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abroad

Large number of insurance premiums reinsured abroad

Large number of insurance premiums reinsured abroad

In 2023, Vietnamese companies reinsured only VNĐ6 trillion of domestic reinsurance premiums, while they had to transfer VNĐ22 trillion of the premiums to foreign reinsurance companies.
EVN explains power purchases from abroad

EVN explains power purchases from abroad

The imported electricity was a in the bucket compared to what generators produced at home. Viet Nam imported around 10 million kWh per day while generating 850 million kWh per day.
HCM City asks to tighten credit in high-end property

HCM City asks to tighten credit in high-end property

The HCM City branch of the State Bank of Viet Nam has asked credit institutions to tighten the management on credit flow into the real estate sector and the transfer of money collected from real estate transactions abroad.
Digital, sustainable economy a key trend to follow: overseas representative missions

Digital, sustainable economy a key trend to follow: overseas representative missions

With increasing globalisation and rising of global wealth, economic diplomacy is now a core activity of Vietnamese representative missions abroad, supporting and contributing to the growth of Vietnamese enterprises in international markets.
Vietnamese abroad send more than 17 billion home in remittances in 2020

Vietnamese abroad send more than $17 billion home in remittances in 2020

This represented a rise of nearly 3 per cent over 2019, a very positive result compared to the previous forecast in the context of the COVID-19 pandemic.
TPBank first bank to apply blockchain in money transfer

TPBank first bank to apply blockchain in money transfer

Tien Phong Commercial Joint Stock Bank (TPBank) has become the first Vietnamese bank to use blockchain technology for money transfers abroad.
Cash withdrawal limit in foreign countries set at VND30 million

Cash withdrawal limit in foreign countries set at VND30 million

Commercial banks have to adjust the limit of cash withdrawals in foreign currency abroad to the maximum equivalent of VND30 million (US$1,280) per day for international credit and debit cards from early this year.
German businesses want to expand investment in Viet Nam, says survey

German businesses want to expand investment in Viet Nam, says survey

The expectation of German businesses in Viet Nam is quite satisfactory, according to annual AHK World Business Outlook.
Vietnamese Entrepreneurs Abroad association to open office in Can Tho

Vietnamese Entrepreneurs Abroad association to open office in Can Tho

The Association of Vietnamese Entrepreneurs Abroad (BAOOV) and the People’s Committee of Can Tho City will jointly speed up the establishment of BAOOV’s representative office in the Mekong Delta region’s Can Tho City at a meeting held in the city on Thursday.
Firms seek support from VN diplomats abroad

Firms seek support from VN diplomats abroad

Businesses and business groups have called on Vietnamese ambassadors and trade counsellors abroad to help them promote exports.
Quang lauds trade promotion abroad

Quang lauds trade promotion abroad

President Tran Dai Quang lauded external economic activities and trade promotion abroad during a meeting in Ha Noi on Thursday with 45 commercial counsellors and chiefs of Vietnamese commercial offices overseas. 
Increasing affluence drives VN cruise market

Increasing affluence drives VN cruise market

Cruise travel is growing rapidly in Viet Nam due to the country’s increasing affluence, experts said.
Vinamilk set to expand abroad

Vinamilk set to expand abroad

Dairy giant Vinamilk will continue to expand abroad, especially in emerging market like Laos and Myanmar, this year.
Viet Nams FMCG market pursues growth at home and abroad

Viet Nam's FMCG market pursues growth at home and abroad

While slowing moderately, in line with general economic trends, Viet Nam''s fast-moving consumer goods (FMCG) segment is continuing to expand, with strong areas of potential growth both at home and abroad.
Viet Nams overseas investments reach US20.38 bln

Viet Nam's overseas investments reach US$20.38 bln

As of August 15,2016, 1,125 Vietnamese project were granted licenses to invest abroad with a total registered capital of US$20.38 billion, according to the Foreign Investment Agency.