High ranking delegation

Prime Minister Pham Minh Chinh's visit to Singapore aims to affirm both nations’ desire to take their economic connectivity to new heights in the context of a series of new-generation free trade agreements (FTAs) coming into effect and being implemented. Prime Minister Pham Minh Chinh (L) and his Singaporean counterpart Lee Hsien Loong PM Chinh, his spouse, and a high-ranking delegation of Vietnam will pay an official visit to Singapore from February 8 to 10 at the invitation Singaporean PM Lee Hsien Loong. The visit takes place amid the dynamic and strong development of the Vietnam - Singapore strategic partnership across multiple fields. This year will see the two countries celebrate the 50th anniversary of their diplomatic relations and the 10th anniversary of their strategic partnership. In 2022, the exchange of delegations and high-level meetings between the two countries was maintained both regularly and effectively. This saw a trip to Singapore by … [Read more...] about PM’s Singapore visit to take economic co-operation to new heights

After the welcoming ceremony, the host and Gen. Cuong held talks. At the meeting, the commander of the Royal Brunei Armed Forces expressed his honor to receive General Cuong and the Vietnamese delegation in Brunei. He highlighted the visit, stressing that it is of special significance in boosting political trust, mutual understanding, and cooperation between the two militaries, making substantive contribution to developing the comprehensive partnership between Vietnam and Brunei. Expressing thanks to the host for the solemn reception, General Cuong believed that the visit will help deepen the flourishing relations between the two militaries. The Vietnamese chief of the General Staff underlined the constant development in the two countries’ relationship over the past time. Especially, since Vietnam and Brunei elevated their ties to the comprehensive partnership during the Sultan of Brunei’s official visit to Vietnam in March 2019, the bilateral relationship has been closer with … [Read more...] about Comprehensive cooperation between Vietnamese, Brunei militaries promoted

In an interview with the press ahead of the PM’s trip from February 8-11, Deputy Minister of Foreign Affairs Do Hung Viet stressed that the relations between Vietnam and the two countries are based on a lot of similarities in politics, economy, culture, and people-to-people exchange. The trip is of great significance, he said, noting that this is the first by Pham Minh Chinh in his new position that aims to manifest the consistent policy of prioritizing relations with neighboring countries and ASEAN, as set at the 13th National Party Congress. He added that this is also the first official visit by a leader of the Vietnamese government to Singapore over the past five years, and to Brunei over the past nearly 16 years. Therefore, the visits are expected to deepen the strategic partnership with Singapore, an important economic partner of Vietnam, and the comprehensive partnership with Brunei, also a promising economic partner, according to the official. For Singapore, the visit … [Read more...] about Prime Minister Pham Minh Chinh’s Singapore, Brunei visits look toward cohesive ASEAN

The remaining top 10 markets in the category are: Columbus, Santiago, Johannesburg, Atlanta, Nashville, Phoenix, Austin, Denver, and Chicago, according to a report released by Cushman & Wakefield Vietnam on February 2. The annual report, now in its fourth year, ranks major data centre markets around the world according to 13 weighted categories including market size, connectivity, power cost and environmental risk to determine the top overall markets in each category. According to the latest Q4 2022 Ho Chi Minh City marketbeat report, the average rental price reached $159 per sq.m per lease cycle, up 3 per cent on the quarter and 10 per cent on-year. Vietnam is a frontier data centre market Vietnam may be a frontier data centre market, but it has numerous fundamentals that would suggest great potential for development. The country currently has 70 per cent internet penetration, with an estimated 29 million people yet to get online. Over 48 per cent of Vietnam’s … [Read more...] about Ho Chi Minh City among top markets for data centre development

HDBank has achieved 105 per cent of the 2022 targets approved by shareholders. The bank hopes to maintain its high growth momentum with an average rate of more than 25 per cent in the next five years. — Photo courtesy of the bank The Ho Chi Minh City Development Joint Stock Commercial Bank has announced its results for 2022, which show it exceeded all its targets and achieved high growth. Its profit before tax was VND10.27 trillion (US$435.8 million), up 27.2 per cent from 2021 and 105 per cent of the target approved by sharehoders. Its net fee income grew dramatically, while its prudential and profitability ratios were among the best in the industry. The total operating income topped VND5.87 trillion ($249.1 million) for the fourth quarter and VND21.97 trillion ($933 million) for the entire year, a year-on-year increase of 26.8 per cent and 31.1 per cent. The net interest income grew by 29.7 per cent and the net fee income by 53.4 per cent. Operating expenses and credit … [Read more...] about HDBank profits top $436m in 2022, 105 per cent of target