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FPT’s profit rises 23 per cent, driven by software outsourcing

IT giant FPT Corporation reported first-quarter revenue of nearly VND5.7 trillion (US$244.6 million) and before-tax profit of VND960 billion ($41.2 million).

 

Credit package proposed for VN support industry

The Vietnamese Ministry of Industry and Trade has proposed a VND100 trillion (US$4.31 billion) preferential credit package for the development of the country’s support industry.

 

Basel II standards help Vietnamese banks get high credit growth limit

Some commercial banks expect to get high credit growth limits set by the central bank this year as they have so far met Basel II’s capital safety and risk management standards ahead of schedule.

 

Ho Chi Minh City streets glow with vibrant flowers

Fully-bloomed flowers add a vibrant and lively feel to the streets of Ho Chi Minh City. Amidst the harsh and hot weather, these golden flowers give beauty and charm to the restless Vietnamese city.

 

Vietnam say no to plastic straws

Non-biodegradable plastic straws have been widely used over the last century, causing the depletion of marine life in many countries, including Vietnam.

 

Vietnamese fruit farmers encouraged to apply GAP standards

The Mekong Delta province of Dong Thap is encouraging farmers to grow more fruits meeting good agricultural practice standards to improve incomes and sustainability.

 

BUSINESS NEWS 22/4

New banking of modern era: Mobile money

 

Fuel price hikes create pressure but CPI under control

Petrol price hikes in April were putting pressure on prices but the consumer price index (CPI) was still under the control, according to the General Statistics Office (GSO).

 

Thai striker suspended for striking Vietnamese midfielder Trong

Thai striker Supachai Jaided has been suspended for two matches by the Asian Football Federation for striking Vietnamese midfielder Trần Đình Trọng in the AFC U23 Championship 2020 qualifying round on March 26.

 

Formula One legend hits Hanoi streets

Formula One legend David Coulthard put the peddle to the metal Saturday night and hit the streets of Hanoi.

 

Art house director works on war-themed movie

Quang Binh, which served as the setting for American blockbuster film Kong: Skull Island, is once again in use as a natural studio. 

 

Cheating scandals in northern provinces to be reported at NA

The Ministry of Public Security and Ministry of Education and Training were asked to report on the cheating scandals in northern mountainous provinces of Hà Giang, Sơn La and Hoà Bình to the National Assembly next week.

 

100 coaches asked to stop operations in Hanoi

Hanoi’s Transport Department has asked Transport Corporation Hanoi (Transerco) to stop the operation of more than 100 coaches at the city’s coach stations for one month.

 

Legal inadequacy creates conditions for child sexual abuse: NA

Despite rising social awareness of child sexual assaults, legal loopholes still exist which made it difficult to administer appropriate punishments for the crime.

 

Digital economy requires national strategy for network security

Vietnam’s digital economy has progressed rapidly in recent years, but challenges in network security require the country to build a comprehensive national strategy to address network vulnerabilities.

 

Schools, colleges begin reducing use of plastics

Educational institutions in several provinces and Ho Chi Minh City are encouraging their students and staff not to use single-use plastic water bottles and straws as part of the UN’s global Beat Plastic Pollution campaign.

 

Vietnam temporarily rank second at Hong Kong U18 tournament

Vietnam tied 0-0 with Myanmar in the second match of the four-side International U18 Football Tournament in Hong Kong on April 20.

 

US Senate delegation welcomed in HCM City

Politburo member and Secretary of the Ho Chi Minh City Party Committee Nguyen Thien Nhan hosted a reception on April 20 for a US Senate delegation, led by Senator Patrick Leahy, Vice Chair of the Senate Committee on Appropriations.

 

Mortgage requirements stand between small companies and bank loans

Small- and medium-sized enterprises (SMEs) are unable to borrow from banks because they do not have property to mortgage, Tran Viet Anh, Vice Chairman of the HCM City Business Association, has said.

 

PM’s Czech Republic visit opens up new cooperation directions

Many opinions in the Czech Republic have shared the view that the agreements reached during PM Nguyen Xuan Phuc’s visit to Czech from April 16-17 have opened up new directions for bilateral cooperation in the time ahead.