US, China Reach a Partial Trade Deal, Easing Tensions

President Donald Trump announced on Friday that the United States reached a partial trade agreement “in principle” with China, on intellectual property, financial services, and agriculture.

Parkson has made a gradual exit from the Vietnamese market because of its inability to adapt to the new and modern retail business environment.

Saga of foreign retail brands

Twenty years ago the Vietnamese retail market started receiving many lucrative foreign investments. So far, we have seen many of these foreign retail brands come in as well as go out.

FE Credit's contribution to VPB's consolidated profits is very high.

Consumer finance companies supporting bank stocks

With the State Bank tightening the credit flow into the real estate market, which has been a key lending channel of banks, most banks are now facing inhibitions in building their plans for 2019.

The solution to attract more demand deposit at Techcombank is by promoting   debit cards and by cutting down several fees related to such accounts.

Banks compete to raise demand deposits

While smaller commercial banks focus more on competing to increase long term deposits, some state owned commercial banks tend towards raising cheaper cost funds from demand deposits. 

VietCapital Bank is one of the banks which offer high interest rates for depositors.

Ways to offer depositors high interest rates

Although the State Bank has warned commercial banks of their high deposit interest rates, these deposit rates have been getting even higher recently due to fierce competition between banks.

After 14 years of planning, Nhon Hoi economic zone has still gone nowhere.

Nhon Hoi economic zone changes investment strategy

The People’s Committee of Binh Dinh Province has just announced a revised and adjusted plan of renewing the building of the economic zone in Nhon Hoi. Accordingly, the new plan will focus on building a tourist, service and seaside housing area instead of a heavy industrial zone area as previously planned.

Illustrative photo.

No need to depreciate VND

In a discussion with Sai Gon Investment, Dr. Can Van Luc (photo), member of National Financial and Monetary Policy Advisory Council, said that the adjustment of CNY is not so bad for Vietnam to depreciate the VND now.