VIB & Microsoft come together
Banking & Finance

VIB & Microsoft come together

The Vietnam International Commercial Joint Stock Bank (VIB) has reached a three-year strategic cooperation agreement with Microsoft Vietnam, in which the bank will deploy a multi-cloud computing platform using Microsoft Azure as the primary cloud.

VET Exclusive

Vietnam Today

Vietnam seeking Russian support in vaccine production

Vietnam seeking Russian support in vaccine production

At a meeting with Russian Foreign Minister Sergei Lavrov within the framework of his official visit to Russia, Minister of Foreign Affairs Bui Thanh Son suggested that the country give priority to providing vaccines and transferring production technology to Vietnam.

Investment

Chubu buys stake in Bitexco Power

Chubu buys stake in Bitexco Power

Upon completing all legal procedures, leading Japanese energy group Chubu will secure a 20 per cent holding in Bitexco Power, the leading private energy development company in Vietnam.

Banking & Finance

Draft Circular to allow guarantees on future housing

Draft Circular to allow guarantees on future housing

A draft Circular on bank guarantees will not prohibit banks from implementing guarantees for houses to be formed in the future during the period of special control. The draft also specifies regulations on foreign exchange management in guarantees.

Business

Many businesses turn a profit in Q3

Many businesses turn a profit in Q3

While investors may remain anxious, many businesses in Vietnam posted a profit in the third quarter of the year despite business and production slowing down due to Covid-19.
Ongoing support needed for business

Ongoing support needed for business

According to the Vietnam Chamber of Commerce and Industry (VCCI), it is necessary to improve the business environment and strongly reform administrative procedures to support businesses in the long term.

Society

UNDP: Cash assistance must come

UNDP: Cash assistance must come

According to Mr. Terence D. Jones, UNDP Resident Representative, to achieve the dual goals of supporting disadvantaged households and promoting economic growth, Vietnam’s cash assistance program must be implemented as quickly as possible.