Dr Nuno Ribeiro, tourism and hospitality management senior lecturer and research cluster lead at RMIT University, said: “We are already seeing positive signs of these efforts with a very dynamic domestic tourism market, and the Government’s initiatives have been extremely successful in generating more demand for internal travel while maintaining rigorous health and safety standards.” … [Read more...] about Experts predict positive outlook for Viet Nam’s tourism post-COVID
Anambra state hospital management board
DHL, Ukrainian Railways and Center of Transport Service Liski to drive rail connectivity between China and Ukraine
"There is a lot of excitement for those watching trade developments between China and Ukraine. Further to China's newly-established position as Ukraine's top trading partner, recent reports have revealed Ukraine's plans to start negotiations on a free trade agreement with China. I am convinced that this partnership to create rail connectivity will expand trade flows between businesses in Asia and Europe when it comes into fruition and in turn, contribute toward the deepening of trade ties between the two countries," said Steve Huang, CEO, DHL Global Forwarding Greater China. … [Read more...] about DHL, Ukrainian Railways and Center of Transport Service Liski to drive rail connectivity between China and Ukraine
Banks continue to lower interest rates further to support economic growth
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
Visa supports online firms amid COVID-19 pandemic
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
VIETNAM NEWS JANUARY 21
“It is expected to grow again around 7 percent this year because Vietnam signed recently several free trade agreements such as the European Union -Vietnam Free Trade Agreement (EVFTA), the Regional Comprehensive Economic Partnership (RCEP) agreement and the newly-concluded United Kingdom-Vietnam Free Trade Agreement (UKVFTA),” he told the Vietnam News Agency (VNA)’s reporter in Jakarta. … [Read more...] about VIETNAM NEWS JANUARY 21