It is not rare to hear a story that fraudsters pretending to be bank staff read every transaction detail to ask customers to provide the OTP security code to avoid having the account deactivated, fanning concerns about bank account security. Recent banking fraud cases related to high-tech crime are increasingly common.
According to DKRA Vietnam Joint Stock Company, in 2020, the residential real estate market in Ho Chi Minh City witnessed a decline from 2019 in most segments. Notably, resort real estate “hibernated". Meanwhile, the vicinity of Binh Duong and Dong Nai enjoyed remarkable development, especially in the land plot segment.
Vietnam’s stock market has been witnessing explosive trading sessions that have been exceeding all expectations. The trading volume of recent sessions has continually set new records, with the first session of 2021 hitting VND18.580 trillion (over US$800 million).
All goals and objectives in the 2020 Plan of the industrial and trade sector were successfully fulfilled to positively contribute to the overall economic growth of Vietnam at 2.91%.
On January 7, 2020, the Governor of the State Bank of Vietnam (SBV) issued Directive 01/CT-NHNN on implementation of key tasks of the banking sector in 2021.
Resolution 02/2021 is expected to continue to step up reforms to further improve the business environment and enhance national competitiveness.
The official effect of the Vietnam - United Kingdom Free Trade Agreement (UKVFTA) has provided many opportunities for Vietnamese exporters.
Brand management is one of the important factors to enhance the attractiveness of businesses to customers and partners and improve their competitiveness on the market. However, many Vietnamese enterprises, especially SMEs, have yet to pay due attention to this matter.
The Vietnam Electricity Group (EVN) recently hosted a groundbreaking ceremony of Hoa Binh Hydropower Plant Expansion Project Hoa Binh province.
The project “Training and developing human resources for information security in 2021-2025” has recently been approved by the Prime Minister.
Total insurance premiums were estimated at VND184,662 billion in 2020, representing a year-on-year growth of 15%, according to the Ministry of Finance. Non-life insurance premiums were projected at VND57,102 billion, up 8% over 2019, while life insurance premiums were forecast at VND127,560 billion, up 19.6%.
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