From October 18 to 31 HDBank will run a promotion programme offering women customers a 30 per cent refund of the bills they pay online to mark Vietnamese Women’s Day, October 20. Their minimum payment should be VNĐ100,000 (US$4.28). — Photo Courtesy of HDBankViet Nam News HCM CITY — HDBank’s women customers will receive a refund of 30 percent of the value of the bills they pay using its eBanking system from October 18 to 31 in case of transactions of at least VNĐ100,000 (US$4.28). The promotion, to celebrate Vietnamese Women’s Day, October 20, will offer a maximum refund of VNĐ90,000 ($3.85). According to the lender, more and more women customers are opting to pay their bills online due to the convenience and speed it offers. HDBank’s eBanking system offers online bill payment services, enabling customers to pay their electricity, water, internet, cable TV, and mobile phone bills, do online shopping and transfer money conveniently … [Read more...] about HDBank to refund 30% of women’s e-bills
New State President to be sworn in next Tuesday
New State President to be sworn in next TuesdayThe Saigon Times Daily Party General Secretary Nguyen Phu Trong is set to become the President of Vietnam next week – PHOTO: VGP HCMC – The new president of the Socialist Republic of Vietnam will take the oath of office next Tuesday, October 23, for the 2016-2020 tenure, General Secretary of the National Assembly (NA) Nguyen Hanh Phuc said at a meeting of the NA Standing Committee today, October 16. Following the passing of President Tran Dai Quang at the age of 62 on September 21 due to a serious illness, lawmakers are set to vote for a new president on the opening day of the sixth sitting of the legislative NA next Monday. Early this month, all members of the Party Central Committee formally nominated the incumbent Party General Secretary Nguyen Phu Trong, 74, for presidency. This is the first time in multiple tenures that a Party’s General Secretary has been recommended as the head of State. The candidate … [Read more...] about New State President to be sworn in next Tuesday
Stocks up, turnover still low
Stocks up, turnover still lowBy Phuong Thao HCMC – The VN-Index of the Hochiminh Stock Exchange bounced back strongly today, October 16, but market turnover remained poor amid cautious trading. With gainers outnumbering losers by 195 to 100, the main index jumped 11.73 points, or 1.23%, at 963.37. The southern market saw 149 million shares worth VND3.8 trillion changing hands at the end of the day, both expanding by 4.5% compared to the previous session. Banks became the largest contributors to the recovery as investors snapped up bank shares after their heavy losses on Monday. VCB gained 0.17% at VND59,600, whereas HDB climbed 4.2% at VND37,000. STB led the market by liquidity with matching volume of nearly 9.8 million shares, jumping 5% at VND13,600. MBB and VPB reported matching volume of 3.5 million shares and 2.7 million shares, respectively, while other banks saw more than one million shares traded each. For small and medium stocks, real estate firm FLC rose 0.5% at … [Read more...] about Stocks up, turnover still low
New State President to swear in next Tuesday
New State President to swear in next TuesdayThe Saigon Times Daily Party General Secretary Nguyen Phu Trong is set to become the President of Vietnam next week – PHOTO: VGP HCMC – The new president of the Socialist Republic of Vietnam will take the oath of office next Tuesday, October 23, for the 2016-2020 tenure, General Secretary of the National Assembly (NA) Nguyen Hanh Phuc said at a meeting of the NA Standing Committee today, October 16. Following the passing of President Tran Dai Quang at the age of 62 on September 21 due to a serious illness, lawmakers are set to vote for a new president on the opening day of the sixth sitting of the legislative NA next Monday. Early this month, all members of the Party Central Committee formally nominated the incumbent Party General Secretary Nguyen Phu Trong, 74, for presidency. This is the first time in multiple tenures that a Party’s General Secretary has been recommended as the head of State. The candidate for … [Read more...] about New State President to swear in next Tuesday
China boosts imports of Vietnamese products
China boosts imports of Vietnamese products By Hung Le Smartphones displayed at an exhibition in HCMC. Vietnam’s smartphone and parts shipments to China saw a 2.4-fold rise, generating US$5.78 billion in value - PHOTO: HUNG LE HCMC – Vietnam enjoyed a strong increase in January-September exports, particularly to China, which raised imports from Vietnam, such as smartphones, computers, electronics and components, according to the latest data from the General Department of Vietnam Customs. The data shows that the export value of smartphones and accessories amounted to US$5.09 billion in September, taking the figure in the nine-month period to a record high of US$36.69 billion, up 16.4% year-on-year. In the January-September period this year, smartphone and phone components exports to major markets rose strongly. The EU market spent US$10.14 billion on these imports from Vietnam, edging up 10.9% year-on-year. Vietnam’s smartphone and phone parts shipments to … [Read more...] about China boosts imports of Vietnamese products