VNS/VNA
2509 newsArticles by author
HDBank to offer L/C confirmation service through ADB’s TFP
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.
Vietnam to have 12 ecosystems with revenue of US$100 billion: McKinsey
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).
Sharing economic model brings massive changes to local economy: experts
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.
Supporting industry firms to get interest rate subsidy
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.
Exhibition industry struggles to survive pandemic
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 rail lines to be built in southern region
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.
Int’l cooperation essential to support agricultural development
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.
New tax decree eyes cross-border transactions
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 firms in Vietnam can reap FTAs benefits
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.
Freight and logistics stocks on the rise despite COVID-19
Freight and logistics stocks have seen major gains since the beginning of 2020 even as the COVID-19 pandemic has wreaked havoc on the economy.