Forbes Vietnam rates top 50 companies

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Báo Dân Trí English 6 hour(s) ago

Forbes Vietnam rates top 50 companies

Forbes Vietnam Magazine has named the top 50 listed companies of the year in the local stock markets.

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Bond issuances put pressure on bank interest rates

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Báo Đầu Tư English 8 hour(s) ago

Bond issuances put pressure on bank interest rates

Bank mobilisation and lending rates are predicted to rise. Nguyen Ngoc Hoa, a member of National Assembly’s Economic Committee and also deputy director of Ho Chi Minh City Department of Industry and Trade, sheds light on its impact on business performance as well as the inflation situation.

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Industry pushes for electronic payments

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VietStock FI English 10 hour(s) ago

With the e-commerce law hoped to be passed before the end of the year, industry experts said it is important for Cambodian businesses to begin to encourage e-commerce activity, with an emphasis on electronic payments systems.

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US to step past EU as Vietnam’s top market for footwear

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Báo Đầu Tư English 23 hour(s) ago

US to step past EU as Vietnam’s top market for footwear

With export revenue for Vietnamese footwear and handbags hitting nearly $4.1 billion in 2015, the US is likely to surpass the EU to become the largest import market of Vietnamese footwear products, as more local shoemakers are scaling up their production ahead of the Trans-Pacific Partnership.

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Textilers hitch their wagon to US market

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Báo Đầu Tư English 23 hour(s) ago

Textilers hitch their wagon to US market

If one asks which local sector has distinguished itself in terms of export quality and quantity to the US market over the past two decades, the textile and garment industry is most likely the obvious answer.

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Solid prospects lie in wood exports to the US

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Báo Đầu Tư English 23 hour(s) ago

Solid prospects lie in wood exports to the US

The US is currently Vietnam’s largest export market for timber and wooden furniture, generating $2.64 billion in export value in 2015, which accounted for nearly 39 per cent of Vietnam’s total export value for this sector. Industry experts predict that this figure will double following the enforcement of the landmark Trans-Pacific Partnership Agreement.

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Bangkok Bank targets 18 percent growth in Vietnam: report

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Báo Thanh Niên English 1 day(s) ago

Bangkok Bank, Thailand’s largest lender by assets, has more than tripled its registered capital in Vietnam as it targets an ambitious loan growth of 18 percent this year.

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Putting Vietnam’s banks on the map

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Báo Đầu Tư English 1 day(s) ago

Putting Vietnam’s banks on the map

Although the local banking sector might be one step behind its regional peers, the formation of the ASEAN Economic Community has set the local industry on a definite path of committed changes that should prepare it for any upcoming challenges.

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Vietinbank honored as Best Retail Bank Viet Nam 2016

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Báo điện tử CP English 4 day(s) ago

Vietinbank honored as Best Retail Bank Viet Nam 2016

VGP – The Viet Nam Joint Stock Commercial Bank for Industry and Trade (Vietinbank) has been honored as the Best Retail Bank Viet Nam 2016 by the Global Banking and Finance Review.

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Five-month cashew nut exports exceed US$1 billion

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SaiGon GP English 6 day(s) ago

Five-month cashew nut exports exceed US$1 billion

According to Mr. Nguyen Duc Thanh, chairman of the Vietnam Cashew Association, in the first five months of this year, cashew industry exported more than 118,000 tons of cashew nuts, bringing in about US$1.1 billion, exceeding export plan in both volume and value.

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Automobile import from Thailand strongly grows

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SaiGon GP English 6 day(s) ago

Automobile import from Thailand strongly grows

The Ministry of Industry and Trade reported that Vietnam imported 29,054 automobiles worth US$732.64 million in the first four months this year. The number includes 10,155 CBU (completely built unit) ones from Thailand, making it the leading exporter of this item to Vietnam.

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Sugar industry faces difficulties

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Báo Đầu Tư English 1 week(s) ago

Sugar industry faces difficulties

The nation's sugar industry might be harmed by increased imports of sugar if the Ministry of Industry and Trade's proposal to import an additional 200,000 tonnes is approved.

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Logistics firms seek growth

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SaiGon GP English 1 week(s) ago

Logistics firms seek growth

The logistics industry in Việt Nam, which is expected to develop strongly in coming years, needs a new legal framework that would address future growth and its participation in a more competitive international environment, an official of the Việt Nam Institute of Logistics said at a seminar held in HCM City yesterday.

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Domestic cement consumption increases more than 15 per cent

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Báo Đầu Tư English 2 week(s) ago

Domestic cement consumption increases more than 15 per cent

Cement and clinker consumption in the country grew over 15 per cent, to 24 million tonnes, from the beginning of this year, meeting 32 per cent of the year's target.

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Customer needs steer bank trends

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Báo Đầu Tư English 2 week(s) ago

Customer needs steer bank trends

To encourage foreign investment in its banking sector, Vietnam will need to clear up the remaining challenges and let bank customers drive direction and future banking demand.

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