Thursday , October 31 2024

Business

Business

Banks gain impressive business results in Q1 2022

  A customer at a bank in Hà Nội.  VNA/VnExpress News Photo HÀ NỘI — Many banks have reported large profits of up to trillions of Vietnamese đồng in the first quarter of 2022 thanks to high earnings from services and bancassurance as well as good control of provision costs. Vietnam Prosperity Commercial …

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Thai food giant to list on Vietnam stock exchange

Thai food giant to list on Vietnam stock exchange

Thai food giant Charoen Pokphand Foods has green-lighted its Vietnam subsidiary’s plans to list its shares on the Ho Chi Minh Stock Exchange. CPF has made a filing with the Stock Exchange of Thailand, but details are unavailable about plans for an IPO and others. C.P. Vietnam gets around 70 …

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New policies being considered for electric cars

  A charging station of Vinfast. Việt Nam will study policies for electric car development in line with the global trend. — Photo vov.vn HÀ NỘI — Deputy Prime Lê Văn Thành has asked the Ministry of Industry and Trade to study policies to promote the development of the domestic automobile …

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Regulatory sandbox for P2P lending needs strict requirements

  Regulatory sandbox for peer-to-peer (P2P) lending is attracting public attention. — Photo nld..com.vn Compiled by Mai Hương Early this month, the State Bank of Việt Nam (SBV) announced a new draft decree providing a controlled testing mechanism (sandbox) for fintech activities in the banking industry. This is the second draft …

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Vietnamese, Chinese localities work to speed up customs clearance

  An overview of the talks. — VNA/VnExpress News Photo QUẢNG NINH — The People’s Committee of Quảng Ninh Province’s Móng Cái City and authorities of Dongxing city in China’s Guangxi province on Sunday held online talks discussing measures to speed up customs clearance. The measures were to be in association with the effective implementation of COVID-19 prevention and control …

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VN-Index slumps nearly 70 points on strong selling pressure

A customer at Techcombank’s office. Bank stocks posted great losses yesterday due to strong selling pressure, with Techcombank’s stocks hitting the biggest daily loss of 7 per cent. — Photo thitruong.nld.com.vn HÀ NỘI — The stock market ended lower on Monday as profit-taking activities weighed sentiment, with hundreds of stocks hitting …

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