HCM City’s CPI rises in January Business

HCM City’s CPI rises in January

Ho Chi Minh City’s consumer price index (CPI) in January rose by 1.27 percent over the previous month, according to the city’s Statistics Office.

Mobile providers in end-of-year race

Competition among cell phone operators is becoming stiffer, prompting them to rush to provide new technology services aimed at strengthening their market position, especially toward the end of this year.

Banks increase retail credits

Bank loans for individuals were on a sharp rise in the first months of the year, mostly attributable to the rally of the property market, according to financial reports by commercial banks.

Local banks seek ways to compete against foreign rivals

As a number of foreign financial groups plan to penetrate deeper into the Vietnamese market by buying a larger stake in their partners, domestic banks are racing to find their own ways to prepare for the fight, industry insiders said.