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September 14, 2023 news
Savings interest rates are headed toward record lows
Savings rates at Vietcombank and Agribank have been reduced to 5.5 percent, which is the same as the record-low they hit during COVID-19, according to VN Express. Why it matters: The banking sector has been on a wild ride over the last year as the pulleys and levers designed to
Some renewable energy firms are struggling to make money in Vietnam
High-interest payments on corporate bonds issued to fund a number of renewable energy projects in Vietnam are making it difficult for a number of renewable energy generators to turn a profit, Vietnam News is reporting. Up until the last year or so bonds were a popular way to raise capital
Japanese expert leaves BOD of Bamboo Airways
Japan’s Oshima Hideki, formerly the Deputy General Director of Japan Airlines took on the role of Chairman of the Board of Directors at Vietnam’s Bamboo Airways in June. He has since resigned, and is now likely to be removed from the BOD tomorrow, according to VN Express. Why it matters:
ManPower Group exec on Vietnam’s HR landscape
The Investor is carrying an interview with Simon Matthews, regional manager of workforce solutions company ManpowerGroup Vietnam (MPGV), Thailand, and the Middle East. He says: Vietnam needs to improve its English language proficiency; That 30 percent (120) of the 400 roles MPGV filed in the first six months of this