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
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VIETNAM BUSINESS NEWS HEADLINES OCTOBER 13
The concept of 7 Bridges Brewing Company formed in the summer of 2016 and R&D started in September 2016. During that time, the founder was brewing test batches aiming for commercial production, which commenced in April 2017 once the license was issued. R&D is a key element of its business model and involves constant re-investment in production systems, sales outlets, and product recipes. … [Read more...] about VIETNAM BUSINESS NEWS HEADLINES OCTOBER 13
BUSINESS NEWS OCTOBER 12
With regard to the future prospects of the RECP, economists at a recent seminar titled ‘RCEP agreement – Negotiation Updates and Issues Concerned by Businesses’ said that the RCEP can be considered the world’s largest regional trade agreement with its market size being larger than that of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). … [Read more...] about BUSINESS NEWS OCTOBER 12
VIETNAM NEWS HEADLINES OCTOBER 13
Vice Minister Bui The Duy from the Ministry of Science and Technology commented: ‘The innovation partnership between Australia and Vietnam has proven to be an effective mechanism for the two countries to share best practice and models to enhance the innovation systems in both countries. We hope grants provided under the Aus4Innovation program will set examples of how innovation – particularly when it can jointly developed and implemented – can transform our society and deliver economic, social and environmental sustainability.’ … [Read more...] about VIETNAM NEWS HEADLINES OCTOBER 13
VIETNAM POLITICAL NEWS HEADLINES OCTOBER 13
Politburo member, Permanent Deputy Prime Minister Truong Hoa Binh, on behalf of the Political Bureau, read the Political Bureau’s acquirement and explanation report on ideas discussed by the Party Central Committee on the socio-economic situation and the implementation of state budget in 2019; the socio-economic development plan for 2020; state budget estimate for 2020 and the finance-budget plan for 2020-2022. … [Read more...] about VIETNAM POLITICAL NEWS HEADLINES OCTOBER 13
Breakfast @ Tuoi Tre News – October 13
-- Vietnamese tourist company Vietravel was honored with three awards, namely Asia's Leading Tour Operator, Vietnam's Leading Tour Operator, and Vietnam's Leading Travel Agency, during the World Travel Awards 2019-Asia Region, which took place on Phu Quoc Island off southern Kien Giang Province on Saturday evening. … [Read more...] about Breakfast @ Tuoi Tre News – October 13