2021 top baseball prospects

The Vietnam Prosperity Joint Stock Commercial Bank (VPBank) jumps 37 spots to enter the Brand Finance’s top 250 in rankings of the world’s most valuable banks in 2021. (Photo: VNA) Hanoi (VNA) – The Vietnam Prosperity Joint Stock Commercial Bank ( VPBank ) has jumped 37 spots to enter the Brand Finance’s top 250 in rankings of the world’s most valuable banks in 2021. According to the Brand Finance Banking 500 2021 ranking , VPBank ranked 243rd in banking brand value this year. Its brand value grew 41 percent to 502 million USD this year from 354 million USD in 2019. It also represents a nine-fold increase against 2016 when the bank’s brand value was first evaluated at 56 million USD. The 2021 ranking was calculated based on a brand’s market share, growth rate, property size, financial capacity, operating efficiency and prestige, said Lai Tien Manh from Brand Finance Vietnam. In the face of COVID-19 that has taken a heavy toll on the global financial system, … [Read more...] about VPBank breaks into Brand Finance’s top 250 value banks in 2021

Shrimps processed for export (Photo: VNA) HCM City (VNA) – Ho Chi Minh City ’s Department of Industry and Trade has set the target to export 48.19 billion USD worth of products in 2021, a year-on-year surge of 10 percent. Under its development plan for 2021 recently submitted to the municipal People’s Committee, the sector said import revenue is estimated at 56.47 billion USD for the whole year, up 11 percent against the previous year. Besides, it eyed to reel in more than 835.68 trillion VND (36.29 billion USD) from retail sales and services revenues in the year, up 10 percent year-on-year. The department said it will carry out necessary measures in a comprehensive fashion to branch out industry and trade, contributing to promoting economic recovery of the southern hub. Earlier, HCM City set a goal of boosting the export of its key products this year and beyond via trade promotion activities and assistance to enterprises. Head of the statistics office Huynh Van … [Read more...] about HCM City eyes 10 percent growth in export in 2021

The Hanoitimes - The stock market will continue to be an efficient capital mobilization channel for Vietnam’s economy and a useful instrument for macroeconomic management of the government. Stable macro-economic environment and the effectiveness of the Securities Law are among favorable conditions to ensuring a strong growth for Vietnam’s stock market in 2021. Minister of Finance Dinh Tien Dung beats the ceremonial gong to open the first trading session. Photo: MoF Minister of Finance Dinh Tien Dung made the remarks at the opening of the first trading session of 2021 on January 4. “The stock market will continue to be an efficient capital mobilization channel for Vietnam’s economy and a useful instrument for macroeconomic management of the government,” stated Mr. Dung. In 2021, the finance minister expected the stock market to accelerate its restructuring efforts towards greater efficiency and transparency for sustainable development, including the … [Read more...] about Finance minister aims new height for Vietnam stock market in 2021

The Hanoitimes - In the 2021-25, SMEs in Hanoi are expected to create additional 1.5 million jobs, while making up over 40% of the GRDP, 30% of the state budget and 25% of total export turnover. Hanoi targets to have an addition of 150,000 new enterprises in the next five-year, or an average growth of new businesses at 10% per year, equivalent to 30,000 newly established ones. Deputies of Hanoi People's Council approved the plan to support SMEs in the 2021-25 period. This was one of the key objectives set in a resolution offering supporting measures for small and medium enterprises (SMEs) in the 2021-25 period, which was ratified today [December 9] by the Hanoi People’s Council with the endorsement of 100% of its deputies present. The city estimated the cost of support program at VND957 billion (US$41.45 million), which is financed by the public funding and counterpart funds of individuals and organizations participating in the program. Under the … [Read more...] about Hanoi targets creating 150,000 new enterprises in 2021-25

The Hanoitimes - Hanoi Business Association aims to become a credible information channel for local authorities and enterprises, boosting the efficiency of public investment and simplifying administrative procedures. Hanoi is committed to providing further support and creating favorable conditions for enterprise development in 2021. Vice Chairman of the Hanoi Party Committee Nguyen Manh Quyen. Photo: Hoang Anh. Vice Chairman of the Hanoi Party Committee Nguyen Manh Quyen stressed the view at the 3rd Congress of the Hanoi Business Association (HBA) for tenure 2020-25 held recently in Hanoi. “The local authorities will provide a platform for the business community to make breakthroughs in 2021 and the subsequent years,” stressed Mr. Quyen, expecting the private sector to realize its role as a growth driver for the city. Mr. Quyen noted that the city will conduct measures to ensure sustainable and rapid development of the private sector, especially policies … [Read more...] about Hanoi committed to further supporting enterprise development in 2021