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Sacombank, Bamboo Airways in strategic tie-up

t Nguyễn Đức Thạch Diễm, CEO of Sacombank, and Đặng Tất Thắng, CEO of Bamboo Airways, sign a comprehensive cooperation agreement in HCM City on April 9, with the witness of the two sides’ executive boards. — Photo courtesy of Sacombank HCM CITY — Sacombank and Bamboo Airways signed an agreement on April 9 to become strategic partners in investment, ... Read More »

Central city to develop an international finance centre

  Coastal area in Sơn Trà District of Đà Nẵng will become an international finance centre project. VNS Photo Công Thành  ĐÀ NẴNG – The central city’s people’s committee and the Import-Export Pan Pacific Group (IPPG) has signed a Memorandum of Understanding (MoU) on the development of an international and regional finance centre to attract investors in the future. Director ... Read More »

VPBank, AXYS Group join hands to help businesses go online

  VPBank and AXYS Group sign cooperation agreement to launch a programme that help Vietnamese firms develop their online business in a sustainable manner in HCM City on April 8. — Photo courtesy of AXYS HCM CITY — Vietnam Prosperity Commercial Joint Stock Bank (VPBank) and AXYS Group that specialises in providing online and business processing outsourcing services have launched ... Read More »

Voting of Việt Nam’s top 10 ICT businesses 2021 launched

  The Việt Nam Software and IT Services Association (VINASA) launches voting for the annual top 10 leading Vietnamese ICT firms in 2021. — Photo courtesy of VINASA HÀ NỘI — The Việt Nam Software and IT Services Association (VINASA) has begun voting procedures to find the top 10 leading information, communication and technology (ICT) firms in 2021. The programme aims to support ... Read More »

Việt Nam Digital Transformation Day to take place in May

  VINASA’s Vice Chairwoman cum General Secretary Nguyễn Thị Thu Giang delivered a speech at a press meeting. — Photo courtesy of VINASA HÀ NỘI — Digital transformation progress in eight priority fields under the national digital transformation initiative will be discussed at the Việt Nam Digital Transformation Day (DX Day 2021). The event themed ‘National Digital Transformation: Sharing and Connecting’, is ... Read More »

Law on management of State capital in enterprises should be changed: experts

  Đặng Quyết Tiến, director of the Department of Corporate Finance from the Ministry of Finance mentions shortcomings in the current law on the investment of State capital in production and business in enterprises. — VNA/VNS Photo Phạm Hậu HÀ NỘI — The law on managing the use of State capital invested in an enterprise’s manufacturing has revealed shortcomings, according to the Ministry ... Read More »

Digiworld reports high profit growth in 2020

  Digiworld holds shareholder meeting in HCM City on Tuesday. – VNS Photo HCM CITY – Digiworld Coporation (“DGW”) on Tuesday reported a year-on-year growth of 48 per cent in revenue and 64 per cent in profit for 2020. At the shareholders’ meeting on Tuesday in HCM City, the company reported that it had achieved total net revenue of VNĐ12.5 trillion (US$539 million) and ... Read More »

HDBank profit up 67.8% in Q1, income from services doubles

  An HDBank transaction office in HCM City. The bank reports solid growth in the first quarter of the year, with profit up 67.8 per cent, income from services doubled. — Photo courtesy of the bank HCM CITY — The Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank – ticker symbol: HDB) said its estimated consolidated pre-tax profit ... Read More »

Large farm produce processing factory inaugurated in Lào Cài

  The factory was put into operation after six months of construction. — VNA/VNS Photo Quốc Khánh LÀO CAI —A vegetable and fruit processing factory, worth VNĐ42 billion (US$1.82 million) was put into operation in Lùng Vai Commune, Mường Khương District of the northern mountainous province of Lào Cai on Wednesday. Invested by the Asia Foods Company, the facility has an annual capacity ... Read More »

Foreign investments might flow into Việt Nam's stock market from the second half of 2021: BVS

A man watching stocks in front of a screen. Photo doanhnghiepvadautu.net.vn HÀ NỘI — Bảo Việt Securities Company (BVS) expects Việt Nam’s stock market might attract up to US$1.4 billion from index tracking funds, if Việt Nam is officially upgraded to a secondary emerging market by FTSE. In an assessment and classification result released at the end of March, FTSE acknowledged efforts of the State Securities ... Read More »