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Domestic insurance market expects double digit growth in 2022
The country’s total insurance premium revenue in 2022 is estimated at VND253.7 trillion (US$111.1 million), up 18.04% compared to 2021, according to the Department of the Insurance Supervisory Authority.
Cybersecurity crucial for ongoing digitisation of banking industry: researchers
Cybersecurity is one of the central issues in the digital transformation of the banking system.
Ugandan dancer brings African cuisine to Vietnam
During the extended COVID-19 restrictions last year, many expats in Vietnam had their lives turned upside down, many decided to return home, but for Abdul Dogday, COVID-19 was a good chance to bring the culture of his country to the Vietnamese community.
Most credit institutions upbeat about business performance in 2022
A majority of credit institutions are optimistic about their business performance in 2022, according to the latest survey by the State Bank of Vietnam (SBV).
Expanded credit growth quota supports firms in recovery
The State Bank of Vietnam (SBV)’s expansion of credit growth quotas for commercial banks has created favourable conditions for lenders to boost lending as a way of supporting capital sources for individuals and firms to recover after the COVID-19 pandemic.
Retail to bounce back strongly in 2022
Large retail firms are to gain even more market share this year as smaller competitors have been forced to exit the game after prolonged lockdowns and mobility restrictions during recent years, said industry experts.
China remains largest consumer of Vietnamese farm produce
Despite the recent backlog of vehicles at customs posts, China was still the largest consumer of Vietnamese fruit and vegetables in 2021.
Children's Tet paintings celebrate New Year
A selection of 57 paintings by children are on display at the New Spring – New Artworks exhibition in celebration of the coming Tet (Lunar New Year) holidays in the central city of Da Nang.
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HCM City’s economy hits sharpest decline on record
Ho Chi Minh City’s economy shrank by 6.78% in 2021, the sharpest yearly decline on record, according to the municipal Statistics Office, as stringent COVID-19 restrictions took their toll.
Expert believes star pair should ply their trade elsewhere
ESPN football pundit Gabriel Tan believed that it’s time for Vietnam’s Nguyen Quang Hai and Nguyen Hoang Duc to ply their trade elsewhere.