Saigon Heat have took the title of the Vietnam Basketball Association (VBA) 2020 after beating Thang Long Warriors three games to one in the finals.

HDBank is offering confirmation for letters of credit issued by foreign banks within the framework of the Asian Development Bank (ADB)’s Trade Finance Programme, becoming one of the few banks in Vietnam to provide the service through the ADB programme.

Twelve large ecosystems will be established across retail and institutional services in Vietnam by 2025, constituting a revenue pool of about VND2.4 trillion (US$100 billion).

The Central Institute for Economic Management (CIEM) organised a workshop in Hanoi on December 8 to collect comments from relevant units on the report on impacts of some major types of sharing economy before submitting it to the Government.

Companies in the supporting industry will get an interest rate subsidy from next year in an effort to promote the development of the part-supply industry, said Pham Tuan Anh, Deputy Director of the Industry Agency under the Ministry of Industry and Trade.

The exhibition industry is expected to start recovering by the middle of next year and rebound in 2022 if the COVID-19 pandemic is brought under control in the next few months, industry insiders said.

Five new high-speed rail lines between Ho Chi Minh City and southern provinces expected to be built by 2025 would help to ensure smooth transport of goods and improve logistics services and connections between major seaports.

The International Support Group’s Plenary Meeting for 2020 will be held on December 11 to promote global cooperation to support agricultural and rural development in Vietnam during the COVID-19 pandemic.

Cross-border transactions are in the crosshairs as Decree 126/2020/ND-CP - the latest regulation on tax administration - is to come into effect on December 5, said senior tax officials in a recent press conference.

Korean businesses investing in Vietnam can capitalise on preferential treatment under free trade agreements (FTAs) that Vietnam has signed to boost exports, an official has said.