The State Capital Investment Corporation (SCIC) plans to sell State capital at 108 businesses including many big ones this year.
In the last two years, Hanwha, one of the top 10 economic groups in Korea, has been ramping up its investment in Vietnam’s diverse industries, particularly in finance.
From morning to early afternoon Nguyen Van Chiem in HCM City’s District 1 is bustling with food vendors selling breakfast and lunch and customers coming to eat.
Nguyen Quoc Toan, chairman of Nam A Commercial Joint Stock Bank and son of the bank’s late, female founder Tran Thi Huong alias Tu Huong, plans to relinquish his post to help solve his family’s asset disputes.
The ratio of cashless payments in Viet Nam remains low at only 11.49 per cent of total means of payment, according to a recent report from the Central Institute for Economic Management (CIEM).
The Export-Import Bank of Korea said on Sunday that it has agreed to open a US$2 billion credit line to Viet Nam’s State-owned Vietnam Oil and Gas Group (PetroVietnam) in a bid to help more South Korean companies venture into the fast-growing economy.
FE Credit, Vietnam’s largest consumer finance company in terms of market share, was conferred the Top 10 Asia’s Most Trusted Brands Award at the Asia International Economic Forum 2019 held late last month in Singapore.
The passing of the amended Law on Tax Management by the National Assembly is expected to improve the taxation on e-commerce activities.
The Vietnam Asset Management Company has announced plans to set up a bad debt trading floor in the next two years.