holistic approach key for logistical planning

Holistic approach key for logistical planning

Several significant logistical bottlenecks are harming Vietnam’s economy. Pham Thi Bich Hue, chairwoman of Western Pacific Group, talked to VIR’s Le Quan about insights on the urgent need for strategic infrastructural and logistical planning, while proposing a blueprint for logistical advancements in Vietnam.
state owned banks leading in forex trading revenues

State-owned banks leading in forex trading revenues

The profits from foreign exchange trading at major banks are still consistently substantial, even in the face of significant exchange rate fluctuations.
borrowing trends reflect weak demand

Borrowing trends reflect weak demand

While multiple banks are creating liquidity by allowing customers to borrow to repay other banks, experts assess that this may not increase overall credit.
lending rate lag still causing bank unease

Lending rate lag still causing bank unease

Banks remain in a phase of inventory, facing challenges in the active monetisation of funds and resulting in an accumulation of excess liquidity.
vietnams fiscal policy can perform a stronger role

Vietnam’s fiscal policy can perform a stronger role

High interest rates elsewhere have led to consumption and export issues. Suan Teck Kin, head of Research at UOB, shared with VIR’s Nhue Man his prospects on Vietnam’s development and its monetary policies to face to the impact of activity involving China and the United States.
cpv suppliers potential development conference 2023

CPV suppliers potential development conference 2023

On the morning of August 16 at Muong Thanh Holiday Hue Hotel, C.P. Vietnam (CPV) held a conference on environmental management in supply chain development.
interest rate anchoring in us supporting vnd status

Interest rate anchoring in US supporting VND status

The US Federal Reserve’s July interest rate rise by 0.25 percentage points, resulting in policy rates reaching a 22-year high, may not be the end of the matter given the recent trend of continuously lowering interest rates.
moonglow persimmon at park hyatt saigon

Moonglow persimmon at Park Hyatt Saigon

Amidst the romantic appeal of autumnal hues, the soulful beauty of branches laden with persimmons resembles moonlit lanterns, depicting good fortune and prosperity. Soft as egg yolk, smooth as velvet, divinely sweet and fragrant like honey, a sonata of autumn flavours is utterly enveloped in this precious gift from nature.
thua thien hue urban area building its own identity

Thua Thien-Hue urban area building its own identity

By 2025, the central province of Thua Thien-Hue wants to realise its strategic vision that will not only open up development opportunities but also preserve the urban identity.
asset quality crucial to banking sector

Asset quality crucial to banking sector

Tran Thi Khanh Hien, head of Research at MB Securities, delves into the factors impacting bank performances this year.
thua thien hue strives to turn tourism into spearhead economic sector

Thua Thien-Hue strives to turn tourism into spearhead economic sector

The tourism industry of the central province of Thua Thien - Hue continued to regain recovery momentum and high growth in the first half of 2023, ranking 11th among 63 provinces and cities in terms of total revenue.
credit bubble risk reality as banks hit lending capacities

Credit bubble risk reality as banks hit lending capacities

The availability of cheap capital has the potential to fuel subprime projects and activities, leading to a credit bubble risk for the economy.
vietnamese businesses await relief as sbv slashes interest rates

Vietnamese businesses await relief as SBV slashes interest rates

Vietnamese businesses anticipate some relief as the central bank slashes interest rates amidst the economic challenges, with credit growth expected to accelerate in the second half of 2023.
lenders determined to meet financing needs of customers

Lenders determined to meet financing needs of customers

In line with the government’s economic stimulus initiatives and to ensure market liquidity, a number of major financial institutions are implementing strategies to address the financing needs of businesses and individuals.
alba wellness valley by fusion scores high

Alba Wellness Valley by Fusion scores high

The historic city of Hue, Vietnam’s former capital, was named among the top ten destinations in the region and Alba Wellness Valley by Fusion landed two coveted spots in the top ten lists of Travel + Leisure 2023 awards.