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This is the third time in a row that MB has been honoured in this award category, recognising the bank's continuous efforts in recent years in trading and providing derivatives products in the Vietnam market. In 2021, the scale of its portfolio and position in the market, the fast and powerful digital transformation process, and the high-quality human resources are the highlights that made MB be selected for the above-mentioned prestigious award, according to the evaluation of The Asian Banker. With a large portfolio and diverse product solutions, MB's interest rate and commodity derivatives business line has long been considered the top choice in the market for many years. The bank's revenue from foreign exchange and derivatives has grown constantly by an average of 40 per cent in the last three years, while the foreign exchange market share remained competitive among the top five financial institutions in Vietnam. Considering the awards based on the bank's results … [Read more...] about MB maintains its position as the market leader in Vietnam

At the Partnership MoU signing ceremony, BUV and Bond University jointly agreed on articulation programs in business, international tourism and hotel management at the bachelor level, and the Master of Business Administration (MBA) program. At the bachelor level, students will complete 2 years at BUV, then transfer and continue their studies at Bond University for 16 months. For the MBA program, students complete the master's program at BUV and continue to study for additional 8 months at Bond University in Gold Coast, Australia to receive the Master degree issued by Bond University. The MoU signing ceremony between BUV and Bond University was organized on the campus of BUV Ms. Jen Bahen, Counselor for Education and Research, Australian Embassy, said: “The deep and personal people-to-people links between Australia and Viet Nam are a huge part of the Australia – Viet Nam story. I often make the point that our bilateral relationship is fundamentally underpinned by … [Read more...] about British University Vietnam and Bond University sign MoU

The city's mayor has asked local authorities to speed up the vaccination campaign amid surging infections. Hanoi's authorities have been asked to give Covid-19 vaccine booster shots to local residents as soon as possible, according to a decision signed on August 9 by Chairman of the municipal People’s Committee Tran Sy Thanh. On August 9, Vietnam saw a record high in three months of 2,300 new cases in a single day, lifting up the country’s total infections to more than 11,350,000, including more than 43,000 deaths, according to the Ministry of Health (MoH). The move was made as the caseload with new strains BA.04 and BA.05 in the city is increasing and that vaccination against Covid-19 is an effective and strategic measure in disease prevention and control, stated the document. Local authorities have been asked to urge high-risk and vaccine-hesitant people to complete the two-dose vaccination and ramp up at-home inoculations for homebound people who are aged above 50 with … [Read more...] about Hanoi accelerates Covid-19 vaccination for all locals

Vietnamese passion fruit (Photo: VNA) Hanoi (VNA) – The Dak Lak province Department of Agriculture and Rural Development is preparing necessary conditions for the shipping of local passion fruit to China, as the fruit has been officially allowed to enter the market. The preparation includes supporting businesses and farmers in making the fruit meet related requirements. The Central Highlands province is home to 1,055ha of passion fruit, of which 884ha are yielding 14,703 tonnes annually. The planting area and production of passion fruit nationwide are continuously increasing, especially in Central Highlands localities. Currently, Vietnam grows the fruit on about 6,000ha across 46 cities and provinces with an annual output of 300,000-400,000 tonnes. With relevant negotiations beginning in 2006, the General Administration of Customs of China (GACC) agreed this year to pilot the import of Vietnamese passion fruit starting in July, making it the 10th Vietnamese fruit … [Read more...] about Dak Lak prepares for export of passion fruit to China

Vo Tien Dung, vice director of Hanoi-based Halcom Vietnam, said his business has been cooperating with German, Finnish and Japanese companies for the last 23 years, but has yet to find the best technologies to deal with Vietnam’s waste problems. It is difficult to treat typically unsorted and highly humid waste in Vietnam. For example, trash in Europe has a humidity level of around 20%, while trash in Vietnam could have a humidity level of 60-70%, he added. Even the ongoing waste-to-energy plants in Hanoi and Can Tho would need more time so their effectiveness could be evaluated, Dung said. Treating unsorted trash without the same humidity conditions as in other countries would make it hard to meet efficiency and emission standards, he added. Nguyen Quang Huan, member of the National Assembly’s Committee for Science, Technology and the Environment, said he was concerned about waste-to-energy plants. He said such technology still produces pollutants, and is merely cleaning the … [Read more...] about No ideal waste treatment technology for Vietnam yet

Hanoi (VNA) - The following is a list of selected news summaries last night by the Vietnam News Agency . - Vietnam always wants to promote solidarity, friendship, and comprehensive, sustainable and long-term cooperation with Cambodia, considering this a priority in its foreign policy, Minister of National Defence General Phan Van Giang told Cambodian guests in Hanoi on August 8. Giang hosted a reception for a delegation of the Royal Cambodian Armed Forces (RCAF) led by Lt. Gen. Hun Manet, Deputy Commander-in-Chief of the RCAF and Commander of the Royal Cambodian Army. Read full story - Vietnam’s GDP growth is forecast to expand 7.5% in 2022 and 6.7% in 2023, with resilient manufacturing and a robust rebound in services serving as the driving forces for economic recovery. At the press conference to release the report. (Photo: WB Vietnam) According to the latest economic update by World Bank (WB) for Vietnam, the country’s economy expanded 5.2% in Q4 of 2021, and … [Read more...] about ☀️ Morning digest August 9