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Net interest income (NII) for the first half grew to VND8.1 trillion, up 23 per cent from the same period last year. Net Fee and Commission Income (NFI) was VND2 trillion, posting 57 per cent year-on-year increase. NFI was 16.8 per cent of TOI as compared to 13.8 per cent in the first half of 2019, with a strong contribution from bond underwriting activity during the period. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES AUGUST 3

HCM City (VNS/VNA) - Heavy rains and strong winds damaged houses and caused erosion along riverbanks and coastal areas in the Cuu Long (Mekong) Delta over the weekend (August 1-2). In Can Tho city, heavy rains and strong winds blew off the roofs of six houses and flattened many trees along streets in Ninh Kieu district on August 2, according to the city’s Steering Committee for Natural Disaster Prevention and Control, Search and Rescue. The city cleared fallen trees on the same day and traffic resumed to normal. There were no casualties. Over the weekend, the city faced heavy rains on a large scale caused by the impact of Sinlaku, which was the second storm hitting the country this year which weakened to a tropical depression when it landed in the north-central region on August 2. In Hau Giang province, three houses were flattened and the roofs of three other houses were blown off in Long My district and Vi Thanh city. Tran … [Read more...] about Heavy rains, strong winds damage houses in Mekong Delta

Customers will be able to purchase the discounted tickets through the website www.vietjetair.com and via the mobile app as soon as they go on sale on June 11, providing the flight dates are between September 6 and December 31. With regard to the eight new routes being launched by the airline, the promotion will be applied from June 18 to October 24, with the exception of public holidays. … [Read more...] about Vietjet Air offers budget fares from US$0.35 on eight new routes

The passenger plane VJ322 which flew in from Phu Quoc island slid off the runway before it came to a stop at the grass airfield. After the plane stopped on the grass, all passengers were evacuated to the terminal and none of them were injured. The plane was not damaged by the incident. … [Read more...] about Vietjet Air plane veers off runway, passengers are safe

In 2013, the Ministry of Science and Technology’s Intellectual Property Office of Vietnam granted late-maturity longan grown in Dai Thanh the Dai Thanh Quoc Oai agricultural collective trademark. Since then, Dai Thanh late-maturity longan has been exported to a number of countries and sold in supermarkets and safe farm produce stores in Hanoi. As a special farm produce of Hanoi and a strategic crop of Quoc Oai District, late-maturity longan has helped improve incomes of many farmer households in the region. … [Read more...] about Hanoi boosts farm produce branding