business

Central bank warns of NPLs from transport projects

The State Bank of Vietnam (SBV) has said it would continue to direct credit institutions to strictly control credit in potentially-risky areas such as real estate and securities, especially Build-Operate-Transfer (BOT) and Build-Transfer (BT) transport projects.