Specifically, 10 banks, including Vietnam Technological and Commercial Joint Stock Bank, VietCapital Bank, Vietnam Prosperity Joint Stock Commercial Bank and Tien Phong Bank, have offered the service at no charge, while Bank for Investment and Development of Vietnam, Kienlongbank, Saigon Bank for Industry and Trade and Cooperative Bank of Vietnam have charged a maximum of VND2,000 per transaction. … [Read more...] about Multiple banks cut fees for interbank money transfer service
Rate cut by rbi
Hanoi (VNA) – Little rainfall is forecast across the country in March and April, the remaining months of the dry season, particularly in the central region, said Vu Duc Long, Deputy Director of the National Centre for Hydrometeorological Forecasting. Water levels in rivers in the central and Central Highlands regions are forecast to stand 35 – 70 percent below the average recorded in previous years, and even 80 percent down in some areas, he said. Central Vietnam will likely suffer drought in the next two months, and saline intrusion in regional estuaries will occur earlier and on a larger scale, he added. It is very likely that Thanh Hoa, Ninh Thuan, Binh Thuan, the Central Highlands and the southeastern region will be in the grip of drought from March to May, while the central coast is facing drought and saltwater intrusion from June to August, which will be more severe than the last dry season. Volumetric flow rates of rivers in the central and Central Highlands … [Read more...] about Low rainfall expected across central Vietnam over next two months
Local lender SHB has released a stimulus package that aims to support local producers amid the spread of the coronavirus and its impact on the global economy. — Photo vietnambiz.vn … [Read more...] about SHB offers stimulus package for firms hit by coronavirus
In a recent interview with VIR, a DHG official said that the firm will focus on its advantages in sales systems and storage systems, meeting good distribution practice standards to expand the distribution of products to MNCs while co-operating with them in production stages. … [Read more...] about DHG’s profit falls in first quarter, challenges posed by FOL removal
Regarding the impact of the outbreak in the mid to long term, the company said it could raise the health and hygiene consciousness of Vietnamese consumers, which would drive further development of hygiene products for personal care and home care, including bar soap, handwash, hand sanitizer, household cleaning products, tissues, and others. … [Read more...] about What effect will COVID-19 have on Vietnam’s FMCG market?