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Tag Archives: Vietnam

Vietnam banks bad debts drop to 2.58 pct: data

The bad debts ratio of the Vietnamese banking sector declined to 2.58 percent as of the end of June, according to new official figures. It represented a decrease of two percentage points from a month earlier, the central bank’s website reported Thursday, quoting Doan Van Thang, deputy director of the ...

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Robust growth for consumer goods in Vietnam: report

Sales of fast moving consumer goods (FMCG) such as soft drinks, toiletries and food in Vietnam’s main cities grew 6.3 percent in the second quarter of this year, the highest rate in the past three years, according to a report released Wednesday by Nielsen. This growth in Hanoi, Ho Chi ...

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Twinings tea to be distributed in Vietnam

Twinings, a 310-year-old British tea, will be sold in Vietnam starting this month, Natural JSC, its sole distributor in the country, said Monday. Stephen Twining, a 10th generation member of the Twinings family, was in Ho Chi Minh City to share how to make the drink he called a “wonderful ...

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Seoul Semiconductor wins licence for $300 mln Vietnam project

South Korea’s Seoul Semiconductor Co Ltd has won a licence to invest $ 300 million in a production site in northern Vietnam, Vietnamese lender BIDV said on Monday. Seoul Semiconductor will conduct research and produce semiconductors at the plant in Ha Nam province after receiving the licence at an investment ...

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