Economy & Money

Vietnam seeks more foreign ownership in banks acquiring weaker lenders

The allowed foreign ownership ratio in stronger Vietnamese banks that acquire struggling lenders could jump to 49%, according to a draft government decree.
Vietnam seeks more foreign ownership in banks acquiring weaker lenders

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Real estate association wants $4B credit quota hike

The Ho Chi Minh City Real Estate Association wants Vietnam’s credit quota be increased from 14% to 15% to boost the property sector.
Real estate association wants $4B credit quota hike

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Home Credit wins three categories at Vietnam HR Awards 2022

Home Credit won "Best HR for Sustainability", "Excellence in Organizational Development and Design" and "Best Talent Management Strategy" at Vietnam HR Awards 2022.
Awards received by Home Credit at Vietnam HR Awards 2022. Photo by Home Credit

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VN-Index climbs to near 2-month high

Vietnam’s benchmark VN-Index rose 4.22% to 1080.01 points Friday, highest since October 6, with no blue chip in the red.
VN-Index climbs to near 2-month high

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EVN seeks electricity price hikes

Vietnam Electricity (EVN) is seeking permission to increase retail prices as the national power provider expects losses of VND31 trillion ($1.26 billion) this year due to surging production costs.
EVN seeks electricity price hikes

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As economy stutters, China's youth seek safety of civil service

As a physics student at the elite Peking University in Beijing, Lynn Lau was expecting big Chinese private sector companies to scour the campus this summer for upcoming talent.
As economy stutters, China's youth seek safety of civil service

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Experts predict tech trends of growth strategy for 2023

Composable enterprise architecture, low-code, no-code technology and big ops are forecast to be key factors for successful customer retention, digital experts said at a recent HCMC meeting.
Top 30 digital leaders in consumer-facing enterprises gathered in a closed meeting co-hosted by Kyanon Digital, CleverTap and Talon.One. Photo by CleverTap

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Abbott's breakthrough technology transforms diabetes care

Abbott FreeStyle Libre, a wearable sensor-based technology for glucose monitoring, brings accessible and affordable healthcare solutions for diabetic patients.
Abbott Freestyle Libre 3 sensor. Photo by Abbott

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Quảng Ninh uses mine waste for construction to save the planet

The transformation is consistent with the economic transformation model from brown to green in Quảng Ninh province and developing sustainably according to the circular economy model.

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Việt Nam ensures supply and quality of export farm produce

Việt Nam has already received permission for the official export of 100 tonnes of Đắk Lắk's durian to China. The move is good for negotiating the export of other local agricultural products from Việt Nam's regions. However, Việt Nam needs to find solutions to export more of Việt Nam's agricultural products. Lê Thanh Hòa, deputy director of the Department of Agricultural Product Processing and Market, Ministry of Agriculture and Rural Development, spoke to Vietnam News Agency about this issue.

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Gold price rises

SJC gold prices went up 0.74% to VND67.2 million ($2,751.84) per tael Friday.
Gold price rises

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India officially lifts rice export ban

The Vietnamese General Department of Customs reported that the country’s rice exports reached 713,546 tonnes, worth more than US$341 million, in October, up 22.3 per cent in volume and 23.9 per cent in value compared to September.

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Three international expos open in HCM City

More than 300 leading businesses are showcasing 20,000 products in electronics and smart appliances, baby products and toys, and gifts and housewares at three expos opening in HCM City on December 1.

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