A ship docked at Cái Mép – Thị Vải port. — VNA/VnExpress News Photo HÀ NỘI — Due to the adverse impacts of COVID-19 , the total number of ships passing through seaports in Bà Rịa – Vũng Tàu Province decreased in 2021. However, the number using Cái Mép – …
Read More »Shares struggle as large-caps vary
Cà Mau Thermal Power Plant of PV Power in U Minh District, Cà Mau Province. POW gained 4.7 per cent on Friday. Photo pvpower.vn HÀ NỘI – Shares struggled on Friday with the market experiencing strong volatility with big variations in large-caps’ prices. On the Hồ Chí Minh Stock Exchange (HoSE), …
Read More »Asia Commercial Bank has new CEO
Deputy CEO of Asia Commercial Bank (ACB) Tu Tien Phat became its CEO Friday, replacing Do Minh Toan who led the bank for more than nine years. Before his appointment as CEO for the 2022-2025 term, Phat was ACB’s Deputy CEO cum head of retail banking since 2015. Phat, born …
Read More »China suspends customs clearance for Vietnamese goods during Tet
China will suspend customs clearance for Vietnamese goods at border gates in the northern province of Lang Son for seven days during Tet, the Lunar New Year festival. The customs clearance will stop from Jan. 31 to Feb. 6, instead of the previously announced 28 days, the province’s Dong Dang …
Read More »Buy2Sell a fintech solution for B2B ecommerce in Vietnam
Despite the impact of Covid-19, the e-commerce platform has reported an increase in consumption, with demand for online shopping being strong. As of the fourth quarter of 2021, 60 percent of the platform’s estimated revenues, or approximately $28 million, has been reinvested into B2B e-commerce development to allow local sellers …
Read More »CAAV suggests increasing domestic flights as Tết approaches
Demand for flights is expected to continue to grow in the run-up to Tết. VNA/VnExpress News Photo HÀ NỘI — As the Tết (Lunar New Year) holiday approaches the Civil Aviation Authority of Việt Nam (CAAV) has requested the Ministry of Transport allow it to take the initiative in increasing flights, starting from …
Read More »Citi announces agreement to sell consumer bank to UOB Group
A Citi office in Hà Nội. — Photo courtesy of the bank HÀ NỘI — Citi on Friday announced it has reached an agreement with UOB Group (UOB) on the acquisition of Citi’s consumer banking franchises in Việt Nam, Indonesia, Malaysia and Thailand. The transaction includes retail banking and credit …
Read More »Intel solutions empower businesses to navigate pandemic
Intel has introduced the 11th Gen Intel vPro platform to optimize performance and security for businesses. The Covid-19 pandemic has accelerated digital transformation in organizations. This has led to plans that used to take years to deploy now playing out in weeks and months. With uncertainty in the workspace of …
Read More »VN-Index moves sideways with plunging trade value
Vietnam’s benchmark VN-Index went sideways Friday on 1,496.02 points, ending a week of strong fluctuations that resulted in a 32-point drop. The index started off with a 19-point plunge and gradually climbed to close with a 0.03-point fall. VN-Index closed the week with four sessions in the red. Trading value …
Read More »Vietnam Airlines to open ticket sales for regular Australia flights
Vietnam Airlines will start selling air tickets for regular flights between Vietnam and Australia from Saturday, signaling its resumption after two years. Vietnam Airlines plans to fly between Ho Chi Minh City and Sydney twice a week and between Hanoi and Sydney once a week, it stated on its website. …
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