The sooner Vietnam puts mobile money into service, the broader financial inclusion will be achieved to ensure people in rural and remote areas will have access to financial services.
The Ba Ria Vung Tau provincial People’s Committee has given the green light to the Ho Tram safari and resort project.
Nearly 50 solar power projects are expected to be put into operation this June, boosting the total solar power capacity in Vietnam to 5,000MW. The challenges now linger with the capability of the national grid to handle the additional power.
The digital financial services launched by Be Group come as part of the company’s commitment to round up an ecosystem to support its core business of transport services.
Some 22 million magnetic-strip ATM cards in Vietnam will be converted to chip cards by the end of 2019, as part of an attempt to accommodate the nation’s non-cash payments scheme by 2020.
The Swedish biopharmaceutical company has pledged to invest some $220 million in Vietnam’s healthcare sector in the 2020-2024 period.
The founder of Tan Hiep Phat Group, who turned downed a $2.5 billion purchase offer from Coca Cola, is venturing into real estate business.
Samsung SDS will become CMC Corporation’s strategic foreign investor should the private placement of 25 million CMC Corporation ordinary shares be approved by its shareholders at the upcoming annual general shareholder meeting in June.
The two parties have reached an agreement which will help Samsung SDS foster its expansion in Vietnam and CMC Corporation achieve its $1-billion takings goal by 2023.
Local accommodation rental startup Luxstay has now secured a $4.5-million bridge loan from Korean-backed GS Home Shopping (GS Shop) and BonAngels.