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Finally, as the standard of living is improving around Vietnam, the need for consumer durable loans and two-wheeler loans issued at the point-of-sale (POS) continues to grow steadily. FE CREDIT’s total loans at POS make up 9 per cent of the total loan book and grew nearly 10 per cent vs. the first quarter. It has captured the increase in market demand by boosting strategic partnerships with leading retailers who make up the bulk of the home appliances and two-wheeler sales in Vietnam. … [Read more...] about BUSINESS NEWS OCTOBER 11

Trang also pointed out that with regard to the CPTPP, the country has faced an array of difficulties in taking full advantage of tariff incentives on garments and textiles as Vietnamese products must adhere to rules of origin whereby a certain ratio of materials from a product must originate from other CPTPP members. Currently, most of the nation’s supply sources of materials originate from China. … [Read more...] about BUSINESS NEWS OCTOBER 12

Speaking at the ceremony, Ms. Rebecca Bryant, Charge d’Affaires a.i. of the Australian Embassy said: ‘Deeper, stronger ties between our innovation systems is a key goal for our strategic partnership with Vietnam and the Innovation Partnership Grants provide excellent opportunities to nurture innovative ideas and scale on-going partnerships between Australian and Vietnamese organisations. I’m delighted to see more and more collaboration between the research institutions of our two countries.’ … [Read more...] about VIETNAM NEWS HEADLINES OCTOBER 13

* American teenage sensation Coco Gauff progressed to her maiden WTA final as she eased past Germany's Andrea Petkovic 6-4 6-4 at the Linz Open on Saturday. The 15-year-old Gauff became the youngest player to reach a WTA final since Czech Republic's Nicole Vaidisova won the Tashkent Open in 2004, also aged 15. … [Read more...] about Italy beat Greece to secure Euro 2020 qualification

While working as a trader, Thảo predicted that demand for air travel would rise dramatically in Vietnam. In 2011, she launched the budget airline VietJet Air and took it public in February 2017. Since its launch, the airline has been a roaring success, and has helped put air travel within the reach of millions of Vietnamese. … [Read more...] about Vietnam’s first female billionaire inspires younger generations to reach for the stars