Changing top managers was a highlight of Vietnamese banks in 2015.
While economist warn that state-owned enterprises’ debts will pose a threat to national financial security, SOEs say that the big debts have been unavoidable.
Three years ago, a 4K 42-inch TV cost VND300 million, but now sells for VND12 million.
Some fish can be used for medical treatment or can bring good luck. They are sold at very high prices.
Four commercial banks have taken over finance companies, and other banks are consulting with their shareholders about buying such firms to expand their consumer lending.
Cancer is becoming a health calamity in Vietnam as the disease’s burden accounts for 66% of total disease costs and badly affects to the socioeconomic growth.
Seaports in Vietnam have not been exploited in a reasonable way: some of them are overloaded, while many others have been unused.
The world’s leading conglomerates have spent hundreds of millions of dollars to acquire valuable startups from Vietnamese-born founders.
The renowned watchmaker, Speake-Marin has just introduced a new limited edition product with the image of traditional patterns and iconography on the Vietnam’s Dong Son drum.
The irrecoverable debts of 12 Vietnamese commercial banks by September 30, 2015 had reached VND23.522 trillion, which accounts for 65% of bad debts, representing a 15% increase from the 50% reported in mid-2015.