Switzerland bank holidays 2020

AppleInsider breaks down every record Apple smashed in its gargantuan fiscal quarter ending in December 2020. Apple's first fiscal quarter was one to remember, breaking records left and right on its way to a staggering $111.4 billion in total revenue. While that number was the biggest takeaway, it was far from the only record the company shattered. Total revenue Apple brought in a staggering $111.4B in Q1 2021 During the 1Q 2021 financial quarter, Apple raked in $111.4 billion in total revenue. This is the first time the company has passed $100 billion for a quarter, breaking its previous record of $91.8 billion in the prior year's December-ending quarter. It's all the more surprising that Apple did this during a global pandemic, as many working families cut down on luxury purchases. Impressive iPad and Mac sales boosts may have partially reflected the greater need for work-from-home and Zoom-friendly computing devices. However, the iPhone continued … [Read more...] about Ten records Apple broke in its historic holiday 2020 quarter

Prime Minister Nguyễn Xuân Phúc receives Director of Switzerland’s Federation Department of Environment, Transport, Energy and Communication Doris Leuthard in Hà Nội yesterday. — VNA/VNS Photo Thống Nhất HÀ NỘI — Prime Minister Nguyễn Xuân Phúc has affirmed that Việt Nam is keen to foster friendship with Switzerland and hopes the two countries will continue bolstering co-operation in all fields, especially trade and investment. The PM made the statement while meeting the visiting Director of Switzerland’s Federation Department of Environment, Transport, Energy and Communication Doris Leuthard in Hà Nội yesterday after their previous meeting in January 2017 when the PM attended the World Economic Forum in Davos. He welcomed the two countries’ signing of agreements to support each other at multilateral forums. Leuthard said she was impressed by Việt Nam’s growth as well as delight at the progress of the ties between the two countries over the past few … [Read more...] about Việt Nam keen on bolstering all-round partnership with Switzerland: PM

Banks have taken many policies, including offering free money transfers and investing in digital technology to attract customers. — Photo cafef.vn Competition among banks to lure demand deposits is becoming fiercer as the cheap capital source helps banks increase their net interest income (NIM) ratio. Demand deposits have very low interest rates of only 0.1 per cent per year. Therefore, banks will have low input capital costs and ease to increase their NIM ratio if they have high current account savings account (CASA) ratio – or the proportion of demand deposits out of total deposits. Besides, CASA also reflects customers' belief and assessment of banks’ service quality, especially payment services. Therefore, increasing CASA has become extremely important in retail banking strategy and many banks consider it one of the top targets in recent years. Before 2018, Vietcombank and MBBank were the two banks with the largest proportion of CASA in the banking system. While … [Read more...] about Banks step up to lure demand deposits

PM Nguyễn Xuân Phúc (l) meets with Swiss President Ueli Maurer yesterday. — VNA/VNS Photo Thống Nhất Davos, Switzerland — In a meeting with Swiss President Ueli Maurer yesterday, PM Phúc said Việt Nam attached importance to consolidating and strengthening its ties with Switzerland. He took the occasion to thank Switzerland for supporting Việt Nam’s candidacy for a non-permanent member post in the UN Security Council for the 2020-21 tenure, and for committing an ODA of US$90 million for the country in the 2017-20 period. Both sides agreed to select suitable projects to effectively use the financial resource, and to co-ordinate closely at multilateral forums – especially the United Nations – to ensure law, peace, stability and sustainable development in the region and the world. PM Phúc voiced his hope to welcome more Swiss investors, especially those operating in finance-banking, insurance, manufacturing, pharmaceuticals and tourism. He also said he hoped Switzerland and … [Read more...] about Viet Nam to strengthen ties with Switzerland

Swiss President Ueli Maurer welcomes Vice President Đặng Thị Ngọc Thịnh (L). — VNA/VNS Photo Phương Hoa BERN — Việt Nam wants to boost its ties with Switzerland, Vice President Đặng Thị Ngọc Thịnh said while meeting with Swiss President Ueli Maurer in Bern on Wednesday. Expressing her delight over sound relations between the two nations, particularly in politics-diplomacy, trade-investment, education-training and co-operation for development, she thanked the European country for supporting Việt Nam's successful run for a non-permanent spot on the UN Security Council (UNSC) during 2020-21. Việt Nam wants to boost collaboration and share experience with Switzerland to fulfill its mission at the UNSC, she added. Maurer, for his part, spoke highly of Việt Nam’s socio-economic development and global integration achievements, and congratulated Việt Nam on winning the UNSC seat. He said Switzerland treasures relations with Việt Nam and hoped Việt Nam would … [Read more...] about Việt Nam treasures ties with Switzerland: Vice President

