Twelve SOEs report losses in 2019 Business

Twelve SOEs report losses in 2019

The Ministry of Finance has revealed that twelve out of 136 wholly state-owned enterprises had posted losses of 720 billion VND in total (31 million USD) in the first half of last year, and six others faced warnings regarding financial security.
Bao Viet wins Asia’s most transparent report award Business

Bao Viet wins Asia’s most transparent report award

Bao Viet Holdings, a financial and insurance services group of Vietnam, has been honoured as the firm with the most transparent financial report in Asia by the Singapore-based sustainability services provider CSRWorks International.
SME fund fails to meet lending target Business

SME fund fails to meet lending target

Though the Small and Medium Enterprise (SME) Development Fund was established a year ago, so far only three firms have got loans from it, fund director Hoang Thi Hong said.
Local startups see values soar Business

Local startups see values soar

Stock prices of many local start-up companies are valued extremely high, far above prices of large-cap shares on the two national stock exchanges.
Japanese bank assists Vietnamese SMEs Business

Japanese bank assists Vietnamese SMEs

The Johnan Shinkin Bank of Japan (JSB) will provide financial information and consultations for Vietnam’s Small- and Medium-sized Enterprise Development Fund (SMEDF).