From October 18 to 31 HDBank will run a promotion programme offering women customers a 30 per cent refund of the bills they pay online to mark Vietnamese Women’s Day, October 20. Their minimum payment should be VNĐ100,000 (US$4.28). — Photo Courtesy of HDBankViet Nam News HCM CITY — HDBank’s women customers will receive a refund of 30 percent of the value of the bills they pay using its eBanking system from October 18 to 31 in case of transactions of at least VNĐ100,000 (US$4.28). The promotion, to celebrate Vietnamese Women’s Day, October 20, will offer a maximum refund of VNĐ90,000 ($3.85). According to the lender, more and more women customers are opting to pay their bills online due to the convenience and speed it offers. HDBank’s eBanking system offers online bill payment services, enabling customers to pay their electricity, water, internet, cable TV, and mobile phone bills, do online shopping and transfer money conveniently … [Read more...] about HDBank to refund 30% of women’s e-bills
Stocks up, turnover still low
Stocks up, turnover still lowBy Phuong Thao HCMC – The VN-Index of the Hochiminh Stock Exchange bounced back strongly today, October 16, but market turnover remained poor amid cautious trading. With gainers outnumbering losers by 195 to 100, the main index jumped 11.73 points, or 1.23%, at 963.37. The southern market saw 149 million shares worth VND3.8 trillion changing hands at the end of the day, both expanding by 4.5% compared to the previous session. Banks became the largest contributors to the recovery as investors snapped up bank shares after their heavy losses on Monday. VCB gained 0.17% at VND59,600, whereas HDB climbed 4.2% at VND37,000. STB led the market by liquidity with matching volume of nearly 9.8 million shares, jumping 5% at VND13,600. MBB and VPB reported matching volume of 3.5 million shares and 2.7 million shares, respectively, while other banks saw more than one million shares traded each. For small and medium stocks, real estate firm FLC rose 0.5% at … [Read more...] about Stocks up, turnover still low
China boosts imports of Vietnamese products
China boosts imports of Vietnamese products By Hung Le Smartphones displayed at an exhibition in HCMC. Vietnam’s smartphone and parts shipments to China saw a 2.4-fold rise, generating US$5.78 billion in value - PHOTO: HUNG LE HCMC – Vietnam enjoyed a strong increase in January-September exports, particularly to China, which raised imports from Vietnam, such as smartphones, computers, electronics and components, according to the latest data from the General Department of Vietnam Customs. The data shows that the export value of smartphones and accessories amounted to US$5.09 billion in September, taking the figure in the nine-month period to a record high of US$36.69 billion, up 16.4% year-on-year. In the January-September period this year, smartphone and phone components exports to major markets rose strongly. The EU market spent US$10.14 billion on these imports from Vietnam, edging up 10.9% year-on-year. Vietnam’s smartphone and phone parts shipments to … [Read more...] about China boosts imports of Vietnamese products
Hau Giang struggles to improve sugarcane consumption
Hau Giang struggles to improve sugarcane consumptionBy Trung Chanh A farmer harvests sugarcane in Phung Hiep District, Hau Giang Province - PHOTO: TRUNG CHANH CAN THO – Despite the significant efforts of authorities and sugar producers in Hau Giang Province, the largest sugarcane farming area in the Mekong Delta region, the province is still struggling to find sugarcane buyers because of large inventories and the price plunge. Nguyen Van Dong, director of the Hau Giang Department of Agriculture and Rural Development, said farmers in Phung Hiep District have harvested sugarcane from 1,450 hectares of the total 7,500 hectares of land designated for the crop. However, the sugarcane price has plunged to VND650-700 per kilogram, causing losses of VND100 per kilogram for farmers, Dong added. The province is now home to three operational sugar factories, and they are facing a shortage of capital for their operations and a significant sugar surplus. Therefore, Dong proposed the … [Read more...] about Hau Giang struggles to improve sugarcane consumption
No trial for former German FA bosses over World Cup payment
No trial for former German FA bosses over World Cup payment - courtThe Saigon Times Daily File photo of Theo Zwanziger, former president of the German Football Association (DFB) and member of the FIFA's executive committee addressing a news conference after a meeting of the FIFA executive committee in Zurich March 21, 2014 – PHOTO: REUTERS BERLIN (REUTERS) - Two former heads of the German Football Association and two other officials will not go on trial for suspected tax evasion over a payment ahead of the 2006 World Cup hosted by Germany, Frankfurt’s regional court said on Monday. Former DFB chiefs Theo Zwanziger and Wolfgang Niersbach as well as fellow former DFB General Secretary Horst Schmidt and a former world soccer body FIFA official were charged in June. But the regional court said it had “not seen enough suspicion of wrongdoing” to warrant a trial. The Prosecutor’s office has one week to appeal against the decision which was welcomed by … [Read more...] about No trial for former German FA bosses over World Cup payment