Innovation in banking is not about competition with the rise of fintech – it is more about giving customers the best experience they can get. With that, Vietnamese commercial lender Techcombank has been positioning itself at the forefront of innovation in the country’s financial sector. Understanding this ultimate goal, Techcombank has been tirelessly transforming itself to deliver greater benefits to its customers. With a new CEO at the helm with decades of experience in overhauling and modernising famed banking institutions, Techcombank is speeding ahead in its pursuit for customer excellence through efficient utilisation of technology, data, and the human touch of simply asking the right questions. This year you left Siam Commercial Bank (SCB), one of the most prestigious banks in the region. What triggered you to choose Vietnam and specifically Techcombank? What I enjoy most is constantly changing and building things, helping organisations transform, and shifting … [Read more...] about Investing in innovation to aid growth potential
Digital opportunity investment trust
Vietnamese, Indian pharmaceutical enterprises have great opportunities in Viet Nam
As most of the local pharmaceutical companies mainly produce inexpensive and common drugs, while drugs of high value still have to be imported, Anh said he was looking for Indian partners who can incorporate, transfer technology or participate in part of the pharmaceutical active ingredient semi-synthetic chain in Việt Nam. … [Read more...] about Vietnamese, Indian pharmaceutical enterprises have great opportunities in Viet Nam
Vietnamese, Indian pharmaceutical firms have great opportunities in Vietnam
Hanoi (VNS/VNA) - Experts have pointed out lots of opportunities for Vietnamese and Indian enterprises in the pharmaceutical industry in Vietnam. In an effort to promote trade and investment in the pharmaceutical sector, the Embassy of India, the International Investment Promotion Alliance, the Association of Foreign Invested Enterprises and the Vietnam Chamber of Commerce and Industry (VCCI) organised a seminar in Hanoi on January 21 to connect experts and enterprises from the two countries. According to the embassy, India was popularly known as the pharmacy of the world, earning its credibility as one of the largest manufacturers of generic drugs. It also said the Indian pharmaceutical sector supplies over 50 percent of global demand for various vaccines, 40 percent of generic demand in the US and 25 percent of all medicine in the UK. Indian drugs are exported to more than 200 countries in the world, with the US being the key market. Indian pharmaceutical exports, … [Read more...] about Vietnamese, Indian pharmaceutical firms have great opportunities in Vietnam
Vietnam sees once-in-a-generation opportunity: Nikkei newspaper
Hanoi (VNA) – Japan's Nikkei newspaper has run a story highlighting the opportunity for Vietnam to rise stronger after the COVID-19 pandemic is completely controlled. It spotlighted Vietnam's efforts in maintaining economic activities amid the pandemic, which made the country one of the Asian economies recording the highest growth in 2020. The article noted that in 2020, Vietnam signed three free trade agreements (FTA), and saw the introduction of another airline, while rising to the sixth position in Southeast Asia in terms of per capita income. It noted that Vietnam grasped the greatest opportunity in decades to become one of the countries with the highest GDP growth in the world with an expansion of 2.9 percent and an expected rate of 6.5 percent in 2021. The article cited a report by Euromonitor as saying that Vietnam is forecast to be one of the markets with the busiest merge and acquisition (M&A) activities and the most potential M&A market only after the US. … [Read more...] about Vietnam sees once-in-a-generation opportunity: Nikkei newspaper
Experienced local contractor eyeing partnership with Japanese partners
Khang Duc is the contractor of the Ana Marina project in Nha Trang Khang Duc Investment and Construction JSC, formerly known as Khang Duc Co., Ltd., was established in 2009 and equitised in 2013. The company has over 10 years of experience in the field of wind power, seaport embankment, factory infrastructure, and industrial zone development. … [Read more...] about Experienced local contractor eyeing partnership with Japanese partners