World bank capital capital

With its relationships with more than 400 agents who are banking institutions and strategic co-operation with many leading Vietnamese and international partners, HDBank has extensive international payment operations and its international payment services quality is recognised also by other leading lenders such as Wells Fargo, Deutsche Bank, Citibank, and BHF – Bank. … [Read more...] about HDBank wins award for outstanding international payment service for 3rd consecutive year

Michael Piro, COO, Indochina Capital We are currently observing a lot of foreign capital looking to invest in offices and industrial properties. Foreign investors selling their assets in Vietnam does not mean they are withdrawing from the market, they are just diversifying their portfolio. … [Read more...] about Seizmic shifts in Vietnamese real estate market

“As per our calculations, revenues from state-owned enterprises, foreign-invested enterprises, and non-state enterprises have and will in 2020 continue to drastically reduce as compared to 2019,” Hien said, adding, “Unpaid debts remain at a very high level. As of September 30, the figure was VND106.5 trillion ($4.63 billion), up 23.3 per cent against the end of last year. The main cause is that the COVID-19 pandemic, natural calamities, and climate change have badly affected enterprises’ production and business activities in all sectors.” … [Read more...] about Budget rise to cushion country’s growth hopes

Along with that, it is essential to retain high-quality human resources for them to stay for a long time and make contributions. At the same time, it is necessary to continue to promote the convenient location of SHTP for it to deserve the choice and create the attractiveness of Ho Chi Minh City. In response to the recommendations of the SHTP Management Board, Mr. Nguyen Van Nen requested related agencies to promptly remove difficulties and obstacles to contribute to the development. … [Read more...] about HCMC develops SHTP associated with Thu Duc City

The Fintech industry is thriving in Vietnam with the market value expected to increase from 4.4 billion USD in 2017 to 7.8 billion USD by 2020. Commenting on the national digital transformation Project, technology experts said that the Sandbox legal framework both creates a fair competition for domestic businesses and those providing cross-border services to Vietnam, and helps Fintech companies in particular and startups in general test many new technologies, contributing to digital economic development. The digital economy is a global trend of the technology 4.0 era, an opportunity and also a challenge of Vietnam's economy in the new period./. VNA … [Read more...] about Digital transformation: The key to digital economy development