Tuesday , December 24 2024

Business

Business

Future of digital banking hinges on data security: experts

  A customer makes payment using a QR code. Cashless payment is becoming increasingly popular. — Photo courtesy of MoMo HCM CITY — Data security and privacy play a pivotal role in the digital transformation of the finance and banking sector, according to experts. As the Government advances the national digital transformation …

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HoREA against lending restriction on future home purchases

An apartment complex in District 10, HCM City. VNA/VNS Photo HCM CITY  In a bid to address potential setbacks to the real estate market, the HCM City Real Estate Association (HoREA) is advocating for changes, particularly to the restriction on banks from using future commercially developed houses as collateral for individual …

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AeonMall Vietnam to develop shopping centre in Đà Nẵng

  At the signing ceremony between TTC Land and AeonMall Vietnam. Photo https://nguoidothi.net.vn HÀ NỘI — The Saigon Thương Tín Real Estate Joint Stock Company (TTC Land) and AeonMall Vietnam Co., Ltd has officially announced a plan to construct an Aeon Mall shopping centre as part of the TTC Plaza Đà Nẵng project, which is developed …

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ABBANK profits falls sharply on bad debt provisioning

  Customers conduct transaction at an ABBANK branch in HCM City. — Photo courtesy of the bank HCM CITY — An Bình Commercial Joint Stock Bank (ABBANK) provisioned nearly VNĐ1.49 trillion (US$60.87 million) for credit risk last year, sending its pre-tax profit plummeting to VNĐ513 billion ($20.9 million) as against …

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Disbursement of public funds in 2023 meets 93.12% of target

HÀ NỘI  More than VNĐ662.59 trillion (US$27.14 billion) of public capital allocated for 2023 was disbursed as of January 31, fulfilling 93.12% of the Prime Minister’s assigned plan, according to the Ministry of Finance. The ministry said on February 1 that some VNĐ88.28 trillion was disbursed for the socio-economic recovery and development …

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Hà Nội attracts almost $870 million in FDI last month

  Thang Long Industrial Park in Hanoi’s outlying district of Dong Anh. — VNA/VNS Photo HÀ NỘI —  An estimated US$866.8 million in foreign direct investment (FDI) was channelled into Hà Nội in January, the municipal Statistics Office reported. That comprises $859.4 million registered for 10 new projects, $5.1 million added to six …

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Several air routes fully occupied despite new jet leases

Several air routes fully occupied despite new jet leases

Vietnamese airlines leased 12 aircraft last month to meet high travel demand during the upcoming Lunar New Year holiday, but many routes are still sold out. In the last four weeks VietJet has leased six aircraft for the seven-day Tet holiday which begins next Thursday, increasing its number of flights …

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