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Vietnam’s forex reserve sets new record
Vietnam’s foreign exchange reserve has hit a new record high of US$92 billion, a significant expansion from US$84 billion which Governor of the State Bank of Vietnam Le Minh Hung revealed in April.
HCM City seeks ways to increase exports
Ho Chi Minh City’s Department of Industry and Trade has unveiled a project to promote exports over the next five years.
Da Nang calls for US$2 billion investment in 2021-2025
The central city of Da Nang has called for total investment of VND47.5 trillion (US$2 billion) from the State Budget and foreign sources for the development of 38 projects between 2021-2025, focusing on transport and traffic.
More Vietnamese consumers now shop online
Online shopping and electronic payments in Vietnam have become more common in recent years as more of the country's population gains access to the internet.
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.
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.