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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

With regard to the future prospects of the RECP, economists at a recent seminar titled ‘RCEP agreement – Negotiation Updates and Issues Concerned by Businesses’ said that the RCEP can be considered the world’s largest regional trade agreement with its market size being larger than that of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). … [Read more...] about BUSINESS NEWS OCTOBER 12

Speaking at a press briefing yesterday, Huỳnh Văn Hùng, chief of HCM City Statistics Office, said: “This indicator has gradually improved over the last 10 years, from 0.9 per 10,000 in 2009 to only 0.2 per 10,000 this year. The proportion of families having housing is 99.8 per cent. The average housing area per capita this year is 19.4 square metres per person.” … [Read more...] about VIETNAM NEWS HEADLINES OCTOBER 13

* Simone Biles claimed a record-equalling 23rd medal at the gymnastics world championships on Saturday, leading an American one-two finish in the vault final in Stuttgart. Biles produced two breathtaking vaults - a Cheng and an Amanar - to finish with an average score of 15.399 inside a packed arena. The 22-year-old has now matched Belarusian Vitaly Scherbo's record tally of 23 world medals and she can surpass him later on Saturday if she takes another medal in the asymmetric bars final. … [Read more...] about Italy beat Greece to secure Euro 2020 qualification

Thảo also takes seriously her corporate social responsibility (CSR) activities, with her desire to contribute to charities and make a better community. She has organised, for example, a series of praying ceremonies and has built historical monuments that follow the motto “when you drink water, think of its source”, to pay tribute to the people who have sacrificed their lives for the homeland during wartime.— VNS … [Read more...] about Vietnam’s first female billionaire inspires younger generations to reach for the stars