Top business news today

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

According to Trinh Quoc Vu, deputy head of Energy Saving under the Ministry of Natural Resources and Environment, with some 6,000 factories employing more than 3 million people, the industry is both economically and socially important for the country. However, the sector has an adverse environmental impact. Intensive water extraction, use and discharge of wastewater and high energy consumption for water heating and steam generation are all environmental concerns. … [Read more...] about VIETNAM BUSINESS NEWS HEADLINES OCTOBER 13

He said the country would spare no efforts to address bottlenecks to facilitate firms’ operations, noting Việt Nam had jumped ten places in the latest Global Competitiveness report compiled by the World Economic Forum, marking the strongest rise in this year’s global ranking.  … [Read more...] about Việt Nam creates optimal conditions for foreign investors: PM Phúc

It would be wrong to describe this as the best fish and chips I’ve ever had, but it’s the best I’ve had in Hà Nội. In fact I’ll go one better, it’s the best fish and chips I’ve had outside of the UK, and there’s no better accolade I can give. … [Read more...] about There’s no taste like home

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

While working as a trader, Thảo predicted that demand for air travel would rise dramatically in Vietnam. In 2011, she launched the budget airline VietJet Air and took it public in February 2017. Since its launch, the airline has been a roaring success, and has helped put air travel within the reach of millions of Vietnamese. … [Read more...] about Vietnam’s first female billionaire inspires younger generations to reach for the stars