Business

Vietnam invested nearly $316.4 million abroad in the first five months of this year, equivalent to 93.5% of the figure recorded in the same period last year. Of the total, $142.7 million was poured into 47 new projects, or 48.6% of the figure in the same period in 2022 while …

Over 20 banks have cut deposit interest rates, and the highest has fallen from 9% to 8.5%. The average reduction has been 0.5 percentage points for deposits of less than six months after the State Bank of Vietnam lowered its policy rates last week for a second time this year. …

Foreign investors are taking advantage of the low prices of hospitality properties in Vietnam to acquire hotels and resorts. In April, American hospitality giant Marriott International signed a deal to operating seven hotels and resorts of Vietnamese firm Vinpearl. The properties include three existing hotels in the three central cities …

American aviation giant Boeing plans to increase its investment in Vietnam for making aircraft parts and equipment. Steve Biegun, its senior vice president for global public policy, discussed the plan with Vietnamese Minister of Industry and Trade Nguyen Hong Dien on the sidelines of the Indo-Pacific Economic Framework on May …

“Aidge” is a transformative generative AI tool that uses Alibaba International’s proprietary large language models and e-commerce expertise to help SMEs expand their businesses SINGAPORE – Media OutReach Newswire – 4 December 2023 – The integration of artificial intelligence (AI) is revolutionizing the possibilities of business today, especially in the …

Karavan B2B e-commerce platform has entered into strategic partnership with C.P. Vietnam to deliver ambient products, frozen and fresh foods of C.P. in Vietnam. The two parties will collaborate to expand C.P. Vietnam’s product portfolio to general trade and hotel-restaurant-catering, cafe, canteen (HORECA) segments in Vietnam via Karavan’s centralized platform. …

GUANGZHOU, CHINA – Media OutReach Newswire – 4 December 2023 – The 17th Congress of the World Federation of Hainanese Associations was successfully launched in Guangzhou on 3rd December, gathering over 2,300 Hainanese compatriots from 32 countries and regions worldwide to jointly reminisce about their hometown ties, discuss common development, …

Some banks have allowed loans as much as six times higher than the set limit, according to a report by the State Audit of Vietnam. The audit report for 2022, recently sent to the National Assembly, discussed certain shortcomings regarding loans and credits at commercial banks in 2021. Credit growth …

2023 Taiwan International Student Design Competition Announces the Winner List TAIPEI, TAIWAN – Media OutReach – 4 December 2023 – Organized by the Ministry of Education, the Taiwan International Student Design Competition is the biggest international competition of its kind. Initiated back in 2008, it is celebrating its 16th anniversary …

Banks are set to cut loan interest rates on Monday on the directions of the central bank, which is seeking to speed up economic recovery. State Bank of Vietnam officials have been meeting regularly with bankers to exhort them to reduce lending interest rates amid economic challenges, including on Thursday …