According to a Visa report, online business may be a tough nut to crack for SMEs. Therefore, the company is able to support them through collaboration with popular e-commerce partners, including Shopee - the leading e-commerce platform in South East Asia and Taiwan; and NowFood, a pioneer in food delivery operating across Vietnam. … [Read more...] about Visa supports online firms amid COVID-19 pandemic
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DHL, Ukrainian Railways and Center of Transport Service Liski to drive rail connectivity between China and Ukraine
With a population of 40 million, Ukraine is one of the largest European countries by population. The Eastern European country is strategically located at the crossroads of the Belt and Road between Russia and Turkey, with access to the Black Sea and the Sea of Azov. The enhanced rail connection would provide Asian businesses access to the Baltic States, Belarus, and the Nordic countries. Goods from neighboring countries can be consolidated in Kiev, the capital of Ukirane and sent by rail to China for onward dispatch to various Asian markets using either air or road freight. … [Read more...] about DHL, Ukrainian Railways and Center of Transport Service Liski to drive rail connectivity between China and Ukraine
Traditional Japanese dolls exhibited at HCMC’s museum
Visitors take photos of Japanese dolls on display at the HCMC Museum of Fine Arts – PHOTO: COURTESY OF JAPAN FOUNDATION CENTER FOR CULTURAL EXCHANGE IN VIETNAM HCMC - The Japan Foundation Center for Cultural Exchange in Vietnam is holding an exhibition of traditional Japanese dolls at the HCMC Museum of Fine Arts, enabling the Vietnamese audience to know more about the traditional and spiritual culture of the Japanese people. … [Read more...] about Traditional Japanese dolls exhibited at HCMC’s museum
Special market for poor patients held in capital
The “0 đồng market” took place at Thống Nhất Park in Hà Nội. — Photo courtesy of the organiserViet Nam News HÀ NỘI — Poor patients received up to 10 free items for the Tết holiday at a special event dubbed the “0 đồng market” which took place on Sunday at Thống Nhất Park in Hà Nội. … [Read more...] about Special market for poor patients held in capital
Banks continue to lower interest rates further to support economic 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
