Biomedical engineering growth

Profits come from service diversification Looking at the profit results of the four State-owned commercial banks (Big 4), Vietcombank had a pre-tax profit of nearly VND23.1 trillion (approximately US$1 billion) - the highest level in the banking system, helping the lender to be in the list of 200 groups with the highest profit in the world. Vietcombank's credit growth in 2020 was higher than the general growth rate of the banking system, at 14 percent. This is also the highest credit growth ever of this lender and the highest in the banking industry. The pre-tax profit of Vietinbank also reached VND16.45 trillion, up 43.5 percent over the previous year due to good credit growth. The recent report of Agribank shows that not only did the business results continue to improve, Agribank's administrative costs in 2020 were also being cut by 10 percent, helping the bank's pre-tax profit to touch nearly VND12.87 trillion, VND369 billion, or approximately 3 percent, higher than the plan. It … [Read more...] about Banks continue to lower interest rates further to support economic growth

"There is a lot of excitement for those watching trade developments between China and Ukraine. Further to China's newly-established position as Ukraine's top trading partner, recent reports have revealed Ukraine's plans to start negotiations on a free trade agreement with China. I am convinced that this partnership to create rail connectivity will expand trade flows between businesses in Asia and Europe when it comes into fruition and in turn, contribute toward the deepening of trade ties between the two countries," said Steve Huang, CEO, DHL Global Forwarding Greater China. … [Read more...] about DHL, Ukrainian Railways and Center of Transport Service Liski to drive rail connectivity between China and Ukraine

Hanoi (VNA) – Vietnam needs to develop dedicated technical and vocational education and training (TVET) programmes to enable its transition to the fourth Industrial Revolution, increasing worker productivity and the country’s competitiveness, the Asian Development Bank (ADB) says in a new study. The study named “Reaping the Benefits of Industry 4.0 through Skills Development in Vietnam” examines the logistics and agro-processing industries in the country which are both important for growth, employment, international competitiveness, and the fourth industrial revolution. ADB Country Director for Vietnam Andrew Jeffries suggested Vietnam consider new approaches to ensure inclusion and social protection for entry level workers, especially those at risk of job displacement, and those who need upskilling, while applying the fourth industrial revolution technologies. Adequate and timely investments in skills development can help the country not only to harness the … [Read more...] about Vietnam advised to invest more in vocational training

The transition of e-commerce and addressing barriers to digital transformation have been illustrated via the change of business owners, as 71 percent of SMEs in Vietnam said they have adapted to new methods to introduce their products and services to customers since the pandemic broke out, such as setting up e-commerce channels and in delivery. … [Read more...] about Visa supports online firms amid COVID-19 pandemic

“This kind of response usually comes from people who get offended because they are uninformed and won’t allow themselves to learn because their ego is at stake, so they try to disqualify a person rather than try to understand a point of view that could actually help them. … [Read more...] about Documentary highlights plight of abused animals