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In addition, the cross-ownership among CIs is also handled thoroughly. The direct cross-ownership between pairs of CIs was removed from the end of 2019 while there is only one pair of a CI and a firm directly owning shares of each other compared with 56 pairs in 2012. … [Read more...] about Vietnam’s credit institutions must speed up restructuring to meet deadline

Human resource development is promoted, especially high-quality human resources, and more closely linked with market demand. National scientific and technological potential has been strengthened. Some fields of natural sciences have reached regional and international advanced level. Our country is capable of successfully designing and manufacturing a lot of technology and equipment to international standards. The system of key laboratories and specialised laboratories continues to be paid attention to. Research infrastructure in some key fields such as biotechnology, petrochemical, materials, automation, nautical, computing technology and medicine has been strengthened. … [Read more...] about Science and technology one of the country’s major policies: official

The municipal People’s Committee assigned the Department of Industry and Trade and the Saigon Times Group to launch the award. The award attracted 64 enterprises in different industries within one month after launch. It will be held annually. The 30 enterprises are leading companies or at the top of their business and production industries. Their total revenue in 2019 reached nearly 252.8 trillion (11 billion USD), or 21.8 percent of the city’s total revenue of retail sales of consumer goods and services. Their total after-tax profit reached almost 32.7 trillion VND. According to the evaluation of the Voting Council, most of the products and service brands of the winning enterprises have undergone a long process of establishment and development. They have had a firm position in the marketplace and a good reputation in customers’ minds and made active contributions to the city’s economic development. Bui Ta Hoang … [Read more...] about Thirty businesses win HCM City Golden Brand Award