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Vietnam gets first global domain name registrar

Website developer Mat Bao has been accredited by ICANN (Internet Corporation for Assigned Names and Numbers) to be Vietnam’s first international domain name registrar. The accreditation, which allows Mat Bao to provide full internet domain name registration services to local companies, was received 18 months after applying to ICANN, the HCM City – based firm […]

Favouring Vinalines too much is wasteful: experts

Following the Ministry of Transport’s proposal to sink 100 trillion dong, or $1.8 billion, into modernising the fleet of the Vietnam National Shipping Lines, or Vinalines, maritime experts have said it is a huge waste for the government to favour this unprofitable giant. Loss-making Vinalines, most of wSTC ships have been operating ineffectively, are docked […]

Favoring Vinalines too much is wasteful: experts

Following the Ministry of Transport’s

Finance companies offer loans at too high rates

Banks now are providing consumer loans at acceptable interest rates with the strict requirements on mortgage assets while financial companies still offer attractive loans at high rates without secured assets. This year, banks did not call borrowers like previously; even some stopped supplying consumer loans. Van, who is working in a foreign company, wanted to […]

Dollar Financial Markets Bonds Amid Busiest November in 3 Years

Dollar Financial Corp. a check- cashing and short-term lender to consumers, is marketing bonds after borrowers sold $96.9 billion of debt this month, the busiest November since 2006. The Berwyn, Pennsylvania-based lender plans to sell $250 million of senior notes in a private offering through its National Money Mart unit, according to a Nov. 12 […]

Insurance firms race to upgrade utilities

Upgrading insurance utilities and interests for customers is necessary requirements for insurers to exist in this tough time., Although the insurance sector generally continues representing an impressive growth, insurance firms also are competing fiercely to gain market share. Under the heavy pressure, a lot of insurers, especially life insurance companies, have drawn up strategies to […]

Panama, Viet Nam enhance financial ties

Panama’s Ambassador Eduardo Young Virzi talked to Viet Nam News about opportunities to invest in Panama. Can you list some of Panama’s strongest industries and explain how your work can help boost trade co-operation between Viet Nam and Panama? Panama is a country dedicated to services with the service sector accounting for nearly 80 per […]