Statistics of the State Bank of Viet Nam showed that checkable deposits at payment accounts of individuals totalled VND476.5 trillion (US$20.5 billion) as of the end of March, nearly VND23.2 trillion lower than the end of 2019, or a quarter-on-quarter drop of 4.64 per cent. … [Read more...] about Checkable deposits see first decline since Q4, 2018
Momentous conference 2018
For railways, the main impact of digitalisation is on the model of operation. Technologies like AI, big data, cloud computing, and autonomous driving will impact the industry. These technologies are expected to create a new environment in which rail operators will need to be more agile, act more quickly, and change continuously in order to succeed in their mission amid stiffening competitions from rivals. … [Read more...] about BUSINESS NEWS HEADLINES MAY 25
Speaking at a May 8 conference reviewing production and business activities in the first four months of 2020, General Director of PVN Le Manh Hung said the overall economy remains volatile, and there are many challenges to economic growth. Hung asked subsidiaries and affiliates to adjust their management approach to these market fluctuations for the rest of the year because the situation has become more serious than previously forecast. … [Read more...] about Oil and gas group weathers dual epidemic and oil price crisis
The cuts came amid bank credit growth in the first quarter of only 1.1 per cent compared to 2.28 per cent in the same period last year as many businesses scaled down or stopped operations, experts said. … [Read more...] about VN ready to be world’s factory, but is the world?
From left: Vietnam internationals Nguyen Tuan Anh, Nguyen Quang Hai, and Do Hung Dung are present at a ceremony to sign a sponsorship deal between King Coffee and the Vietnam Football Federation in Hanoi, May 25, 2020. Photo: Nam Khanh / Tuoi Tre Thao added that she would extend the deal if all goes well. … [Read more...] about King Coffee becomes Vietnam football’s main sponsor