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Finally, as the standard of living is improving around Vietnam, the need for consumer durable loans and two-wheeler loans issued at the point-of-sale (POS) continues to grow steadily. FE CREDIT’s total loans at POS make up 9 per cent of the total loan book and grew nearly 10 per cent vs. the first quarter. It has captured the increase in market demand by boosting strategic partnerships with leading retailers who make up the bulk of the home appliances and two-wheeler sales in Vietnam. … [Read more...] about BUSINESS NEWS OCTOBER 11

At the event, the FTU, the Centre for Data Science and Service Research - Graduate School of Economics and Management of Tohoku University (Japan), the Faculty of Economics and Business Management of National University of Laos, and the Climate Change Research Centre at the Viet Nam Institute of Meteorology, Hydrology and Climate Change signed an agreement on furthering co-operation in research and education on climate change and economic development. They also launched a network to expand joint research and education on climate change. … [Read more...] about VIETNAM BUSINESS NEWS HEADLINES OCTOBER 13

At the end of the ceremony, deputy head of the Central Steering Committee for Disaster Prevention and Control Tran Quang Hoai introduced three activities, including the “Be va cac vi than” (Kids and Genies) programme, a contest on disaster prevention for members of the Ho Chi Minh Vanguard Children’s Union, and a ceremony to launch the first national press award on disaster prevention and control./. … [Read more...] about VIETNAM NEWS HEADLINES OCTOBER 13

Trang also pointed out that with regard to the CPTPP, the country has faced an array of difficulties in taking full advantage of tariff incentives on garments and textiles as Vietnamese products must adhere to rules of origin whereby a certain ratio of materials from a product must originate from other CPTPP members. Currently, most of the nation’s supply sources of materials originate from China. … [Read more...] about BUSINESS NEWS OCTOBER 12

A recollection of what was happening at the beginning of the last coffee season in October 2018 reminds us that domestic and foreign traders all observed that Vietnam’s coffee would be better both in quantity and quality. Over the past 12 months, no complaint about coffee quality has been lodged; however, assertions of quantity should be reconsidered. Reuters’ latest report based on data from the General Statistics Office show that Vietnam’s coffee export during the 2018-2019 crop reached about 1.7 million tons, 100,000 tons lower than the previous crop of 2017-2018. … [Read more...] about An escape for coffee growers, traders

The valley inside Tràng An Landscape Complex was chosen as a filming location together with nearby Vân Long marsh land and Tam Cốc waterway in Ninh Bình, as well as Hạ Long Bay in Quảng Ninh Province and Phong Nha National Park in the central province of Quảng Bình. … [Read more...] about Stop monkeying around with our heritage sites