Business

Rising capital demand in the last few months of the year has put pressure on the liquidity of the banking system.

PM Nguyen Xuan Phuc has agreed a Vietnam Television and the State Capital Investment Corporation decision to pull out of the Vietnam Television Tower project.

Minister of Planning and Investment Nguyen Chi Dung and Ambassador Extraordinary and Plenipotentiary of Korea Lee Hyuk on Wednesday signed the Framework Arrangement concerning loans from the Economic Development Cooperation Fund (EDCF) for the 2016-2020 period.

The APEC CEO Summit 2017 is taking place in the central city of Da Nang from November 8-10 as part of the ongoing APEC Economic Leaders’ Week.

APEC has become the most effective economic cooperation mechanism in promoting the role of businesses and transforming the Asia-Pacific region into a driver of global growth and integration, president Tran Dai Quang said.

Prime Minister Nguyen Xuan Phuc delivered the opening address at the first-ever Vietnam Business Summit on November 7 in Da Nang.

PM Nguyen Xuan Phuc hosted a reception for Victoria Kwakwa, Vice President of the World Bank for East Asia and Pacific Region, on November 7, on the sidelines of the Vietnam Business Summit.

Apple Vietnam has proposed to remove some administrative procedures to advantage its business in the country.

Four leaders of Vietnam’s large corporations have been invited to participate in the APEC CEO Summit 2017, being held from November 8 to 10 in the central city of Đà Nẵng.

After securing a strong footprint in Vietnam’s southern metropolis of Ho Chi Minh City, fast-food giant McDonald’s is looking to consolidate its presence by moving its business to Hanoi.

Vietnam will attend the World Travel Market scheduled for November 6-8 in London, the UK.

In the country’s e-commerce industry, online payments account for only 3 to 4%, while cash on delivery (COD) is still at 92%.

With growing demand for banking services to facilitate overseas education, HSBC Vietnam has introduced an Overseas Education proposition with a variety of services and benefits for Premier clients: overseas account opening from Vietnam, free fund transfers, and preferential foreign

The European Union and the Da Nang Energy Conservation Center (DEEC) launched a project entitled “Development of Solar Energy in Da Nang” (DSED) on November 3.

A workshop was held in Ho Chi Minh City on November 2 to seek to increase the export of Vietnamese agri-products.

State-owned enterprises and local businesses should pay due attention to training workers for the fourth industrial revolution (Industry 4.0) so that they are not rendered redundant, experts said.

From December 1, 2017, Vietnamese who can show a minimum income of VNĐ10 million (US$440) per month are eligible to gamble at a casino.

The Ministry of Transport has requested Uber and Grab use their logo on cars so that they can be recognisable.

Vietnam jumped 14 places to number 68 among 190 economies in terms of the ease of doing business this year, according to the latest rankings released by the World Bank.