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
Father best award
British University Vietnam and Bond University sign MoU
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
No ideal waste treatment technology for Vietnam yet
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
Exports to the Americas eye strong rebound
In the first seven months this year, Vietnam’s total export value to the American market approximated $77 billion, equal 22 per cent jump on-year, in which exports to the US market were a bright spot reaching $66.7 billion, up 23.7 per cent on-year. Earlier, accelerated export of Vietnamese products to this market was a hallmark in 2021 reaching $114 billion in total export value, showing a 27 per cent jump on-year. Vietnam also witnessed a big export surplus with this market reaching approximately $89 billion last year. Exports to the US surpassed $96 billion in 2021, more than $21 billion compared to 2020, placing the US in the pole position among Vietnam’s export markets with export value far exceeding that of other markets such as China, the EU, ASEAN, South Korea, and Japan. Several new markets clinching free trade agreements (FTA) with Vietnam in America such as Canada and Mexico have increased imports from Vietnam. Apart from seafood and apparel, the export … [Read more...] about Exports to the Americas eye strong rebound
Biden signs bill to boost US chips, compete with China
"The future is going to be made in America," Biden said, calling the measure "a once-in-a-generation investment in America itself." Biden touted investments that chip companies are making even though it remains unclear when the U.S. Commerce Department will write rules for reviewing grant awards and how long it will take to underwrite projects. Some Republicans joined Biden on the White House lawn to attend the signing of the chips bill that was years in the making in Congress. The chief executives of Micron, Intel, Lockheed Martin, HP and Advanced Micro Devices attended the signing as did governors of Pennsylvania and Illinois, the mayors of Detroit, Cleveland and Salt Lake City, and lawmakers. The White House said the bill's passage was spurring new chip investments. It noted that Qualcomm on Monday agreed to buy an additional $4.2 billion in semiconductor chips from GlobalFoundries' New York factory, bringing its total commitment to $7.4 billion in purchases through 2028. … [Read more...] about Biden signs bill to boost US chips, compete with China
Minh to take record of most appearances at badminton world championship
Nguyen Tien Minh on his way to taking bronze at the 31st SEA Games in May. He will be one of three Vietnamese athletes at the BWF Championship later this month. (Photo: VNA) Hanoi (VNS/VNA) - Nguyen Tien Minh will set the record for the most appearances at the Badminton World Federation (BWF) Championship later this month. The top ranked national player will take part in the event for the 13th time since his debut in 2005, one more than the current record held by Chinese legend Lin Dan. Malaysian prodigy Lee Chong Wei took part in 11 championships. Lin, who won five trophies, and Lee, who entered four final matches, retired in 2019 and 2020, respectively. Minh is one of 54 male athletes at the tournament which will be held in Japan from August 22-28. The world No 72 seed will come back to Tokyo's Metropolitan Gymnasium one year after he competed at the Summer Olympics, where he failed to advance to the knockout round. The 39-year-old from Ho Chi Minh City will be … [Read more...] about Minh to take record of most appearances at badminton world championship