Logistics

It is likely that small players disappear progressively since larger companies can combine different services with each other to offer so-called one-stop shop types of services from door to door. This is important as it will further support the fact that manufacturers are now willing to outsource these logistic activities to focus on their core business. … [Read more...] about Prevailing in logistics through modern tech

The World Bank has revised most GDP growth rates of other Asia countries downward but has kept Vietnam’s GDP growth rate relatively high in 2020. Vietnam has shifted from an agricultural industry to light textile and apparel, jumping straight to electronics and automotive sectors. … [Read more...] about BW aspiring to become country’s top developer

Total assets increased 19.5 per cent compared with the same period last year, reaching VND383.7 trillion with credit growth expanding 18.8 per cent. Techcombank maintained ample liquidity with a loan-to-deposit ratio of 76.3 per cent and short-term funds to medium-to-long-term loans ratio of 38.4 per cent. Techcombank also maintained its position as the best capitalised bank in Viet Nam with a Basel II CAR ratio of 15.5 per cent, nearly double the Basel II Pillar I minimum requirement. … [Read more...] about BUSINESS NEWS HEADLINES JAN. 24