Yadens auto sales

While 68% of training institutions in the country reported feeling well-equipped for 4IR, this was a lower rate than Cambodia who recorded 73%, the Philippines with 81%, and Indonesia at 95%. In addition, there is also a mismatch in perceptions between training institutions and employers in terms of the readiness of graduates to work. Only 4% of domestic training institutions reported using online training platforms, while 18% reported using augmented reality and virtual reality tools for training purposes. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 21

In December 2020, the country's exports and imports grew 17.8 per cent and 23.1 per cent, respectively, recording the highest growth rates since the outbreak of the coronavirus. The country's trade balance reached $279.6 million, continuing an eight-month streak of surpluses and ending the year with a record total of $19.3 billion. … [Read more...] about Vietnam eyes strong recovery from pandemic this year

Revenues jump by up to 37 percent In recent days, many supermarkets have seen lots of footfalls. At certain times of the day, customers have to wait in line for their turn to pay. Ms. Nguyen Minh Ha, a customer of Co.opmart Nguyen Dinh Chieu in District 3, shared that this year her family decided not to travel but to stay in the city to celebrate the Tet holidays. So, when she had free time, she visited supermarkets to buy decorative products for her house and food to make many delicious dishes for her family. Mr. Nguyen Anh Duc, CEO of Saigon Co-op, said that in the first week of January this year, the purchasing power of the whole network surged by 37 percent compared to the previous week. Revenues surged robustly in a wide range of essential commodities, from fresh and processed foods, cosmetics, kitchen appliances to garments. The purchasing power at supermarkets in other provinces and cities has also increased well, especially at newly-opened supermarkets, such as Thap Muoi … [Read more...] about Purchasing power for Tet goods flourishes

Mr. Tran Hung Huy, Chairman, ACB, shared: “ACB takes a long term view in selecting our exclusive bancassurance partner and we are excited to start the 15-year journey with Sun Life to bring the full suite of financial services to our customers”. Mr. Do Minh Toan, CEO and President, ACB, said: “Sun Life, with its strong legacy in insurance business globally and strong commitment to Vietnam, and ACB, with our execution excellence, will together build a leading bancassurance business in Vietnam.” … [Read more...] about Asia Commercial Joint Stock Bank and Sun Life Vietnam announce a 15-year exclusive bancassurance partnership in Vietnam