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Majority of FDI businesses in Vietnam report 2019 losses
A new report says about 55 percent of foreign direct investment (FDI) businesses in Vietnam recorded losses, of VND131.4 trillion ($5.72 billion), last year.
Thanh Hoa FC quit V. League 2020
Thanh Hoa FC announced Wednesday they would not continue their V. League 2020 campaign, blaming the decision on Covid-19 and a flailing budget.
Covid-19 pandemic boots Vietnamese football where it hurts
With football frozen again after it returned for nearly two months following the first wave of Covid-19, domestic clubs have been pushed more firmly on to the back foot.
August 06, 2020 | 12:45 pm GMT+7
Financial sector elicits most complaints in Vietnam
Banking, finance and insurance were the three industries to receive the most customer complaints in 2019, the Ministry of Industry and Trade has reported.
February 07, 2020 | 01:36 pm GMT+7
Vietnam fintech sector in the fast lane
The number of financial technology companies in Vietnam has grown from around 40 in 2016 to 154, focusing on payment, peer-to-peer lending and crowdfunding, a survey has found.
October 08, 2019 | 03:32 pm GMT+7
Vietnam rejects money laundering report as ‘inaccurate’
A report saying Vietnam tops a list of countries by dollar value in illicit inflows is ‘inaccurate’, the Foreign Ministry spokeswoman said Thursday.
October 03, 2019 | 08:25 pm GMT+7
Take acquisition route, Deputy PM tells South Korean banks
South Korean banks desiring to enter Vietnam should acquire local lenders since new licenses are not in the offing, Deputy PM Vuong Dinh Hue said.
June 21, 2019 | 11:20 am GMT+7
Vietnam conglomerates race to invest in payment intermediaries
Vietnam’s trade groups are investing in payment intermediaries to support their commercial ecosystems, and the competition is set to become fierce.
June 03, 2019 | 10:45 am GMT+7
IFC routes $100 million to Vietnamese SMEs through local bank
The International Finance Corporation (IFC) will lend $100 million to Orient Commercial Joint Stock Bank (OCB) towards extending credit to SMEs.
March 28, 2019 | 09:40 am GMT+7
Vietnamese banks lose foreign partners one by one
The last few years have seen a number of cases of foreign partners severing ties with Vietnamese banks.
March 18, 2019 | 08:32 am GMT+7
VN-Index crosses 1,000 points threshold after 5 months
An afternoon surge in bank stocks lifted the VN-Index above 1,000 points for the first time since October 2018.
March 13, 2019 | 08:21 am GMT+7
Blue chips send Vietnam stock market into the green
Blue chip stocks pushed the VN-Index to its highest since mid-December as trading resumed after a long Tet holiday.
February 11, 2019 | 05:43 pm GMT+7
Vietnamese ‘underground’ banker arrested in Japan
A Vietnamese man is alleged to have charged hefty commissions for transferring money from Japan to Vietnam via his bank account.
January 14, 2019 | 07:26 pm GMT+7
For the state, letting cash cows go a difficult ask
Unless Vietnamese officialdom changes its eighties way of thinking, an effective market economy will stay beyond our reach.
November 05, 2018 | 08:50 am GMT+7
Vietnam startups lack government support when it matters most
Vietnamese startups do not get the financial support they need from the government at the discovery and validation stages.
September 11, 2018 | 08:41 am GMT+7
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