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Banks’ profit forecast to drop significantly in H2
The pre-tax profit of the banking system in the second half of this year is estimated to fall 22.1% compared to the same period last year due to an increase in provisions for risky loans in the wake of the COVID-19 pandemic.
PM approves programme to boost productivity
Prime Minister Nguyen Xuan Phuc has approved a national programme on supporting enterprises to improve productivity and the quality of products and commodities in the next 10 years.
90% of Vietnamese millionaires invest in real estate
While COVID-19 continues to impact the whole economy, most millionaires in Vietnam have been investing in the real estate market.
Smart cities in Vietnam hold solution to pandemic
Smart cities hold the answer to the modern world's problems including rising population, pollution, traffic congestion, climate change and even global-scale disasters such as the COVID-19 pandemic, according to experts.
New circular helps perfect financial products and stock market: expert
The State Securities Commission’s draft circular to replace an older one on the guidelines for securities trading is in line with modern trends, perfecting financial products and their diversities.
Int’l card organisations continually urged to cut fees
The Vietnam Banks Association is urging international credit and debit card companies to reduce a number of fees, as the country continues to battle the COVID-19 pandemic.
Strict COVID-19 preventive measures needed at HCM City's markets
Many traditional markets in Ho Chi Minh City are paying more attention to COVID-19 prevention, but some small traders and local residents are not taking necessary precautions.
Short tours in favour for National Day
People nationwide will enjoy a one-day holiday on September 2 to celebrate the country’s National Day and safe holidays are the order of the day amid the COVID-19 pandemic.
Vietnamese aviation industry dejected as COVID-19 returns
The second wave of COVID-19 that began at the end of July, the peak summer travel period, has disillusioned airlines that had earlier begin to hope for a recovery.
Lai Chau develops community tourism
The northern province of Lai Chau, situated 450km northwest of Hanoi, is not as popular a destination as Sa Pa in Lao Cai Province or Moc Chau in Son La Province. Yet it has a primitive and mysterious beauty that is well worth exploring.