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Treading in Vietcombank’s footsteps, banks are stepping up efforts to buy back bad debts from state-owned Vietnam Asset Management Company to cushion the bad debt threat.
The local banking sector is regaining its place in the sun this year, as more banks are due to get listed on the stock exchanges, while others are undertaking capital raising rounds where more shares are on offer to potential investors.
Over the first quarter of 2018, scores of Vietnam-based commercial banks reported million dollar profits despite an overall sluggish market.
Stable inflation rates have helped attract depositors. However, the recent incidents of depositors losing money at some banks, plus the rise of many attractive investment channels, will divert cash flow from banks.
The overload at the country’s airports is expected to be reduced as a wave of large investors are seeking investment opportunities in the aviation infrastructure segment.
Retail real estate has boomed in recent years but clouds loom on the horizon.
Bo Da Pagoda, sitting at the north foot of Phuong Hoang mountain in Tien Son commune, Bac Giang's Viet Yen district is among the few pagodas preserving intact its Vietnamese ancient architecture.
Although rising protectionism is a concern to businesses worldwide, they are optimistic about international business prospects, a new report from HSBC called ‘Navigator: Now, next and how for business’ shows.
The Shah Alam High Court of Selangor State of Malaysia continued on April 2, 3 and 5 the trial of Doan Thi Huong, one of the two suspects in the death of a Democratic People’s Republic of Korea (DPRK) citizen in early 2017.
Vietnam is attracting more major online retailers given the growth seen in its e-commerce sector.
VietNamNet Bridge – For 71-year-old retired teacher Vo Thi Son, teaching and going to the pagoda every day are important routines to stay healthy and enjoy peace of mind.
Van Don asks for suspension of projects pending special master plan, Import demand continues boosting Vietnam’s rice export, PetroVietnam’s Q1 budget contribution exceeds target
The delicate flowers of Liliumlongiflorum, or Easter lilies, are in full bloom on every corner of Hanoi’s streets in the early days of April.
HCM City names May as occupational safety and health month, Construction of Cat Linh-Ha Dong railway accelerated in June, Vietnam, WHO enjoy fruitful ties in over four decades, Two bank robbers detained, one on run
Nguyen Thi That, “Queen of Vietnamese cycling” has marked 2018 by winning the country’s first-ever women’s Asian gold medal at the Asian Road & Para-Cycling Championships 2018 in Myanmar.
Vietnam attracted $3 billion worth of foreign direct and portfolio investments to the real estate sector in 2017, a sharp increase of 80 percent over the year before.
From April 15, local authorities will randomly check high-rise buildings that were reported to violate the fire code, including the 17 buildings listed by Hanoi.
The 89-year-old scientist Dang Huy Huynh does not need a cape to save lives. To millions of silent trees and flowers in the middle of Hanoi or deep in Vietnam’s tropical forests, he is already a hero.
It seems that the flea market has become an attractive destination for both collectors and antique lovers.
Doctors at Binh Dan Hospital in HCM City has performed surgery for the first time using indocyanine fluorescence imaging to treat gastric cancer.