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VinFast, a unit of Vietnam’s biggest private conglomerate Vingroup, entered the auto industry three years ago. It has an auto plant in the northern province of Hai Phong and research and development centers in Australia, Germany and the U.S. … [Read more...] about VinFast introduces self-driving car models

HCM City (VNA) - Promoting consumer finance and simplifying procedures for loan applications would be a priority for commercial banks, financial companies and microfinance institutions as part of efforts to limit black credit, a conference heard in Ho Chi Minh City on January 20. Deputy Governor of the State Bank of Vietnam (SBV) Dao Minh Tu considered abolishing black credit as one of the important tasks that has been continuously implemented across the whole credit institution system in Vietnam. In recent years, the SBV and credit institutions in localities have been cocoordinating with the Ministry of Public Security and local authorities in implementing drastic measures to limit black credit. In the future, the SBV will continue improving the awareness of local people about credit policies, loan packages and procedures for loan applications so that local people could easily access bank loans. Meanwhile, the State Bank will study and soon complete legal documents … [Read more...] about Promoting consumer finance to fight black credit: experts

Their drinks, described as “a fine robusta grown at around 850m then honey-processed to a creamy texture with nutty walnuts, almond flavors, and a smooth mouthfeel,” were just one of dozens of options at the Vietnamese Coffee Fair: Tet Edition hosted by Lacàph, a Ho Chi Minh City-based café brand. … [Read more...] about Ho Chi Minh City coffee fair offers fresh look at fine Vietnamese robusta

Long charging time for the buses’ batteries, which ranges between six and eight hours per cycle, as well as the lack of mobile charging stations, and difficult maintenance due to costly spare parts also proved major issues for the operation of the electric bus system. … [Read more...] about Ho Chi Minh City ready for another test round of electric buses

Resulsts were mixed in the public banking sector, with CTG of VietinBank adding 1.6 percent, VCB of Vietcombank keeping its opening price, BID of BIDV topping losses with 2.7 percent, and MBB of mid-sized Military Bank shedding 0.8 percent. … [Read more...] about VN-Index enters third straight gaining session