Business

  Cash withdrawals using chip-based ID cards is being piloted at several banks in Hà Nội and Quảng Ninh Province. —VNA/- VnExpress News Photo HÀ NỘI — People will be able to withdraw cash from ATMs by scanning their chip-based ID cards under a new pilot service provided by the Ministry of Public Security. The ministry’s Police Department …

Most banks grew their profits in double digits in the first quarter but asset quality worsened. VPBank surpassed state-owned Vietcombank to become the most profitable lender with a near tripling of its profits to VND11.15 trillion (US$485.6 million), which included revenues from its exclusive bancassurance contract with AIA. SHB doubled …

  Vicky Trương, International Candidate Manager of Robert Walters Vietnam. — Photo provided by the firm HÀ NỘI — In recent years, the “Come Home Phở Good” campaign launched by Robert Walters in the UK has helped many Vietnamese talents return to Việt Nam from around the world and carve out careers in the country.  …

Property companies’ bond issuances came to a complete halt last month following the government’s orders to the central bank to monitor them closely. In the year to date, real estate companies have issued bonds worth VND28.85 trillion or 37 percent of the total money raised in the market. But of …

American magazine Travel+Leisure has named Six Senses Ninh Van Bay in the south central province of Khanh Hoa among the world’s 12 best hotels for nature enthusiasts. Located on Ninh Van Bay, around 60 kilometers from Nha Trang, the resort is home to 62 villas surrounded by lush greenery and …

Võ Trí Thành*     As we all know, the financial market (including the stock market and bond market, among others) and the financial system (including commercial banks and financial institutions) play a vital role in facilitating the smooth operation of economies by allocating resources and creating liquidity for businesses. …

          Standard Chartered Bank’s economists expect a strong current account (C/A) surplus and FDI flows to remain the key pillars of support for the Vietnamese đồng (VND) over the long run. — Photo kinhtevadubao.vn HÀ NỘI — Việt Nam is a key beneficiary of the Regional Comprehensive Economic Partnership (RCEP), which …

  The special consumption tax worth VNĐ20 trillion on domestically produced and assembled cars in June-September could be extended  to November 20. — Photo baochinhphu.vn HÀ NỘI — The Ministry of Finance has proposed the Government give an extension on the deadline for payment of a special consumption tax worth a total VNĐ20 …

PNJ’s flagship store in District 1, HCM City. The company’s share hit the maximum daily loss of 7 per cent yesterday, contributing to the bear market. Photo pnj.com.vn HÀ NỘI — The market settled down on Monday, with the benchmark VN-Index posting a loss of nearly 60 points, as strong selling …

Mercedes-Benz will start delivering its EQS electric sedan to Vietnamese customers by October. A representative of the company said the electric vehicle will make an appearance at Vietnam Auto Show, which will be held this October in Ho Chi Minh City. It will be delivered to customers around this time, …