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Development of data centres on front foot
05-04-2024 18:00
Trends in AI, big data, smart urban construction, e-commerce, and also the ambition to turn Ho Chi Minh City into the region’s leading financial centre are all creating opportunities for investment in data centre development.
ABBank eyes HSX listing
05-04-2024 16:23
ABBank has outlined a path to recovery, addressing financial setbacks with increased credit-risk provisioning and setting ambitious goals, including a potential Ho Chi Minh Stock Exchange (HSX) listing and a $3 billion market capitalisation. Leadership emphasises strategic shifts and transparency, with support from McKinsey, to achieve long-term success.
Techcombank named Best Bank in Vietnam by Global Finance
05-04-2024 11:52
Techcombank has been named the Best Bank in Vietnam by US-based financial publication Global Finance at its 31st annual awards for the World’s Best Banks.
German Business Association unveils ambitious plan
04-04-2024 15:47
The German Business Association (GBA) has launched its 2024 action plan, focusing on enhancing interaction with its members, expanding its presence in the northern region, and driving strategic development initiatives to strengthen bilateral economic relations with Vietnam.
Banks eye rosier prospects in Q1
04-04-2024 15:14
The banking sector has witnessed an inspiring profit picture in the first quarter of this year as the economic rebound takes a stronger foothold.
Visitors to Vietnam in first quarter exceeded pre-COVID numbers
03-04-2024 16:42
Vietnam welcomed over 4.6 million international tourists in the first quarter of this year, marking a 72 per cent on-year increase and surpassing pre-COVID-19 levels.
Revised Land Law expected to drive remittances to real estate market: Experts
03-04-2024 16:33
The Land Law (revised), which expands land use rights for overseas Vietnamese (OV) and Vietnamese citizens residing abroad, meets the aspirations of OVs and contributes to mobilising investment resources to Vietnam at the same time, said Nguyen Duc Hieu, standing member of the National Assembly (NA) Economic Committee.
Bank shareholders to receive lucrative dividend
03-04-2024 15:15
Nam A Bank passed its plan for its dividend payout at its AGM on March 29, at a ratio of 25 per cent in the form of shares, to bolster its financial standing. The bank aims to raise its charter capital to nearly $571 million this year, before reaching $675 million by 2025.
Taylor Swift officially declared a billionaire by Forbes
03-04-2024 14:48
Taylor Swift was officially named a member of the three-comma-club Tuesday, as Forbes confirmed rumors estimating her wealth exceeds a billion dollars.
Wide-ranging agreement opens up more diverse trade channels
03-04-2024 09:21
The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) is set to expand its membership. Economist Raymond Mallon talked with VIR’s Thanh Dat about implications for Vietnam of expanded membership to include the United Kingdom and other countries.
Digital publishing gains stronger foothold
02-04-2024 16:59
The number of traditional publications released last year in Vietnam fell by 4.4 per cent to slightly more than 31,200 titles with nearly 461 million copies, down 14.6 per cent on-year.
Bayer unveils medical breakthroughs
02-04-2024 16:54
German pharmaceutical company Bayer is set to embark on its next phase of growth by unveiling a new wave of medical breakthroughs.
ASEAN Future Forum 2024 set for late April
02-04-2024 12:37
The ASEAN Future Forum (AFF) is a new initiative by Vietnam to create a platform for member nations, allies, partners, and diverse societal strata can collectively contribute to shaping ASEAN's trajectory towards future development.
Domestic tourism under threat from high flight costs
02-04-2024 12:19
The increase in the price of air tickets in March has sparked concerns about a potential decline in visitor numbers during the upcoming domestic peak tourist season.
Diversification giving boost to chip targets
02-04-2024 11:35
More semiconductor players are planning to diversify their supply chain to Vietnam, reinforcing the country’s importance as an assembly and packaging hub for the chipmaking industry.
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