Business

  Executives from VietinBank and Manulife Vietnam pose for a photo at the ceremony in HCM City on Monday that marked the official start of their 16-year exclusive bancassurance partnership. — Photo courtesy of Manulife Vietnam HCM CITY — Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) and …

Public Bank Vietnam Limited has announced its cooperation with global payment technology company Visa to launch international debit and credit payment cards. Public Bank Vietnam’s latest offering is integrated with the convenience of contactless payment features and secured 3D Secure 2.0 authentication technology. The bank’s credit card range includes Public …

With the weather being beautiful and quarantine rules relaxed, Phu Quoc Island is expected to draw huge crowds during the Tet holidays. Nguyen Nguyet Van Khanh, deputy marketing head of Vietravel, said 2,000 people have booked to travel to Phu Quoc, or 40 percent of all bookings for her company’s …

Vietnam’s largest brewer Sabeco said after-tax profit fell by over VND1 trillion (US$443 million) last year to VND3.93 trillion, the lowest since it was acquired by a Thai billionaire. Its revenues were VND26.37 trillion, a decline of 6 percent. Thaibev owned by Charoen Sirivadhanabhakdi acquired the company in late 2017. …

  Transactions at Techcombank. The bank reached US$1 billion in pre-tax profit in 2021. — Photo vietnamplus.vn HÀ NỘI — Techcombank record a US$1 billion pre-tax profit in 2021 despite COVID-19, reinforcing the resilience and potential of its business models. Its total operating income (TOI) grew 35.4 per cent, while the …

  HCM City targets 5 per cent growth in industrial production, and 9 per cent growth in foreign trade this year. — VNA/VnExpress News Photo HCM CITY — HCM City will promote manufacturing and exports this year, its Department of Industry and Trade has said. It targets 5 per cent …

  A man boil coriander leaves to make coriander soap in Sinh Dược cooperative in Ninh Bình Province. — Photo courtesy of the cooperative HÀ NỘI — Vietnamese, especially those from the north, believe that a bath using coriander leaves can remove misfortune, so many are boiling it to get rid of bad luck …

  The Mỹ Phước – Tân Vạn expressway in Bình Dương is being widened and upgrade. — Photo laodong.vn HCM CITY – Bình Dương Province plans to complete a number of key transport infrastructure projects this year and start others to maintain its leading position in attracting foreign investment and …

  A bank employee introduces insurance products to a customer. Photo cafef.vn HÀ NỘI — Bancassurance activities will have to strictly comply with the provisions of the Law on Insurance Business, according to the State Bank of Vietnam (SBV). Under a newly-issued directive, the SBV has required banks, which provide bancassurance products, …

  Nguyễn Minh Tiến, director and chief of the Central Coordination Office for New Rural Development After three years of implementation, the OCOP (One Commune-One Product) programme has become a key policy being extensively deployed in localities. The programme has awakened local comparative advantages, especially local cultural values to create …