A view of HCM City. Many banks have temporarily ceased lending to the property sector. — Photo vneconomy.vn Deputy Governor of the State Bank of Viet Nam, Dao Minh Tu, announced at the Government’s March press conference that credit growth in the first quarter of the year had been 5.04 per cent, much higher than the 2.16 per cent rise in the same period last year. He described it as a “quite positive result” that showed the economy had made a significant recovery with people’s lives and businesses returning to normal thanks to the Government’s effective measures against the COVID-19 pandemic. According to a report by the SBV’s HCM City office, credit growth in the country’s main economic hub was estimated at 3.65 per cent in the first quarter. The positive performance has encouraged many banks to set high goals for the full year. At its annual general meeting on March 16, VIB approved a growth target of 30 per cent, much higher than the cap of 14 per cent set by the central … [Read more...] about Not lending to property sector will have mixed effects: analysts
Ceo on board of directors
The exclusive summit conference for Vietnam’s top marketers
CEO & CMO Summit 2022 will gather senior leaders, marketing directors, and industry experts from multinational corporations, leading tech enterprises, and startups in Vietnam. Since the first conference in 2018, CEO & CMO Summit Vietnam has been the annual not-to-be-missed meeting point for experts in the Modern Marketing industry. The event will focus on Modern Marketing for brands, where leading industry leaders exchange and discuss some of the recent trending topics: E-commerce 4.0, Marketing effectiveness and efficiency, Personalization, Customer Engagement & Experience. The latest technology trends are also expected to be the "hot topic" at this year's summit. The question is: "What do brands need to prepare to build an effective marketing strategy in such an unpredictable time?" Guest speakers include leaders from top companies and experts who have successfully built their competitive advantage in a harsh business environment such as: Grab, Nestle, … [Read more...] about The exclusive summit conference for Vietnam’s top marketers
Remarks by PM Pham Minh Chinh at CSIS in Washington D.C
Prime Ministe Pham Minh Chinh addresses the Centre for Strategic and International Studies ( CSIS ) in Washington D.C. (Photo: VNA) Washington D.C. (VNA) – Prime Ministe Pham Minh Chinh has delivered a speech at the Centre for Strategic and International Studies (CSIS) in Washington D.C. during his ongoing working trip to US. The following is the full text of the speech. “SINCERITY, TRUST AND RESPONSIBILITY FOR A BETTER WORLD” Dear Dr. John Hamre, President and CEO of the Center for Strategic and International Studies, Ladies and gentlemen, I am very happy to visit the Center for Strategic and International Studies for the first time today, though this is far from the first time I hear of the CSIS, a top American think tank in the field of foreign strategies and policies and international issues. Seventy-seven years ago, President Ho Chi Minh, the national hero of Vietnam and great man of culture, prefaced the Declaration of Independence establishing the … [Read more...] about Remarks by PM Pham Minh Chinh at CSIS in Washington D.C
EU-funded program promotes women’s economic empowerment in Vietnam
Companies that practice gender equality and women empowerment in the workplace, marketplace, and community are believed to gain advantage in competitiveness and sustainable development. Women’s economic empowerment in Vietnam has been promoted through a program funded by the European Union (EU) and the United Nations Entity for Gender Equality and Empowerment of Women (UN Women) for the 2019-2022 period. Le Thanh, Program Manager of the European Union Delegation, speaks at the conference WeEmpowerAsia Journey held in Hanoi on May 10. Photos: UN WOMEN More than 1,500 enterprises in Vietnam have been equipped to improve awareness of women’s empowerment principles in the workplace, marketplace, and community in the past three years in a program funded by the European Union (EU) and United Nations Entity for Gender Equality and Empowerment of Women (UN Women). Approximately 3,300 women-owned enterprises strengthened their capacity to adapt to Covid-19 and the … [Read more...] about EU-funded program promotes women’s economic empowerment in Vietnam
Lam Dong and HCMC connect to sell agricultural products
Many workers hustled to make products at Anh Dao Cooperative in Da Lat City At the fruit and vegetable processing zone on Xo Viet Nghe Tinh Street of Anh Dao Cooperative in Da Lat City, many workers hustled to make products. According to the process, agricultural products are harvested from the gardener, then they are brought directly to the warehouse to be classified according to each product that has been ordered in advance. Each product will have its own way of preliminary processing and packaging, but the common point is that they are all classified from the source so that when they go to the place of consumption, they will limit the need to select products and limit the source of agricultural waste. Ms. Uyen of Anh Dao Cooperative said that cabbage vegetables need to be wrapped in paper to avoid being crushed and damaged when they are transported to supermarkets in Ho Chi Minh City. Each year, this unit supplies hundreds of thousands of tons of vegetables and fruits to the … [Read more...] about Lam Dong and HCMC connect to sell agricultural products
Lam Kinh ancient royal capital holds feudal mysteries
The Lam Kinh relic site in the northern province of Thanh Hóa's Thọ Xuân District has attracted thousands of tourists since it re-opened in April. Photo ditichlamkinh.vn The special national relic site of the Lam Kinh ancient royal capital of the Later Lê Dynasty in the northern province of Thanh Hóa's Thọ Xuân District harbours mysterious tales about one of the most significant Vietnamese feudal reigns. After more than 10 years of restoration, the site's Main Temple Hall area comprising the most important works covering over 1,600 square metres, opened at the beginning of April, attracting thousands of visitors. The 200ha site is a complex of monuments with a large area of unique architectural works of the Later Lê Dynasty (1428-1789). The restoration was officially completed based on the original foundations. Along with the restored works of the Main Temple Hall, other areas, including Thái Miếu (Royal Temple), Nghinh Môn (Welcome Gate), Dragon Yard or audience … [Read more...] about Lam Kinh ancient royal capital holds feudal mysteries