Vietnamplus

Hanoi (VNA) – Among the 10 most profitable firms in the banking – financial – securities sector in 2019, banks continue to be the focus of attention while the “trillions-of-VND” club has seen changes. The Vietnam Report JSC and online newspaper VietNamNet recently held a ceremony to announce the Profit500 2019 list, which names the most profitable businesses of the country this year. The Vietnam Oil and Gas Group (PetroVietnam) tops the rankings. This is the second year that the group has taken the leading position among the top 500 enterprises. Others in the top 10 include Samsung Electronics Vietnam Thai Nguyen Co. Ltd, Viettel Military Industry and Telecoms Group, Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank), Honda Vietnam, PetroVietnam Gas Corporation, VinGroup, Vietnam Dairy Products JSC (Vinamilk), Vietnam Technological and Commercial Joint Stock Bank (Techcombank), and Hoa Phat Group. Among the 10 most profitable firms … [Read more...] about List of Vietnam’s most profitable banks in 2019 unveiled

Hanoi (VNA) - The "Vietnam: Strengthening banking sector soundness and development" project is expected to help the State Bank of Vietnam to better anticipate and increase resilience to shocks, as well as improve supervision capacity in accordance with world standards. … [Read more...] about Over 2 mln USD for development of Vietnam’s banking sector

Among the remaining 10 countries to the CPP, Vietnam’s wood industry boasted strong markets such as Japan, New Zealand, Australia and Singapore, among others. In recent years, the industry also had close ties with Canada, Peru and Chile with massive export turnover. … [Read more...] about Forestry product export 2019 hits all-time high

Hanoi (VNA) – Vietnam requests China to respect its sovereignty and take no actions that escalate tensions and complicate the situation, affecting peace and stability in the East Sea and the region, as well as efforts of countries in negotiations of a Code of Conduct in the East Sea (COC), spokeswoman of the Vietnamese Ministry of Foreign Affairs Le Thi Thu Hang said. Hang made the remarks at the ministry’s regular press conference in Hanoi on March 26, while answering reporters’ queries regarding Vietnam’s response to Chinese media’s information about China’s launch of two research stations on Fiery Cross and Subi Reefs of Vietnam’s Truong Sa (Spratly) archipelago. She reiterated that Vietnam has sufficient legal grounds and historical evidence testifying its sovereignty over the Hoang Sa (Paracel) and Truong Sa archipelagos in line with international law. Therefore, all activities on those islands must have Vietnam’s permission, … [Read more...] about Vietnam asks China to respect its sovereignty

Hanoi (VNA) - The Ministry of Health has called on local units and companies to import or look for sponsorship and donation of internationally-made medical equipment and SARS-CoV-2 testing kits. The domestic units were also encouraged to locally manufacture more medical devices and testing kits to meet Vietnam’s increasing testing demand. The ministry will verify quality of the imported or donated testing kits to soon put them into use. According to the Vietnamese Law on Foreign Trade Management, imported products must have Certificate of Free Sale (CFS) showing the products are approved for sale. However, the ministry said most of the virus testing kits have certificates of use in the manufacturing country in emergency cases only, but do not have sale certificates in that country. Companies are allowed to import samples of medical device and testing kits which have CFS in other countries. After they are tested by the Ministry of Health, it will issue … [Read more...] about Ministry of Health calls for testing kit donation and imports