Viet Nam, Switzerland affirm co-operative efforts (05-08-2008) Party General Secretary Nong Duc Manh yesterday welcomed Swiss President Pascal Couchepin on his official visit to the country. — VNA/VNS Photo Nhan Sang President Nguyen Minh Triet yesterday received Switzerland President Pascal Couchepin at the Presidential Palace. — VNA/VNS Photo Nguyen Khang HA NOI — Party General Secretary Nong Duc Manh said yesterday that Swiss President Pascal Couchepin and his wife’s official visit to Viet Nam has opened a new stage in friendship and co-operation between the two countries. He made the statement while meeting with the Swiss President yesterday afternoon, who is on an official visit to Viet Nam from August 3-6. Manh thanked the Swiss Government and people for their help in the previous struggles for national independence and national unity, and the country’s current development drive. The Party leader said that Viet Nam had always … [Read more...] about Viet Nam, Switzerland affirm co-operative efforts

Prime Minister Nguyễn Xuân Phúc receives visiting  visiting member of the Swiss Federal Council and head of the Federal Department of Economic Affairs, Education and Research Guy Parmelin in Hà Nội on Wednesday. — VNA/VNS Photo Thống Nhất HÀ NỘI – Việt Nam has always attached importance to, consolidated and strengthened the relations of traditional friendship and co-operation with Switzerland, Prime Minister Nguyễn Xuân Phúc stated on Wednesday. During a reception in Hà Nội for visiting member of the Swiss Federal Council and head of the Federal Department of Economic Affairs, Education and Research Guy Parmelin, the PM also thanked Switzerland for its support during Việt Nam’s bid to become a non-permanent member of the United Nations Security Council for the 2020-21 tenure. The Swiss official spoke highly of the outcomes of bilateral relations and said there is still room for further development. He also highlighted that many Swiss firms have poured investment into Viet Nam … [Read more...] about VN attaches importance to ties with Switzerland: PM

Banks take steps to fight card fraud The Saigon Times Daily A client of Saigon Thuong Tin Commercial Bank withdraws cash from an ATM. Local banks are adopting preventive measures to minimize risks for themselves and their clients – PHOTO: SACOMBANK HCMC – Local banks are taking precautionary measures to cope with card fraud, such as asking cardholders to change their passwords and locking automated teller machines (ATMs) after 10 p.m. during public holidays. A cardholder of Saigon Thuong Tin Commercial Bank, or Sacombank, told Tuoi Tre newspaper that she had received an email from the lender on April 28, which detailed the types of scams being employed. For example, scammers pose as bank staff and tell clients they have won prizes, or they hack into Facebook accounts to send phishing messages. These individuals also pose as police officers and threaten clients to make them provide their bank account details. Some cardholders of Vietnam Bank for Industry and … [Read more...] about Banks take steps to fight card fraud

Central bank to stop printing small currency notes for Tet The Saigon Times Daily Small-denomination banknotes on display – PHOTO: VNA HCMC – The State Bank of Vietnam (SBV) will not be printing low-denomination banknotes for the upcoming Lunar New Year holiday, or Tet, according to a press statement from the central bank released earlier today, January 7. Pham Bao Lam, head of the Issue and Vault Department at SBV, was quoted by the Vietnam News Agency as saying that the central bank has been following a policy to stop offering new notes of low denominations such as VND10,000 (44 U.S. cents) and lower on the market since November 2018. Despite no issuance of new bills, the number of low-denomination banknotes already in circulation is expected to rise by 25% during the forthcoming Tet holiday, according to Lam. The central bank estimated that the number of small banknotes with a face value of less than VND10,000 last year saw a 12% increase over the previous … [Read more...] about Central bank to stop printing small currency notes for Tet

Bank customers warned of online transaction fraud during Tet The Saigon Times Daily Customers are transacted at a Techcombank transaction office in HCMC. Banks have warned their customers of online transaction fraud during Tet - PHOTO: THANH HOA HCMC - As fraud is common during Tet (Lunar New Year), local commercial banks have called on their clients to be careful when conducting online transactions, Thanh Nien Online newspaper reported. Specifically, the Bank for Foreign Trade of Vietnam (Vietcombank) has warned its clients of the most common tricks used by fraudsters. According to the bank, fraudsters tend to contact bank account holders by telephone, on social media or by email, pretending to be their relatives or officials and asking these customers to transfer money to them. They even pose as Vietcombank officials and ask for passwords to bank accounts. As for those using e-wallets, swindlers may call themselves employees of e-wallet service providers and … [Read more...] about Bank customers warned of online transaction fraud during Tet