Risk taking vs risk management

Determined to improve its bad debts situation and financial capacity, in 2019 it recovered over 80 per cent of its bad debts and is expected to handle all the debts it sold to the Việt Nam Asset Management Company in the first quarter of 2020, settling its bad debts ahead of schedule, the bank added. — VNS … [Read more...] about Viet Capital Bank unveils excellent 2019 results

Davos (VNA) – Permanent Deputy Prime Minister Truong Hoa Binh highlighted the theme and priorities of the Association of Southeast Asian Nations (ASEAN) and Vietnam as ASEAN Chair in 2020 while speaking at a plenary session of the 50th World Economic Forum (WEF) meeting in Davos, Switzerland, on January 21. At the “Strategic Outlook: ASEAN” session, Deputy PM Binh emphasised that ASEAN is a united and dynamic community of 10 independent Southeast Asian states. Among them, Vietnam has an economic growth rate of over 6 percent over the last 20 years and is one of the fastest growing economies in the Asia-Pacific region and the world with an average annual growth pace of 7 percent in the last couple of years. ASEAN is a strategic priority in Vietnam’s foreign policy, he affirmed, adding that the country chose the theme “Cohesive and Responsive” for the year it holds the bloc’s chairmanship to respond to the common concern of the ASEAN members, … [Read more...] about Deputy PM highlights ASEAN’s priorities at 50th WEF meeting

Davos (VNA) – Permanent Deputy Prime Minister Truong Hoa Binh led a Vietnamese delegation to participate in many activities within the framework of the 50th annual meeting of the World Economic Forum (WEF) in Davos, Switzerland, on January 21. The Deputy PM was a keynote speaker at the plenary session on strategic prospects for the Association of Southeast Asian Nations (ASEAN), attended other important sessions of the meeting and met with leaders from many countries, international organisations and global leading groups. He also met with President of the WEF Borge Brende and attended a ceremony to announce the conclusion of the Vietnam-WEF cooperation agreement.  Binh told the WEF president that Vietnam highly appreciated the WEF’s coordination with Vietnam to implement successfully the bilateral cooperation agreement.  He emphasised that the implementation of the deal since its signing on the occasion of Prime Minister Nguyen Xuan Phuc’s attendance at … [Read more...] about Deputy PM active at 50th meeting of WEF in Davos

Along with the flower markets, Tay Tuu Village, the largest flower growing area in Hanoi, is a must-see for tourists with its countless flowers. Meanwhile, the Bat Trang pottery village brings out a series of rat-shaped ceramic plates to herald the Year of the Rat. Stores are packed with candied fruits and a variety of coloured gift baskets. Markets are more vibrant with people selecting satisfying gifts for their family and friends. … [Read more...] about Vietnam welcomes the Year of the Rat