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IFC fully divests from ABBank
24-05-2024 07:33
International Finance Corporation (IFC), a member of the World Bank Group, has sold 84.8 million shares or an 8.2 per cent stake in ABBank, according to a planned divestment roadmap.
ESG funding for sustainable growth
23-05-2024 11:01
In the landscape of modern business, environmental, social, and governance (ESG) considerations have become key factors shaping corporate strategies and investing decisions. Vietnam stands at a crucial juncture where embracing ESG principles is essential for sustainable development and for maintaining competitiveness in the international market.
Sumitomo Corporation pursues carbon neutrality at Vietnam project under AZEC platform
22-05-2024 12:13
The Asia Zero Emission Community (AZEC) platform shares common principles among member countries in addressing climate change as a global challenge while ensuring energy security, economic growth, and pursuing carbon neutrality through various pathways according to each country’s circumstances.
Vietnam finalises valuation of three banks for mandatory acquisition
21-05-2024 19:35
The Vietnamese government has completed the valuation of three banks for mandatory acquisition, with plans to present the proposal for approval in May, aiming to finalise the process by the end of the year.
PetroVietnam Ca Mau Fertilizer acquires Korea - Vietnam Fertilizer
21-05-2024 19:28
Petro Vietnam Ca Mau Fertilizer JSC (PVCFC, ticker: DCM) completed the acquisition of a 100 per cent stake in Korea - Vietnam Fertiliser (KVF) on May 17. Ho Chi Minh City Department of Planning and Investment has issued a new business registration certificate for the single-member limited liability company KVF.
Hanoi court sentences transnational money laundering ring members
21-05-2024 17:11
The Hanoi People's Court sentenced a total of 21 defendants involved in a transnational money laundering ring led by Chinese nationals.
E-commerce frauds require utmost in attention from regulators
20-05-2024 15:00
Great efforts have been made to combat counterfeit goods and trade fraud products on e-commerce channels as online shopping has become increasingly popular for many people amid booming e-commerce activities.
US to end duty-free tariffs on Vietnamese solar panels
17-05-2024 20:49
The US' duty-free tariff treatment for solar products from Cambodia, Malaysia, Thailand, and Vietnam, will end in June, according to an announcement by the White House on May 16.
Philippines deports 165 suspected scammers
17-05-2024 10:45
The Philippines’ immigration bureau on May 15 announced that it had deported 165 Chinese citizens who were accused of working in an online scam centre based in Bamban in the north of the country.
Delegation from EU, Netherlands explore investment opportunities in Thai Nguyen
17-05-2024 09:33
A delegation from the European Union (EU), the Netherlands, and the Vietnamese Embassy in Singapore held a working session with leaders of the northern province of Thai Nguyen on May 16 to explore potential investment opportunities in the province.
Truong Thi Mai relieved from position of NA deputy
17-05-2024 08:56
The National Assembly Standing Committee convened a meeting on May 16 to consider and decide on the cessation of duties for Truong Thi Mai, a deputy from the Hoa Binh delegation for the 15th NA, according to a press release from the NA Secretary General.
Commercial banks' credit growth picture in Q1 through expert lens
17-05-2024 07:50
Le Hoai An, a banking consultant and trainer at Integrated Financial Solutions, talked with Hong Dung on the credit landscape in the first quarter of this year, its impacts on banking stocks' performance, and how some banks have tackled current challenges to achieve better growth.
Vietnam, UK expand climate change cooperation
17-05-2024 07:46
Vietnam and the United Kingdom are expanding cooperation in response to climate change, with a new multi-year climate programme in the pipeline. Iain Frew, British Ambassador to Vietnam, spoke to VIR’s Bich Thuy about how this expanded climate collaboration supports Vietnam on its net-zero path.
Technology giants keen to embrace gifted engineers
16-05-2024 19:00
Many excellent Vietnamese students could soon have opportunities to improve their knowledge and work in microchips and semiconductors at research and development centres of tech groups such as Samsung and Hana Micron.
Open banking being embraced in Vietnam
16-05-2024 19:00
Open banking in Vietnam is evolving from traditional closed systems to a collaborative ecosystem, driven by customer demand and innovative partnerships, with forthcoming rules set to streamline standards and integration.
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