Corporate news

HCM City's Thu Duc city and VNPT officially opened the intelligent operation centre on October 23 after a five-month trial. — Photo courtesy of VNPT The Viet Nam Post and Telecommunication Corporation (VNPT) and Thu Duc city on Saturday (October 23) officially opened the intelligent operation centre, an important cog in helping the latter build a smart city and e-governance, after a five-month trial run. Hoang Tung, chairman of the People's Committee of Thu Duc City, said the centre would provide the city leaders with a “comprehensive and 360-degree view of ongoing activities” in terms of monitoring and managing all government services. “It [is] a ‘digital brain’ of the city that supports its leaders in administrative management to better serve the public and businesses.” It serves areas like administrative management, including socio-economic data analysis, and handling administrative procedures, getting feedbacks from the public, electronic document management, monitoring …

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With its outstanding business results and accompanying the economy in overcoming the pandemic, HDBank affirms position among top five prestigious banks in Viet Nam. — Photo courtesy of the bank HDBank has once again been honoured as one of the most prestigious private institutions in the country by Vietnam Report, affirming its position as among the most dynamic banks in terms of growth. The award was presented at the Vietnam Top 50 Public Companies (VIX50) in 2021 ceremony organised by Vietnam Report on October 21 in Ha Noi. Techcombank, ACB, VPBank, and TPBank also won awards. The awards were based on three criteria: financial capacity as shown in the latest year's financial statements; communications prestige assessed by media coding method; and surveys of relevant stakeholders done in June 2021. HDBank did well in all three criteria. Its positive business results in the first six months of 2021 was a bright spot. Overcoming the adverse impacts of the COVID-19 …

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A patient at the Hoan My Thu Duc International General Hospital in HCM City’s Thu Duc city. — Photo Courtesy of the hospital Hoan My Thu Duc International General Hospital in HCM City’s Thu Duc city has resumed its normal function as a general hospital after more than two months of exclusively treating COVID-19 patients. Its emergency aid system operates 24x7, and it has a tele-health unit. In the last two months it treated nearly 800 patients with moderate and severe COVID, limiting sequelae and enabling them to rapidly return to normal life. Those who recovered include many who had been in severe or life-threatening condition. Many pregnant women who had contracted COVID delivered safely at the hospital, with the babies being taken care of to avoid transmission from their mothers. All were discharged after treatment from the hospital. Nguyen Tuan, its director, said to enable reconversion as a general hospital, “Procedures for strict infection control have been followed …

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Medical workers at HCM City’s People’s Hospital 115 and Hung Vuong and Thu Duc hospitals receive a donation of more than 50,000 Fami milk packs from Vinasoy on the occasion of Vietnamese Women’s Day on October 20. — Photo Courtesy of Vinasoy Vietnam Soya Products Company (Vinasoy) has donated more than 50,000 Fami milk packs to medical workers at the People’s Hospital 115 and Hung Vuong and Thu Duc hospitals in HCM City to mark Vietnamese Women’s Day, October 20. It was done as part of a campaign called ‘Yeu thuong la se chia’ (To love is to share). Vinasoy, established in 1997, ranked among the five largest soymilk companies in the world for three continuous years until 2020, according to GlobalData UK, which provides unique data, expert analyses and solutions to companies in the world's largest industries. It set up a soybean research and application centre in 2013. — VNS …

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PVI Insurance representatives hand-over VNĐ1 billion to support health-care staffs in Southern provinces. — Photo courtesy PVI Insurance PVI Insurance is mong the country’s top 50 profitable companies in 2020-21, according to the PROFIT500 Ranking by Vietnam Report Joint Stock Company and VietnamNet. It ranked 66th out of 500 private enterprises, up nine places from 2019-20, and 133rd in all sectors, up 20 places. According to a survey of companies by Vietnam Report, increasing investment in digital transformation is the top business strategy to deal with the fallout of the COVID-19 pandemic. Their five expectations when investing in digital transformation are accelerating revenue growth; managing, analysing, and tracking data in a timely and accurate manner; saving costs and achieving operational efficiency; improving labour productivity; and strengthening competitiveness. PVI Insurance, the market leader in non-life insurance in Vietnam, consistently implements the …

