Healthcare firm Sen Tai Thu reportedly mobilized investments of over VND1 trillion (US$40 million) from 400 customers, promising them an interest payment of 12% and swindled the money. Among the victims is a 50-year-old woman in Hanoi who was informed about Sen Tai Thu by a bank employee in early …
Read More »Becamex IDC achieves record-high profit in 2023, surpassing annual target by 102%
A real estate project by Becamex IDC. By the end of 2023, Becamex IDC’s total assets topped VNĐ53.18 trillion, representing a 10 per cent increase compared to the beginning of the year. Photo Becamex IDC HÀ NỘI The Investment and Industrial Development Corporation (Becamex IDC or BCM) announced that its profit in …
Read More »HCMC eyes economic growth of 6.5% in Q1
Ho Chi Minh City targets economic growth of at least 6.5% in the first quarter so that it can hit the full-year target of 7.5-8%. Its economy only grew at 0.7% in the first quarter of last year, and to avoid a repeat, it is promoting public investment, domestic consumption, …
Read More »Vietnam wins bid to export 300,000 tons of rice to Indonesia
Seven Vietnamese firms have won a bid to export 300,000 tons of rice to Indonesia, or more than half the volume that country’s plans to import in January. Their lowest quote was US$648 per ton, including transportation costs. Earlier this year Indonesia said it wanted to import 500,000 tons of …
Read More »SIBUR developing more than 70 new polymer grades to meet customer needs
MOSCOW, RUSSIA – Media OutReach Newswire – 2 February 2024 – SIBUR, Russia’s largest producer of polymers and rubbers, is developing more than 70 new product grades to meet the diverse needs of customers across various industries. This development includes polymers for packaging solutions, radiation sterilisation, and other medical applications. …
Read More »Australian newspaper introduces nine best things for tourists to do in Vietnam
Herald Sun, one of the oldest and most widely read newspapers in Australia, has listed the nine best things for tourists to do when visiting Vietnam. The article affirmed as affordable as it is vibrant and varied, Vietnam is fast becoming a destination of choice for Australian holidaymakers. The first …
Read More »Pollisum Engineering Surpasses 2023 Financial Goals, Rewards Team with Overseas Incentive Trip
SINGAPORE – Media OutReach Newswire – 2 February 2024 – Pollisum Engineering Pte Ltd, a leading force in the crane and engineering sector, proudly announces the achievement of its ambitious 2023 revenue target of $42 million, underscoring a period of remarkable growth and strategic success. This milestone highlights the company’s …
Read More »Future of digital banking hinges on data security: experts
A customer makes payment using a QR code. Cashless payment is becoming increasingly popular. — Photo courtesy of MoMo HCM CITY — Data security and privacy play a pivotal role in the digital transformation of the finance and banking sector, according to experts. As the Government advances the national digital transformation …
Read More »HoREA against lending restriction on future home purchases
An apartment complex in District 10, HCM City. VNA/VNS Photo HCM CITY In a bid to address potential setbacks to the real estate market, the HCM City Real Estate Association (HoREA) is advocating for changes, particularly to the restriction on banks from using future commercially developed houses as collateral for individual …
Read More »More construction price norms for public transport projects to be issued
Deputy Minister of Construction Bùi Hồng Minh speaks at the conference. The Ministry of Construction will issue 318 additional construction price norms for public transportation construction projects according to its authority in the first quarter of 2024. VNA/VNS Photo HÀ NỘI — The Ministry of Construction will issue more construction …
Read More »