SBV seeks investors for SCB restructuring
HCMC – The State Bank of Vietnam (SBV) is seeking investors for the restructuring of Saigon Joint Stock Commercial Bank (SCB), which has been put under special supervision for over a year. The Governm...
Heavy rains take toll on northern Vietnam
HCMC – Recent heavy rains and flash floods have caused significant damage in northern Vietnam, the Vietnam News Agency reported. From October 6 to 9, incessant rains and subsequent floods in Yen Bai P...
SOEs report 29% revenue growth in 2022
HCMC – State-owned enterprises (SOEs) in Vietnam reported their revenue last year surged by 29% against the previous year to over VND2.7 quadrillion, according to a report by the Ministry of Finance. ...
Government proposes borrowing US$27.5 billion in 2024
HCMC – The Government has put forth a proposal to borrow VND676 trillion (US$27.5 billion) in 2024 to address budget deficit, service existing debt and provide additional loans. The proposed borrowing...
Coca-Cola Vietnam holds occupational safety day for waste workers
HCMC – Coca-Cola Vietnam hosted the “Informal Waste Workers’ Health and Occupational Safety Day” at the Coca-Cola EKOCENTER in Danang City to enhance the safety and well-being of informal waste worker...
VCCI questions effectiveness of mandatory vehicle cameras
HCMC—The Vietnam Chamber of Commerce and Industry (VCCI) has called on the Ministry of Transport to reconsider its requirement that surveillance cameras be installed on commercial vehicles, citing hig...
Asia continues to fuel global growth, but economic momentum is slowing
The region is likely to see faster disinflation, but prospects for growth in coming years are dimming. Strong consumer spending has supported growth in Asia’s three largest economies this year, but th...
Over 130 donors join Saigon Times blood drive
HCMC – More than 130 local and foreign donors participated in a blood drive today morning, October 8, organized by the Saigon Times Group in celebration of the 32nd anniversary of The Saigon Times Wee...
Anchovies thrive in Phan Thiet City
The period from July to September marks the peak of anchovy fishing season in Phan Thiet City, Binh Thuan Province. Local fishermen are currently embarking on their final journeys to capture anchovies...
Duc cake: A delectable slice of childhood nostalgia
Duc cake, a cherished delight, encapsulates the fond childhood memories of countless individuals across Vietnam’s diverse regions. This rustic cake, born in the countryside, boasts simplicity in both ...