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VIB becomes the first bank to launch online credit card issuance via VNeID

Vietnam News Economy - Sat, 10/19/2024 - 08:00
By leading the way in implementing credit card issuance on the electronic identification and authentication platform (VNeID), VIB not only ensures a swift and convenient credit card application process for users but also guarantees data security for both citizens and banking operations.

Hưng Yên creates open environment to attract investment

Vietnam News Economy - Fri, 10/18/2024 - 20:37
To date, the province has 588 foreign-invested projects, with a total registered capital of over US$7.6 billion.

Market ends week with slight dip

Vietnam News Economy - Fri, 10/18/2024 - 20:05
On the Hồ Chí Minh Stock Exchange (HoSE), the VN-Index closed at 1,285.46 points, down 1.06 points, or 0.08 per cent.

Nineteen State-owned enterprises estimate pre-tax profit of over $2 billion

Vietnam News Economy - Fri, 10/18/2024 - 20:03
The pre-tax profit exceeds the annual target by 20 per cent.

Unleashing Vietnam - EU e-commerce potential

Vietnam News Economy - Fri, 10/18/2024 - 20:01
The EU offers diverse online platforms benefitting Vietnamese businesses, especially SMEs. Major EU e-commerce markets like Germany, France and Italy are witnessing a surge in cross-border online trade.

First batches of Việt Nam’s fresh coconuts enter China

Vietnam News Economy - Fri, 10/18/2024 - 16:13
The produce, totalling 21.6 tonnes and 110,000 Chinese yuan (about US$15,000), hailed from the Mekong Delta province of Bến Tre.

Imposing excise tax on sugary soft drinks needs to be considered carefully: conference

Vietnam News Economy - Fri, 10/18/2024 - 15:42
The Ministry of Finance is developing an amended Law on Special Consumption Tax which intends to impose tax of 10 per cent on drinks with sugar content over 5g per 100ml.

Construction ministry raises solutions to stabilise housing prices

Vietnam News Economy - Fri, 10/18/2024 - 15:41
Amending tax policies related to the real estate market will be among solutions to prevent speculation and swing trading in an effort to stabilise land and housing prices, the Ministry of Construction said at a press conference on Thurday.

Việt Nam rises four places in economic freedom ranking

Vietnam News Economy - Fri, 10/18/2024 - 15:36
Việt Nam is 99th out of the 165 countries in the Economic Freedom of the World ranking by Canada’s Fraser Institute, up four places from last year.

VIB launches card design on demand powered by Gen AI technology

Vietnam News Economy - Fri, 10/18/2024 - 15:07
VIB said in a statement that this represents a significant breakthrough in its strategic roadmap to lead the market in delivering personalised customer experiences. This allows clients to showcase their distinctive style and personal brand through customised credit card designs.

Germany’s media highlights Việt Nam’s growth motives

Vietnam News Economy - Fri, 10/18/2024 - 14:06
Germany international broadcaster Deutsche Welle (DW) recently ran an article on its website spotlighting several factors driving Việt Nam’s economic growth.

Vietjet operates the first flights using sustainable aviation fuel

Vietnam News Economy - Fri, 10/18/2024 - 14:01
Vietjet's first two flights using sustainable aviation fuel (SAF) have been refueled in Việt Nam and departed from Tân Sơn Nhất International Airport in HCM City.

Mandatory transfers announced for CB, OceanBank

Vietnam News Economy - Fri, 10/18/2024 - 11:28
On Thursday, the State bank revealed that the Vietnam Construction Bank (CB) will be absorbed by the Commercial Bank for Foreign Trade of Vietnam (Vietcombank), while the OceanBank will merge with the Military Commercial Bank (MB).

The future of mini cars in Việt Nam looks promising

Vietnam News Economy - Fri, 10/18/2024 - 08:30
The mini car market in Việt Nam is poised for significant evolution, driven by changing consumer preferences, emerging trends and favourable macroeconomic conditions, according to car experts.

Amended Electricity Law is expected to remove bottlenecks for gas-fired and offshore wind power

Vietnam News Economy - Fri, 10/18/2024 - 08:00
The amendments underway to the law on electricity are expected to remove the bottlenecks and create a favourable environment for the development of gas-fired and offshore wind power projects, experts said at a conference on Wednesday.

Imported cars dominate over domestically assembled vehicles

Vietnam News Economy - Fri, 10/18/2024 - 08:00
Việt Nam's automotive market has seen significant growth in recent years, thanks to government initiatives aimed at encouraging domestic production.

Vietcombank is now the second largest shareholder at Eximbank

Vietnam News Economy - Fri, 10/18/2024 - 07:20
Vietcombank holds 78.79 million Eximbank's shares (EIB), representing a 4.51 per cent ownership share of Eximbank's charter capital.

Retail businesses upping their game towards year-end

Vietnam News Economy - Fri, 10/18/2024 - 07:10
Major retail chains have been taking advantage of strong goods consumption, reorganising their stores and taking advantage of online retail platforms to increase revenue.

Việt Nam's motorbike market flourishes in Q3

Vietnam News Economy - Fri, 10/18/2024 - 07:09
Honda continues to maintain its dominant position in the market with sales of 554,805 motorbikes in the third quarter of this year, equivalent to an 80.8 per cent market share.

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