Vietnam world’s ninth biggest recipient of remittances

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SaigonTimes English 4 day(s) ago 2 related news

Vietnam world’s ninth biggest recipient of remittances

HCMC - Vietnam came in ninth among the countries that received the most remittances last year, according to a migration and development brief recently announced by the World Bank (WB).

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Vietnam caught in middle-income trap – Japan expert

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SaigonTimes English 4 day(s) ago 1 related news

HANOI - Japanese expert Kenichi Ohno on April 15 reiterated his view that Vietnam has been caught in a middle-income trap though other specialists have objected to his statement recently.

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Rising input costs pull shrimp prices down in delta

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SaigonTimes English 5 day(s) ago

Rising input costs pull shrimp prices down in delta

CAN THO – Unprocessed shrimp prices in the Mekong Delta region have fallen this month as processors have pushed them down to compensate for their own higher costs.

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Vietnam wins 800,000-ton rice export contract

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SaigonTimes English 4 day(s) ago 1 related news

Vietnam wins 800,000-ton rice export contract

HCMC - Vietnam has won an international tender to export 800,000 tons of rice to the Philippines, said Nguyen Hung Linh, chairman of the Vietnam Food Association (VFA).

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Expert warns of personal info vulnerability

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SaigonTimes English 6 day(s) ago 1 related news

HCMC - Nguyen Dang Hung, deputy general director of Smartlink Card Services Joint Stock Co., has urged people to exercise greater caution in online transactions though the Heartbleed bug has yet to hit the security systems of commercial banks as confirmed by the central bank.

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HCMC has new deputy Party secretary

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SaigonTimes English 4 day(s) ago

HCMC has new deputy Party secretary

HCMC - To Huy Rua, member of the Politburo and head of the Party Central Committee’s Personnel Commission, on April 15 announced the Politburo’s decision to pick Vo Van Thuong as deputy secretary of the HCMC Party Committee in the 2010-2015 term replacing Nguyen Van Dua, who retired on April 1.

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M&A deals seen more active in banking sector

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SaigonTimes English 6 day(s) ago 1 related news

HCMC – The banking sector looks set to have more mergers & acquisitions (M&A) deals struck this year as numerous banks are putting forth their merger schemes in the ongoing annual general meeting (AGM) season.

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Bank information security fine – c.bank

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SaigonTimes English 6 day(s) ago 1 related news

HCMC – The central bank has said with confidence that the banking sector’s e-banking services remain safe. The State Bank of Vietnam’s assurance came after the media reported around 15 e-banking websites owned by commercial banks and payment portals in Vietnam had become vulnerable to the Heartbleed bug.

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Vietnam’s global competitiveness slides

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SaigonTimes English 5 day(s) ago

Vietnam’s global competitiveness slides

HCMC - Vietnam’s economy has seen its global competitiveness waning as a result of its improper development model, says a report by the HCMC Party Committee.

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Cars in Vietnam more expensive than in regional nations

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SaigonTimes English 5 day(s) ago

HANOI, HCMC - Vietnamese consumers have to buy an automobile at a price nearly VND300 million higher than in regional markets, said the Industrial Policy and Strategy Institute under the Ministry of Industry and Trade.

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Long Thanh airport project to go before Gov’t, NA soon

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SaigonTimes English 4 day(s) ago

Long Thanh airport project to go before Gov’t, NA soon

HCMC - The big-ticket Long Thanh international airport project has won approval of an evaluation council to go before the Government and the National Assembly (NA) although there are a number of issues needing clarifying.

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JW Marriott Hanoi opens award-winning Crystal Jade restaurant

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SaigonTimes English 4 day(s) ago

JW Marriott Hanoi opens award-winning Crystal Jade restaurant

JW Marriott Hanoi has unveiled its fine dining Chinese restaurant Crystal Jade Palace in Hanoi.

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New Vuvuzela beer club in town

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SaigonTimes English 6 day(s) ago

Guests will be treated with a panoramic view of the city and more than 60 beer types at a new Vuvuzela club, which will be in service on April 20 on the rooftop of the shopping center Zen Plaza in HCMC’s District 1.

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Auto sales bounce back strongly

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SaigonTimes English 4 day(s) ago

Auto sales bounce back strongly

HCMC - Domestic auto sales picked up strongly in March after a decline in the previous month due to the week-long traditional Lunar New Year holiday, or Tet, prompting the Vietnam Automobile Manufacturers’ Association (VAMA) to revise up its forecast for auto sales this year.

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Sedan sales rise despite economic slump

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SaigonTimes English 5 day(s) ago

Sedan sales rise despite economic slump

HCMC – Despite the protracted economic malaise forcing consumers to tighten spending, sales of luxury cars grew beyond market expectations in the first quarter.

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