Participants at a May 7 workshop in Hanoi recommended that Vietnamese businesses diversify capital sources funding their activities in the new context instead of being over-reliant on the banking system.
Masan Group Corporation's consolidated net revenue increased by 13.3 percent in Q1 to 19.977 trillion VND (862.53 million USD), primarily due to double-digit organic growth in its branded consumer and meat businesses and 178.2 percent growth by Masan High-Tech Materials (MHT) due to H.C. Starck (HCS).
Singapore’s labour market has continued its recovery from the COVID-19 in the first three months of the year, with total employment growing for the first time since the start of the pandemic, according the country’s Ministry of Manpower (MOM).
Singapore's tech unicorn Grab will remain focused on Southeast Asian markets even after it goes public in the US, co-founder and CEO Anthony Tan told Asia Nikkei Review.
The successful implementation of Mobile Money, a pilot project that will pave the way for payments of limited value to be conducted using telecommunications accounts, is one of the major targets of the Ministry of Information and Communications (MIC).
Hanoi announced on March 22 the zoning plan for the four inner-city districts of Hoan Kiem, Ba Dinh, Dong Da, and Hai Ba Trung, which are at the heart of and historically significant to Vietnam’s capital.
Prime Minister Nguyen Xuan Phuc has approved a mobile money pilot project that will pave the way for payments of a limited value to be conducted using telecommunications accounts.
Traveloka, Southeast Asia’s largest online travel startup, plans to launch financial services in Vietnam and Thailand as it eyes a listing in the US, its president said.
The Saigon Commercial Joint Stock Bank (SCB) has recently entered into a strategic cooperation deal with Kiraboshi Business Consulting Vietnam, the representative of Kiraboshi Bank of Japan.
The local retail market is forecast to grow at a double-digit rate in 2021, so domestic retailers have rushed to open new stores across the country to expand their market share since the beginning of the year.
Foreign enterprises poured a considerable amount of capital into manufacturing and processing projects in the first half of January, according to the head of the investment office at the Ho Chi Minh City Export Processing and Industrial Zones Authority (Hepza), Tran Viet Ha.
Vietnamese firms must improve product quality, strictly follow the rules of origin and ensure food safety to export goods to the UK under the recently signed UK-Vietnam Free Trade Agreement, speakers said at a seminar in Ho Chi Minh City on January 28.
Shares bounced back slightly in the afternoon trade but the VN-Index still lost 60.94 points, or 5.11 percent, closing the January 19 session at 1,131 points.
MoMo, Vietnam’s biggest e-wallet firm, has finished its Series D financing round from leading global investors, announced the firm in Hanoi on January 13.
The regulatory sandbox for financial technology (fintech) which is expected to be created this year, coupled with efforts to promote the use of digital financial services, are expected to accelerate the development of fintech in Vietnam.
The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) has recently been honoured at four categories of the multinational financial services corporation Visa Inc.
The ASEAN Week 2020, which was hosted by the Moscow State Institute of International Relations (MGIMO) under the Ministry of Foreign Affairs of Russia, with a series of cultural, scientific and educational events, concluded on December 11, helping to strengthen ASEAN-Russia exchanges and cooperation.
The Vietnamese stock market has flourished amid global uncertainties due to the COVID-19 pandemic, said Tran Van Dung, Chairman of the State Securities Commission (SSC).
The Asian Development Bank (ADB) recently approved a 500 million USD policy-based loan to support the Indonesian Government’s efforts to expand financial access among micro, small, and medium-sized enterprises (MSMEs) and marginalised groups such as women and youth.
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