Ailing zhang morgan state

Visa - the global payments technology company - has rolled out a programme aiming to encourage consumers to show support to Vietnamese businesses. In addition, the company offered aid for small- and medium-sized enterprises (SMEs) to go online, seizing advantages from the abrupt growth of electronic commerce (e-commerce) in the post-pandemic period. … [Read more...] about Visa supports online firms amid COVID-19 pandemic

Profits come from service diversification Looking at the profit results of the four State-owned commercial banks (Big 4), Vietcombank had a pre-tax profit of nearly VND23.1 trillion (approximately US$1 billion) - the highest level in the banking system, helping the lender to be in the list of 200 groups with the highest profit in the world. Vietcombank's credit growth in 2020 was higher than the general growth rate of the banking system, at 14 percent. This is also the highest credit growth ever of this lender and the highest in the banking industry. The pre-tax profit of Vietinbank also reached VND16.45 trillion, up 43.5 percent over the previous year due to good credit growth. The recent report of Agribank shows that not only did the business results continue to improve, Agribank's administrative costs in 2020 were also being cut by 10 percent, helping the bank's pre-tax profit to touch nearly VND12.87 trillion, VND369 billion, or approximately 3 percent, higher than the plan. It … [Read more...] about Banks continue to lower interest rates further to support economic growth

Hanoi (VNA) – Party General Secretary and State President Nguyen Phu Trong and Prime Minister Nguyen Xuan Phuc on January 21 congratulated Joseph R. Biden Jr. on taking oath as the 46th President of the US. In their congratulations, the Vietnamese leaders expressed their belief that the new US President and his administration will obtain various achievements for prosperous development and happiness of the US and its people, as well as continue to contributing to peace, stability, cooperation and development in the world. On the basis of Vietnam-US relations built over the last 25 years, and sentiments of President Biden toward Vietnam, the ties between the two countries will continue to thrive in a result-oriented, effective and sustainable manner. On the same day, Vice President Dang Thi Ngoc Thinh extended congratulations to Vice President Kamala Harris. Biden was sworn in as the 46th president of the US on January 20 (US time)./. … [Read more...] about Congratulations to new US President, Vice President

In their congratulations, the Vietnamese leaders expressed their belief that the new US President and his administration will obtain various achievements for prosperous development and happiness of the US and its people, as well as continue to contributing to peace, stability, cooperation and development in the world. … [Read more...] about Vietnamese leaders congratulate new US President, Vice President

Hanoi (VNA) – The capital city of Hanoi is exerting all-out efforts to disburse 93 percent of 2020 public investment by the end of this month, making it to the top performers in the nation, heard at a meeting on January 20. The meeting between Vice Chairman of the municipal People’s Committee Ha Minh Hai and leaders of the Hanoi State Treasury was about the agency’s collection and spending of State budget in 2021. To achieve the goal, Hai requested concerned authorities to focus more on public investment disbursement. The municipal State Treasury must better coordinate with other sectors to promptly address problems in order to accelerate the disbursement progress, he said, adding that it should also effectively promote public administrative reforms and make use of information technology to cut procedures businesses and organisations are required to fulfill. Regarding tasks for this year, the vice mayor asked the agency to be among pioneers in digital … [Read more...] about Hanoi strives to disburse 93 percent of public investment by Jan. 31