Fresh CEO rush shakes up Vietnam’s banking arena, photo Le Toan In February, Shinhan Bank Vietnam named Lee Taekyung, former CEO of Shinhan Bank Cambodia, as new CEO of the local franchise. With 29 years of experience under his belt, Taekyung has been in charge of various positions of strategy, planning, risk management, and marketing, among others. He previously took the helm as head of the Global Business Division of Shinhan Bank Korea and gained working experience at Shinhan Bank America and Shinhan Bank Cambodia. In the latter, Taekyung doubled the size of the bank, including assets, profits, the number of branches, and employees in just two years. “In the ever-evolving financial landscape, customers’ needs will change quickly. We must be a bank that keeps pace with customer changes with customer-oriented value as the top priority,” he noted. “Vietnam is the most important country globally for Shinhan Financial Group, and we sincerely appreciate all of the customers. … [Read more...] about Fresh CEO rush shakes up Vietnam’s banking arena
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The market ended lower last week as many large-cap stocks faced selling pressure after the VN-Index hit a new high of over 1,255 points. Novaland Investment Group's head office in Nguyen Du Street, District 1, Ho Chi Minh City. — Photo vinhomecitys.com Some analysts from securities firms expected that the market's bullish trend will continue this week, while others were more cautious and see a downward trend dominating the market. The market benchmark VN-Index on the Ho Chi Minh Stock Exchange (HoSE) fell 8.54 points, or 0.68 per cent, in Friday's trade to 1,238.71 points. The index hit a record high of 1,255.87 points on Wednesday. For the week, the index still rose slightly by 0.57 per cent, while foreign investors net sold a value of over VND2.4 trillion. Analyst from Saigon - Hanoi Securities JSC (SHS) said that the third straight weekly gain of the market and a new record in liquidity showed investors' big interest during this period. However, based on … [Read more...] about Will market continue its downward trend this week?
Three Vietnamese people who recently returned from abroad have tested positive for SARS-CoV-2, raising the total number of patients in the country to 2,784, the Ministry of Health reported on Sunday evening. Illustrative photo According to the ministry's report, the newly-reported patients include two men and a woman aged between 23-51 who returned from Japan, Angola, and the US. They were sent to quarantine areas in Khanh Hoa, Hoa Binh, and Bac Ninh provinces upon arrival and are now being treated at local hospitals and healthcare centres. With these new infection cases, the number of Covid-19 patients in Vietnam has increased to 2,784, including 910 locally-transmitted cases reported since the new outbreak started in Hai Duong on January 28. As of 6 pm on April 18, a total of 2,475 Covid-19 patients had recovered and been discharged from hospital. There have been 35 deaths, most of them being the elderly with serious underlying diseases. At present, … [Read more...] about Vietnam reports three more imported Covid-19 patients on Sunday
The seventh Japan-Vietnam Festival (JVF) opened at the September 23 Park in Ho Chi Minh City’s District 1 on April 17 with a host of activities. Addressing the opening ceremony, Vice Chairman of the municipal People’s Committee Vo Van Hoan said he believes that the event will bolster understanding between the countries, and create more cooperation chances in education, trade, investment and tourism. Japan is the third largest trade partner of HCM City and the fifth leading investor of the city. The southern hub has formed ties with seven Japanese localities. Takebe Tsutomu, head of the organising board on the Japanese side said the holding of the JVF after a suspension of more than one year demonstrated efforts by both countries in promoting the bilateral relations. The 7th JVF is a major cooperative project of the countries' tourism sector. The two-day event features more than 100 booths of 75 units. Art programmes and sporting events will be staged by … [Read more...] about Seventh Japan-Vietnam Festival opens in HCM City
Three fresh imported cases of Covid-19 reported The Saigon Times A local volunteer gets a shot of Covid-19 vaccine. Three Vietnamese citizens who returned home from overseas and were quarantined upon arrival have been diagnosed with Covid-19 – PHOTO: VNA HCMC - Three Vietnamese citizens who returned home from overseas and were quarantined upon arrival have been diagnosed with Covid-19, raising Vietnam’s tally to 2,784 cases as of this evening, April 18, said the Ministry of Health. Of them, a Saigonese flew home from the U.S. on April 6, arriving at Van Don International Airport in Bac Ninh Province. He is under medical treatment and quarantine at Hoa Binh Province General Hospital. Besides this, a resident of Nghe An Province returned home from Angola through the Van Don airport on March 31. She is being treated at Bac Ninh Province General Hospital. The remaining patient is a Hanoian. He arrived home from Japan through Cam Ranh International Airport on April 14 … [Read more...] about Three fresh imported cases of Covid-19 reported