Low credit growth has made large banks curb capital mobilisation and implement solutions for attracting borrowers.
Though deposit interest rates listed at commercial banks have decreased rapidly after the State Bank of Vietnam's (SBV) policy rate cut, savings of individual customers have kept rising.
Vietnamese athletes have arrived in Germany to attended the Special Olympics World Games, the world's largest sporting event for athletes with intellectual disabilities, autism and cerebral palsy.
Agriculture has long been the backbone of Vietnam’s economy for a number of comparative advantages, such as cultivated land, forest cover, sea territories, tropical climate, and available and cost effective labour, according to Surajit Rakshit, head of Global Trade and Receivables Finance, HSBC Vietnam.
Vietnam and Malaysia, one of its most important trading partners, have set a bilateral trade target of US$18 billion by 2025.
Celebrating five years of business in Myanmar, Mytel, a brand of Viettel Group in Myanmar, is the leading operator in terms of market share and service quality in this country.
Vietnamese people are optimistic about the improvement of their personal finances but the vast majority are anxious about how they will manage their health, a Manulife survey has revealed.
Brazil is Vietnam’s trading partner in Latin America and one of the three largest markets of Vietnam in the Americas market, according to the Vietnam Trade Office in Brazil.
Vietnam’s is seeking investment in clean energy as part of its scheme to develop a carbon market in order to achieve net zero emissions by 2050.
The Ministry of Finance has proposed to develop a resolution to exempt late tax payment penalties for loss-making enterprises in 2022, but enterprises said a more comprehensive solution is needed to support them to earn profits and revenue, and gain orders to overcome the current difficult period.