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The new KIDO Bakery cakes. KIDO Group returns to the confectionery market after six yearss. — Photo Courtesy KIDO Group KIDO Group, is back in the confectionary market six years after selling its snack business to a foreign company. On Tuesday it launched three products under the KIDO Bakery brand, Singapore floss bun, Boba and salted egg yolk cake and Kido brioche tressee. They are now sold through 45,000 sales points and modern channels like convenient stores, mini supermarkets, e-commerce platforms, and the new Chuk Chuk food and beverage stores. On the same day, the company also announced its third quarter results, with net revenues for the first nine months of the year rising by 24 per cent year-on-year to VND7.4 trillion (US$326.4 million). Profit before tax jumped 42 per cent to VND480 billion ($21.2 million). The company has been transforming its distribution channels to respond to the COVID-19 pandemic, selling through modern channels including e-commerce …

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Gojek, Southeast Asia’s leading mobile on-demand services platform, introduces a cashless payment feature on its app in Viet Nam. — Photo courtesy of the company Gojek, Southeast Asia’s leading mobile on-demand services platform, has announced the launch of a cashless payment feature on its app in Viet Nam. Users now have the option of using Visa, Mastercard and JCB credit and debit cards to pay for transport and online food delivery services on the app. The launch is part of Gojek’s response to users’ feedback requesting more payment options, especially with the growing shift to contactless and digital payments amid the COVID-19 pandemic, and the government’s efforts to move towards a cashless society. Phung Tuan Duc, general manager of Gojek Vietnam, said: “Cashless payments is one of the most important launches for Gojek Vietnam this year. Our users have expressed their desire for digital payment options, especially with the COVID-19 pandemic accelerating the shift to …

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Students at a primary school taking part in the financial education programme for children, Cha-Ching. — Photo courtesy of Prudential Prudential Vietnam Assurance and Junior Achievement Vietnam have joined hands for a third year for the financial education programme for children, Cha-Ching. In 2021-22 it will be expanded to a further 84 primary schools in Ha Noi and Hung Yen to help improve the financial management skills of more than 22,000 students. It focuses on the basic money management concepts of earn, save, spend, and donate. Contests based on the programme’s contents will also be organised, creating opportunities for students to practise skills they acquired through it. In the last two academic years the programme helped nearly 26,000 students at 103 primary schools improve the skills through training by 700 certified teachers . Over the past year, despite COVID-19, Cha-Ching activities have been maintained online. Classes for students and teacher training …

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Hoang Tri Mai, the new managing director of Airbus in Viet Nam. — Photo courtesy of the agency Airbus has appointed Hoang Tri Mai as the new managing director of the firm in Viet Nam. Mai succeeds Jean-Michel Caldagues, who will retire from Airbus at the end of 2021, following 21 years with the company. In this role she will be responsible for overseeing all Airbus activities in the country, including support for sales and managing relationships with the government and industrial stakeholders, Airbus said in a statement. Mai joins Airbus from Rolls-Royce, where she led operations as Country Head for Viet Nam, Laos, Cambodia and the Philippines. “Viet Nam is a key market for Airbus and across all areas of the business. In addition, we have several important industrial partnerships in the country. We look forward to Mai developing our strong presence, working closely with our customers, partners and other stakeholders,” Anand Stanley, President of Airbus Asia-Pacific, said. — …

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Passenger buses at Giáp Bát station in Hà Nội. The transport companies are planning to operate at their maximum capacity to compensate for the sales lost in the last three months. — VNA/VNS Photo Hoàng Hiếu By Mai Hương HÀ NỘI — As the COVID-19 pandemic has seriously impacted the implementation of Việt Nam’s economic development plans, the National Assembly (NA) and Government have been proactively and urgently deploying stimulus packages to quickly restore the economy and leverage growth. The latest Resolution 406/NQ-UBTVQH15, issued by the National Assembly on October 19, is regarded as a correct and timely policy, and was well received by enterprises. The Resolution offers support for enterprises and individuals affected by COVID-19 through tax reductions with a total value of up to VNĐ21.3 trillion (US$926 million). The beneficiaries will enjoy direct tax reductions which is considered more practical than the extension of tax payments in previous support packages. …

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