BSP: PH banking system remains sound

TAGAYTAY: The Bangko Sentral ng Pilipinas (BSP) said banks remain optimistic with growth projections in assets, loans, and deposits.

In a media information session over the weekend, BSP deputy governor Chuchi Fonacier said that based on the latest ba…

Seafood exports enjoy bright prospects in Swiss market

Hanoi: Vietnamese businesses should make greater efforts to tap the potential of seafood exports to Switzerland, a trade official said.

Nguyen Duc Thuong, Commercial Counsellor at Vietnam Trade Office in Switzerland, said that as a landlocked country…

MoT asks VMA to support shipping container goods to Europe, America

Hanoi: Facing the rising cost of container shipping services to Europe and America, the Ministry of Transport (MoT) has just sent an official dispatch to the Vietnam Maritime Administration (VMA) requesting support for businesses.

Accordingly, the Mo…

HCM City moves to lure foreign investment to industrial parks

HCM City: Ho Chi Minh City is trying to bring a breath of fresh air to local industrial parks (IPs) and export processing zones (EPZs) with a view to attracting more foreign investment.

Under a project to develop the IPs and EPZs during the 2023-2030…

Airlines, railways increase seats amid rising travel demand during Tet

Hanoi: Air and railway transport service suppliers have announced that they will continue increase seats for customers during the upcoming Lunar New Year (Tet) holidays to meet the rising travelling demands on the occasion of the most important festiv…

Hoa Phat’s profit up 2.5 times in Q4 last year

Hanoi: Vietnam’s leading steelmaker Hoa Phat Group posted an after-tax profit of 2.97 trillion VND in the fourth quarter of 2023, up 249% compared to the same period of 2022 and 48% quarter-on-quarter.

The firm reported a record-high revenue of 34.9 …

Vietnam, Germany boost cooperation in industry, trade, energy

Hanoi: The state visit to Vietnam by German President Frank-Walter Steinmeier is expected to create new momentum for Vietnam-Germany cooperation in key areas, including industry, trade and energy, Nguyen Sinh Nhat Tan, Deputy Minister of Industry and …