The COVID-19 pandemic has speeded up the banking sector’s awareness of digitisation by three to five years and forced lenders to accelerate the process to survive and grow.
The Korea International Cooperation Agency (KOICA) will select Korean consultants to conduct a feasibility study for the second phase of Metro Line No. 5 in Ho Chi Minh City.
VOV.VN - Overseas remittances to Vietnam are projected to fall slightly from US$17 billion last year to more than US$15.6 billion this year, reported the World Bank.
For its almost 100 percent success rate in straight-through processing, the Ho Chi Minh City Development Joint Stock Commercial Bank has received the MT202 and MT103 STP awards for international payment services from J.P. Morgan Chase Bank.
VOV.VN - The logistics sector is widely regarded as a key ingredient for Vietnam's competitiveness and inclusive growth, although the country’s logistics costs remain high in comparison to the regional and global average, according to insiders speaking at the Vietnam Logistics Forum 2020 held on November 26 in Hanoi.
The Operations Centre of the State Bank of Vietnam, on November 24, adjusted down both the buying and selling rates for the US dollar, the first adjustment made so far this year.
Outstanding loans in Vietnam exceeded VND8.79 quadrillion (US$378.74 billion) as of November 17, an increase of 7.26% from the end of 2019, according to the State Bank of Vietnam (SBV).
Connectivity between banks, businesses, and farmers in value chains is essential for Vietnamese goods to enter the EU market, a workshop in Hanoi on November 20 heard.
The Vietnamese dong (VND) will remain stable for the rest of the year but may appreciate by 0.5% in 2021, VNDirect Securities Corp forecast.
Vietnam has showed its hope that negotiations between Israel and Palestine will be resumed soon, and called on the international community to create favourable conditions for the talks.