Using environmentally friendly and recycled packaging has become a worldwide trend, forcing packaging manufacturers to adapt. Recycled plastics are gradually replacing regular plastics to deal with the persistent pollution tied to the industry, following policies issued by numerous governments to rein in plastic waste. Notably, in October 2018, the European Parliament approved new EU-wide rules, […]
Read MoreThe Hanoitimes – Despite challenges, Vietnam’s banks are nearly approaching their full-year targets but the risk provision pressure remains great. Preliminary business results of commercial banks in the first nine months delivered a positive picture of the banking sector in 2020. Despite challenges banks have faced during the Covid-19 pandemic, banks are nearly approaching their full-year […]
Read MoreThere is a serious shortage of empty containers for exports from Viet Nam, Phan Minh Thong, general director of agriculture products exporter Phuc Sinh Joint Stock Company, said. Besides, international shippers were hiking their fees, and Vietnamese businesses would struggle to cope if the problem is not addressed, he added. Nguyen Dinh Tung, chairman and […]
Read MoreThe Hanoitimes – Capital and expertise of foreign investors can help speed up the banks’ restructuring process. Capital and expertise of foreign investors can help speed up the banks’ restructuring process but their plans may face challenges. Currently, many Vietnamese banks have sold equity to foreign investors but many still have foreign room (foreign ownership rate). […]
Read MoreExperts say there is great potential for social payments in Vietnam thanks to the high number of social media users. For example, if you want to buy goods from a seller on Facebook, you can reach an agreement about the price, and then the seller will send a request for payment through the chat box. […]
Read MoreThe Hanoitimes – The inflation in 2020 is forecast at 3.3%, significantly lower than the target of 4% set by the government. Current low inflation is opening up room for the State Bank of Vietnam (SBV), the country’s central bank, for further cutting its policy rates and aid the economic recovery process. November consumer price index […]
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