More than 10 banks have increased their deposit interest rates by 0.1-0.9 percentage points in the last month, with the highest now for a 12-month period being 6.2%. Many of them are large private banks like VPBank, Techcombank, ACB, Sacombank, TPBank, and SHB. The highest raise has been by Sacombank, which raised its rate for […]

• Share:

The National Data Center must become a crucial component of the digital infrastructure   Illustrative Photo The Prime Minister on September 4 issued Directive No 32/CT-TTg to expedite the implementation of the Government’s Resolution No 175/NQ-CP, dated October 30, 2023, which approves the National Data Center project. The Resolution emphasizes that the National Data Center […]

• Share:

The U.S. dollar fell against the Vietnamese dong Thursday morning while analysts expect its weakness to stall in upcoming months.   Four thousand U.S. dollars are counted out by a banker counting currency at a bank in Westminster, Colorado Nov. 3, 2009. Photo by Reuters  Vietcombank sold the greenback 0.34% lower at VND24,930.   The […]

• Share:

Foreign investors continue to eye the potential Vietnam holds in the semiconductor and chip space.   The Signetics Corporation, a member of South Korea’s Young Poong Group, a semiconductor supplier for many large corporations, such as its compatriots Samsung and SK, in August announced plans to build a factory at the Ba Thien I Industrial […]

• Share:

Cam kết phát triển bền vững được xem là động lực chính giúp thúc đẩy sự phát triển của các dự án có yếu tố bền vững, từ đó thu hút thêm các khách hàng cao cấp tới Việt Nam…   Ảnh minh hoạ: Ngành công nghiệp đang dẫn đầu việc đạt được các chứng […]

• Share:

Under the plan, wood exports expected to reach $20 bln by 2025   Vietnam targets to maintain national forest coverage between 42-43%. Vietnam targets to increase the export value of wood and wood products to $20 billion by 2025 and $25 billion by 2030 under the national forestry planning for 2021-20230 period, with a vision […]

• Share:

When he became an engineer for leading semiconductor company Renesas, Tran Dac Khoa did not expect to wait for five years to design his first chip. The job, listed in a daily newspaper, came with a short description about the Japanese-owned company, one of the world’s top 10 chipmakers. In 2004, when Renesas opened an […]

• Share:

Vietnam’s economic growth is expected to pick up in 2024, driven by a rebound in manufactured exports and tourism, and recovering consumption and business investment, the World Bank (WB) said on August 26 in a new report.   A woman works in a garment factory in Da Nang City, central Vietnam, in June 2024. Photo […]

• Share:

The U.S. dollar fell against the Vietnamese dong Tuesday morning to the lowest since April 2 but gained slightly in other markets.   An employee counts U.S. banknotes at a bank in Hanoi. Photo by VnExpress/Giang Huy  Vietcombank brought its rate down by 0.2% to VND25,000.   The State Bank of Vietnam set its reference […]

• Share:

Around 44% of Singapore residents believe they will never achieve financial freedom, partly due to insufficient income and debts, a survey has found. 29% say they will be able to achieve financial freedom eventually, while 27% say they have achieved it, according to a recent survey by insurer Singlife.   Respondents on average say they […]

• Share: