Business

  Customers make transactions at a Bảo Việt Bank’s office in Hà Nội. Large-sized banks, excluding weak ones, must have a minimum charter capital of VNĐ15 trillion by 2025. VNA/VNS Photo  HÀ NỘI — The country will reduce the number of credit institutions and basically finish the settlement of poor-performing banks …

  Hà Nội promotes using QR codes for farm produce to help consumers quickly trace the origin of the products. Photo courtesy of Hà Nội Agriculture and Rural Development Department. HÀ NỘI — The capital city of Hà Nội is promoting information technology (IT), including the use of QR codes, in traceability to increase …

  MoMo users can now easily purchase Manulife Vietnam’s Max–Health product in less than 1 minute through a simple three-step process of application, payment, and policy issuance. — Photo courtesy of Manulife HCM CITY — Manulife Vietnam has partnered with lifestyle super-app MoMo to distribute its digital health product and offer …

  Trucks unload cargo at a logistics in Hoà Cầm Industrial zone in Đà Nẵng. The city has been boosting it as a potential destination for investment in Asia. VNS Photo Công Thành  ĐÀ NẴNG — The central city of Đà Nẵng has been planning for an international and regional …

CIMB Bank Việt Nam and F88 Business JSC have made a new step in the strategic cooperation relationship between the two sides. — Photo courtesy of F88 HÀ NỘI — CIMB Bank Việt Nam and F88 Business JSC have just made a new step in their strategic co-operation, moving toward financial universalisation …

  Requiring bank transfer for real estate transactions is expected to prevent tax avoidance prevent tax loss, fight against money laundering, and improve market transparency. — File Photo HÀ NỘI — The Ministry of Finance has proposed a regulation be brought in to ensure payments for all real estate transactions are carried out via …

The ‘revived’ Luna cryptocurrency has dashed many investors’ hopes by falling to an all-time low. Hoang Anh, a marketer in Hanoi, said he owns both the new and old versions of Terra’s cryptocurrency, Luna and Lunc, or Luna Classic. He had viewed Lunc, whose market cap has fallen to less …

Vietnam ranks fifth globally in the number of non-fungible token users at over two million as of last year, a study has found. The country had 2.19 million users last year, behind Thailand, Brazil, the U.S. and China, according to the Digital Economy Compass 2022 study by Germany-based data portal …

A welcome gate of Deep C Quảng Ninh. Photo courtesy by Compali HÀ NỘI — Compal, the leading global manufacturer of smart electronic devices, is cultivating its production capacity for its worldwide operation to serve international customers’ increasing orders. In 2021, Compal expanded its Việt Nam production by adding more manufacturing capacity …

An employee of PV GAS testing equipment at a facility. The company’s shares witnessed the worst performance yesterday with a loss of 7 per cent and led to the market’s downtrend. Photo pvgas.com.vn HÀ NỘI — Shares finished the week on a negative note, as the selling force gradually grew stronger …