Under the ministry’s instruction, the people’s committees of Hanoi and HCM City need to ask Vingroup to set out pilot runs, including technical safety and environmental standards. Earlier, Vingroup proposed a plan to open 10 electric bus routes with a total of 150-200 buses in Hanoi and five routes of the same kind in HCM City. In May, VinGroup set up the VinBus subsidiary specialising in transport services. VinBus is scheduled to provide its public transport services in five major cities of Vietnam, including Hanoi, Haiphong, Danang, Ho Chi Minh City and Can Tho. … [Read more...] about Transport ministry agrees electric bus operation in Hanoi, HCM City
Transporter service tax
Operators make more money from digitalisation
According to the Viet Nam Telecommunications Authority, Ministry of Information and Communications, mobile service revenue is still mainly based on traditional types of services, especially voice and SMS, which account for more than 54 per cent. Meanwhile, these services are saturated. … [Read more...] about Operators make more money from digitalisation
FPT achieves double-digit profit growth in 2020
HCM CITY — FPT Corporation achieved pre-tax profits of VNĐ5.261 trillion (US$228.58 million) on revenues of VNĐ29.83 trillion ($1.29 billion) last year, a year-on-year increase of 12.8 per cent and 7.6 per cent, mainly driven by the digital transformation, overseas IT services and telecom. … [Read more...] about FPT achieves double-digit profit growth in 2020
Thaiholdings capitalisation hits nearly $2.6 million after recent share sale
HÀ NỘI — In a statement, Thaiholdings Joint Stock Company (THD) said that the company successfully finished the sale of 296.1 million shares for its existing shareholders. After the sale, Thaiholdings's capital rose to VNĐ3.5 trillion from VNĐ539 billion. … [Read more...] about Thaiholdings capitalisation hits nearly $2.6 million after recent share sale
Seven local banks to issue domestic chip credit cards
Cardholders will not have to pay fees for transactions, but for cash withdrawal activities conducted at ATMs not operated by the card issuers. The fees for cash withdrawal would be 1-2% of the transaction value (a minimum of VND10,000-20,000 per transaction), much lower than the fee of 4% on other international credit cards. … [Read more...] about Seven local banks to issue domestic chip credit cards
