Business cooperative bank

Vu Thanh Trung, deputy general director of Dong A Remittances Co., said that Japan, South Korea and Hong Kong were the major remittance resources for Viet Nam in 2019. The volume of remittances from these territories was expected to increase in 2020. … [Read more...] about Remittances to Viet Nam through banks grow by 12 per cent in 2019

A similar scene has been enacted for several days in many banks. On Tuesday (27th of the last lunar month),  the waiting room of a bank in Hanoi's Dong Da district had around 50 customers waiting at around 3 p.m. Each and every counter was occupied, and the staff had barely any time to break. … [Read more...] about Banking systems experience intense Tet surge

We arrived at the house of Mr. Nguyen Van Chin in Ham My Commune in Ham Thuan Nam District of Binh Thuan Province when he was welcoming a group of nearly ten foreign tourists. After enjoying the Southern amateur music and cai luong (reformed opera) performances, these foreign tourists were guided by Mr. Chin to visit his dragon fruit field. At the dragon fruit field, tourists learned about the different growth stages of dragon fruit plants, the method to make dragon fruit plants to flower, harvesting and preserving dragon fruits after harvesting and they had the experience of a true farmer.  ‘Awesome! They look like a cactus farm on some desert,’ a Russian tourist named Viktoryia Nanumiam said in amazement. Other foreign tourists also expressed their excitement, making the dragon fruit field more vibrant. After that, these foreign tourists continuously asked questions, such as ‘How are dragon fruit plants grown?’, and ‘Why do they need lighting … [Read more...] about Binh Thuan opens tours to dragon fruit fields

Reports show that 97 percent of Vietnam’s enterprises are small. Of these, 80 percent of private enterprises have capital of less than VND5 billion and 87 percent of private enterprises use fewer than 50 workers. An economist commented that the sector becoming a real driving force for Vietnam's economic development is still a plan on paper. … [Read more...] about State urged to remove barriers to pave way for private sector

The Asian Development Bank (ADB) today signed a $37.8 million loan deal with TTC Energy Development Investment Joint Stock Company (TTC Energy) to provide long-term financing to develop and operate a 50-megawatt (MW) photovoltaic solar power plant in Tay Ninh Province in Vietnam. … [Read more...] about ADB loan to unlock long-term financing for solar power in Vietnam