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Many small banks may not reach their profit targets this year, while major banks’ profits are expected to be modest.
The Vietnamese Ministry of Industry and Trade (MoIT) has recently reported that amongst 15 export commodities with 60 percent of the country’s total export turnover, seven decreased in price in September. Accordingly, items decreased in price including seafood, cashew nut, tea, coal, crude oil, rubber...
Vietnam is now an important focus for global information and communications technology (ICT) companies that are making efforts to increase their presence in the Southeast Asian region, according to telecom experts.
Foreign investment funds said on last Friday that they still saw huge potentials in small- and medium-sized enterprises (SMEs) in Vietnam despite the global uncertainty.
The investor of Mong Duong 2 thermo power plant project (in the northern province of Quang Ninh), which is invested in the form of construction-operate-transfer (BOT), has recently paid $32.4 million deposit to the Ministry of Industry and Trade (MoIT) to ensure the implementation of the project.
Several public-private partnership (PPP) projects out of a tentative list of 24 ones will be put forth soon to call for private investors, local and foreign alike, the Ministry of Planning and Investment said at a conference here in HCMC yesterday.
Asia Commercial Bank, Techcombank, Eximbank, Sacombank and DongA Bank have been authorised alongside Sai Gon Jewelry Co (SJC) to trade in gold bars at quoted global prices in an effort to stabilise the chaotic domestic market for gold.
Indonesia has just signed an agreement to import an additional 700,000 tonnes of rice from Vietnam, bringing the total imported volume to 1.2 million tonnes so far this year.
A number of Taiwanese enterprises plan to shift their investment to Vietnam, especially the north, said a Taiwanese delegation at the 18th Vietnam-Taiwan trade development conference organized in HCMC yesterday.
