The Hanoitimes – The stable outlook for Vietnam`s banking system reflects the country`s robust economic performance, which will support asset quality and profitability. Vietnam’s banks have been cleaning up their balance sheets, supporting asset quality, and the systemwide problem loan ratio is expected to decline to 4.8% at the end of 2020 from 5.1% at the […]
Read MoreSINGAPORE – Omnichannel logistics and channel management solutions firm UrbanFox is expanding to Vietnam and Malaysia with support from Enterprise Singapore, it said on Tuesday (Aug 20). UrbanFox – whose parent company is Keppel Logistics – worked with Keppel Land to establish online-to-offline (O2O) capabilities at Estella Place shopping mall in Ho Chi Minh City, […]
Read MoreThe Association of Southeast Asian Nations (ASEAN) Digital Conference was held by the World Economic Forum (WEF), earlier this week. The WEF is the international organisation for public-private cooperation. Speaking at the conference, the Vietnamese ICT Minister, Nguyen Manh Hung, said that Digital ASEAN will create new strength for Southeast Asia and bring the allied nations closer. Digital transformation […]
Read MoreSET-listed WHA Utilities and Power (WHAUP) is optimistic about its water business for industrial estates in Thailand and Vietnam thanks new expansion and investment flows in both countries. Wisate Chungwatana, chief executive of WHAUP, said water sales and services to industrial operators are expected to grow by 23% to 130 million cubic metres per year. […]
Read MoreThe Hanoitimes – The plant would cover an area of 300 hectares with production capacity of 1.5 million tons of ferrochrome carbon per year in phase 1, as well as one million tons of stainless steel and one million tons of non-ferrous metals per year in phase 2. China’s steel producer Mintal has proposed a project […]
Read MoreThe Hanoitimes – Vietnam’s exports in the January – July period grew 7.3% year-on-year, less than half the growth rate recorded in the same period last year, while FDI commitments as of June 20 totaled US$18.47 billion, down 9.2% year-on-year. Contrary to previous reports that Vietnam would benefits from the escalating US – China trade war, […]
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