Vietnamnet
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The eye-catching positions at mobile phone shops in Hanoi and HCM City are now reserved for Oppo, Huawei and Vivo products, next to the areas reserved for the bestsellers of Samsung and Apple.
The State Bank (SBV) said the process of converting 70 million magnetic cards into chip cards needs to be accelerated to prevent Vietnam from becoming the favorite destination for card crimes.
Loss, inability to access bank loans, unreasonable policies and investors’ indifference all are putting pressure on the CEO of agriculture startups.
The funds managed by Alp Asia Finance have become a shareholder of Asia Commercial Bank (ACB) since May 7, holding a 10% stake of the bank. Whistler Investments Limited and Sather Gate Investments Limited both have 102.2 million ACB shares, each of which holds 51.1 million.
Finance technology solutions are growing rapidly in Asia Pacific. In Vietnam, all conditions are favorable to pave the way for the fintech market to boom.
The FMCG sector in Vietnam is predicted to continue to have a growth rate of 20% per annum until 2025.
Foreign investors have been net sellers over a couple of weeks, but this does not mean they are leaving Vietnam, experts say.
New World, Diamond Plaza and other imposing construction works are considered symbols of a dynamic Ho Chi Minh City.
Besides quality of products, distribution networks determine who will win the competition in the FMCG (fast-moving consumer goods) market.
Online sellers now are not fighting for profit but for market share, analysts say.