Banking institutions

The domestic credit chip cards are expected to be officially launched this week. The seven banks include Viet Nam Joint Stock Commercial Bank for Industry and Trade (Vietinbank), Ban Viet Joint Stock Commercial Bank (VCCB), Asia Commercial Bank (ACB), HCM City Housing Development Commercial Joint Stock Bank (HDB), Bao Viet Bank (BVB), Sai Gon Thuong Tin (Sacombank) and Viet Nam Thuong Tin (Vietbank). … [Read more...] about Banks to introduce domestic credit chip cards to promote cashless payments

Berlin (VNA) - Major German research institutes and foundations have spoken highly of Vietnam's efforts in fighting COVID-19 and boosting economic development on the threshold of the 13th National Party Congress, and highlighted priorities of the country’s leaders in the next five years. In an article published on the website of Hanns Seidel Foundation, which is among the leading political research foundations in Germany, author Magdalena Knödler noted that the 13th National Party Congress, one of the most important political events of the country, will be slated for late January in Hanoi. During the Congress, a socio-economic development strategy for the 2021-30 period and development policy goals for the upcoming five years will be put forth, along with orientations on the country's policies regarding internal and external affairs. Streets have been decorated with banners, posters and national flags. Knödler remarked that 2020 was a difficult year for Vietnam. … [Read more...] about German research institutes hail Vietnam’s achievements

Most work in fields such as construction, manufacturing, agriculture and fishing, and domestic work, according to Nguyen Gia Liem, deputy head of the Ministry of Labour, Invalids and Social Affairs’ overseas labour management department. … [Read more...] about Viet Nam’s $15.7 billion remittances 9th highest globally

Dang Hung Vo, former Deputy Minister of Natural Resources and the Environment, acknowledged that the trend of investing in real estate projects in satellite cities and provinces is a given. “Once inner-city land funds become unavailable, it is inevitable that real estate developers move to the surrounding areas. As for end-users, when infrastructure develops and roads are convenient, living in neighbouring urban areas is a very good choice,” Vo said. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 24

In four consecutive years from 2016 to 2019, Việt Nam completed and exceeded the set plans, which created momentum for the country to stand firm in hard times. The country is ranked in the group of countries with the highest economic growth in the world. Its macro economy has remained stable while institutional reforms have been accelerated. These achievements are thanks to the participation and actions of the business community and people, under the comprehensive leadership of the Party. … [Read more...] about Việt Nam posts remarkable economic achievements in 2016-20 period