Techcombank reports pre-tax profit of over 554 million USD Business

Techcombank reports pre-tax profit of over 554 million USD

The Vietnam Technological and Commercial Joint Stock Bank (Techcombank) earned pre-tax profit of over 12.83 trillion VND (554.7 million USD) and revenue of 21.1 trillion VND (910.38 million USD), marking increases of 31.5 percent and 24.7 percent year on year, respectively.
PM urges better coordination in managing State capital Business

PM urges better coordination in managing State capital

Prime Minister Nguyen Xuan Phuc urged better coordination between the Commission for the Management of State Capital at Enterprises (CMSC) and ministries, sectors and corporations at a review conference of the CMSC on January 16.
Government taking fight to fraudsters: Deputy PM Society

Government taking fight to fraudsters: Deputy PM

Market surveillance units last year cracked a number of major counterfeit rings countrywide as the fight against trade frauds took place on a scale never seen before, Deputy Prime Minister Truong Hoa Binh said.
Bank lending rates expected to fall in 2020 Business

Bank lending rates expected to fall in 2020

A report by securities firm SSI on the financial and monetary market says deposit interest rates are likely to be cut by 0.5- 1 percentage point this year, and lending interest rates would also be cut by at least 0.5 percentage points as required by the Government.
HCM City to spend more on road infrastructure Business

HCM City to spend more on road infrastructure

HCM City will prioritise investment in road infrastructure if it receives permission to raise the budget revenue-retention ratio, according to the municipal Party Committee Secretary Nguyen Thien Nhan.
An Giang province promotes agro-fishery exports Business

An Giang province promotes agro-fishery exports

International economic integration has helped An Giang’s key exports such as agricultural and fishery products, as well as frozen vegetables and fruits occupied many major markets like the US, the EU.
Revised GDP in line with international practices Business

Revised GDP in line with international practices

The revision of the size of Vietnam’s gross domestic product (GDP) for 2011-2017 is in line with international practices and serves as a foundation for the country's development path in the next 10 years, an official has said.