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New mechanisms to keep maritime transport sector afloat
Although there have been some positive signs in recent years, Vietnam’s sea transport sector still face difficulties with many enterprises suffering heavy losses. The maritime industry is proposing support mechanisms to help the sector out of its stagnant state.
Vietnamese enterprises to boost digital transformation
Increasing profit a few hundred percent, saving billions of dollars in technology costs, operating complex data systems in real time, transforming appropriate business models, improving operational efficiency and personalising customer experience on large-scale digital platforms at fast speed were the benefits of digital transformation.
Vietnamese banks see improved profitability
The profitability of Vietnamese banks has improved significantly, driven by growth in core income and robust macroeconomic conditions.
After delays, local banks eye listing this year
Several local banks are reportedly determined to list on stock markets in 2019 after delaying last year.
Banks earn huge services profits
Many banks have seen their service earnings accelerate, buoyed by increasing investment for the business segment and rising market demands.
Experts call for high-speed railway to ease Mekong Delta congestion
A high-speed rail route between HCM City and Can Tho will help smoothen passenger and cargo transport in the Mekong Delta, transportation experts have said.
HDBank named Asia’s best service leader by Euromoney magazine
HDBank was recently selected as Asia best service and Vietnam market leader in the “Trade Finance Survey 2019” by the English-language monthly magazine Euromoney.
Garment and fishery firms plan production growth this year
Enterprises in the garment and fishery sectors have set development plans to take full advantage of free trade agreements such as the CPTPP and EVFTA.
Kookmin Bank opens first branch in Hanoi
Kookmin Bank (under Korean KB Group) opened its first branch in Hanoi on the 25th floor of Landmark72 building on February 20 after having received approval from the State Bank of Vietnam.
About 65% of Japan firms in VN gain operating profits
About 65.3 per cent of Japanese companies in Vietnam gained operating profits in 2018, 0.2 percentage points more than in the previous year.