Therefore, bank savings accounts at a common interest rate of 4.3% - 5% per year for deposits with a term from one month to less than six months, 5.3% - 7% per year for deposits with a term from six months to less than 12 months, or 6.6% - 7.5% per year for deposits with a term of over 12 months may run low risks and is thus chosen by many people. What’s more, the growth rate of capital mobilization has remained positive throughout the years, 12.5% in 2019, higher than 11.3% in 2018. Obviously, except for the gold market, which generated an annual growth rate of more than 16% in 2019, bank deposits with a term of more than six months may be safer than other investment channels. … [Read more...] about The best investment channel, again?
Vietnam has inherent advantages in manufacturing, especially in the fields of textiles, leather, shoes, and consumer products. “Together with local partners, AGSV will help businesses identify and seize opportunities to export domestic products, diversify global product lists, and contribute to the growth of Vietnam’s economy,” said Mr. Tran Xuan Thuy, AGSV Director. … [Read more...] about Exporting to all four corners
The 45 ASCOPE Council Meeting was successfully hosted in Hanoi. For the first time, Petrovietnam assumed the role of ASCOPE Secretary-in-Charge during ASCOPE's half-century history of foundation and development. This demonstrates the deep integration, the positive role of Petrovietnam and its members in the Southeast Asian oil and gas community, in parallel with the increasing position of Vietnam in ASEAN. … [Read more...] about Petrovietnam’s Hallmarks of 2019
Tô Thị Thu Hương, deputy director of the Ministry of Information and Communications’ information and technology department, said IT is a fast-growing sector with large exports which makes a significant contribution to the country’s GDP. … [Read more...] about Global value chains a mixed bag for IT firms
Accordingly, Binh Thai Nguyen– who claims to be OYO’s partner in Vietnam – encountered a number of problems where he continuously emailed and dispatched documents to both OYO's country head for Vietnam, Dushyant Dwibedy, and OYO Vietnam director Dao Thi Bich Tram. However, responses were a long time coming, sometimes even taking more than a month. … [Read more...] about Indian hotel network OYO on red alert