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Do Quoc Hung

Việt Nam wants to master remote sensing satellite technology

Việt Nam wants to master remote sensing satellite technology

By 2030, Việt Nam has set a goal to master the technology for manufacturing remote sensing satellites, establishing satellite data reception and processing stations, satellite control stations and systems for capturing Earth''s surface imagery using aerial devices.
Need to lower SMS banking services fees: VBA

Need to lower SMS banking services fees: VBA

Fees for SMS banking services are currently three times higher than standard text charges. Banks are encouraging customers to shift to using digital banking services to help reduce cost while keeping bank fees low for customers. Dr. Nguyen Quoc Hung,...
Banking profit: positive but unsustainable at present

Banking profit: positive but unsustainable at present

Vietnam News Agency talked to Dr. Nguyen Quoc Hung, general secretary of the Viet Nam Banks Association, about the prospects of the banking sector in 2022.
Banks reduce pressure of bad debt during COVID-19

Banks reduce pressure of bad debt during COVID-19

Outbreaks of COVID-19, especially in the first half of 2021, are negatively affecting the repayment of debt. This increases the pressure of bad debt on the banking system. Nguyen Quoc Hung, general secretary of the Viet Nam Banking Association, spoke...
Banks keen on housing sector despite SBV tightening

Banks keen on housing sector despite SBV tightening

Nguyen Quoc Hung, director of the State Bank of Viet Nam’s credit department, recently told the media that banks have plentiful liquidity and are ready to lend to risky areas including the property sector.
Policy key to boosting Viet Nams digital economy

Policy key to boosting Viet Nam’s digital economy

In 2018, the country’s e-commerce growth reached 30 per cent, marking total retail revenue of US$8 billion. This figure is expected to reach $13-15 billion by 2020.
Sacombank assists rice production, trading with loans

Sacombank assists rice production, trading with loans

As of the end of last year outstanding loans in agricultural and rural areas around the country increased by 21.4 per cent from a year earlier, Nguyen Quoc Hung, director of the State Bank of Vietnam’s credit department, said.
High demand from Korea, Japan for Vietnamese fruits, vegetables

High demand from Korea, Japan for Vietnamese fruits, vegetables

With their high demand for agricultural products, South Korea and Japan offer opportunities for Viet Nam to boost export of farm produce, especially fruits and vegetables.
Vinapaco urged to equitise soon

Vinapaco urged to equitise soon

Deputy Prime Ministry of Industry and Trade Cao Quoc Hung has urged Vietnam Paper Corporation (Vinapaco) to move towards equitisation soon as there are many opportunities and challenges facing the industry this year.
Phu My Hung Spring Flower Festival blossoms next week

Phu My Hung Spring Flower Festival blossoms next week

Thousands of people are expected to visit the annual Phu My Hung Spring Flower Festival to be organised at the Phu My Hung City Centre in District 7, HCM City, from January 28 to February 4.
Viet Nam, India seek ways to remove obstacles to trade ties

Viet Nam, India seek ways to remove obstacles to trade ties

Officials from Viet Nam and India discussed specific measures to remove obstacles to trade and investment co-operation between their businesses during the fourth meeting of the Joint Sub-committee on Trade in Ha Noi on Wednesday.
Leather, footwear sector needs supporting industry

Leather, footwear sector needs supporting industry

The leather and footwear sector needs to develop supporting industry to reduce reliance on the import of raw materials, enhance competitiveness and boost high-value exports.
Make the most of digital economy

Make the most of digital economy

The digital economy which is being seen worldwide has been a challenge but also good opportunity for Viet Nam to resolve big issues in its economic development in general and restructuring the industry and trade in particular, said Cao Quoc...
Ha Nam to witness high-tech agricultural products

Ha Nam to witness high-tech agricultural products

Enterprises from 20 provinces nationwide will showcase high-tech agricultural products and technologies at a fair themed, “High-tech and safe agricultural products in the Red River Delta Region in 2018.”
Room to boost India-CLMV trade

Room to boost India-CLMV trade

Close geographic distance, fast economy growths, large and young populations have been facilitating trade ties between India and CLMV countries.