While many industries are suffering during the Covid-19 pandemic, cold storage supply chains are heating up the logistics industry. In a cold storage system, the standard temperature is always below 2 degrees Celsius. A standard cold storage is divided into four warehouse systems (from 1 to 4) that operate fully automatically, with 14 robots and […]
Read MoreVietnam is in a better vaccine position to protect itself from imposing another lockdown. Vietnam’s economy is set to return to solid growth of 6.5% in 2022, although the spread of Omicron poses risks locally and globally. The growth rate would be in line with the Vietnamese Government’s target of 6.5-7% for this year, indicating […]
Read MoreA number of Vietnamese banks plan to sell more shares to foreign investors in 2022 as part of set strategies. Leaders of the Orient Commercial Bank (OCB) said the bank was negotiating with foreign partners to sell 10 per cent of its charter capital, baodautu.vn reported. If the deal is successful, the bank will lift […]
Read MoreHANOI (VIET NAM NEWS) – Seven countries and territories, including the United States (US), Japan, Singapore, Cambodia and South Korea, have agreed to resume air routes to Vietnam, according to the Civil Aviation Authority of Vietnam (CAAV). Most have basically agreed with Vietnam’s proposal on the frequency of four regular international passenger flights per week […]
Read MoreThe increasing demand for services for the elderly has created investment and business opportunities for local and foreign investors. The Viet Nam Chamber of Commerce and Industry (VCCI) in HCM City and the United Nations Population Fund (UNFPA) launched the Network for the Development of Business Services for Older Persons in Viet Nam. According to […]
Read MoreMany banks made a high profit in 2021 thanks to high lending interest rates. However, they have been warned of ‘making a rod for their own back’. Bank loans inaccessible to businesses According to the State Bank of Vietnam (SBV), the central bank has lowered interest rates three times, by 1.5-2 percentage point per annum […]
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