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Day: October 14, 2024

Vietnam Online Shopping: Industry Overview 2024

Online shopping in Vietnam has grown rapidly in recent years, driven by increased internet access, smartphone usage, and a tech-savvy population. Both domestic and international eCommerce platforms play key roles in this expanding market…

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Vietcombank: Vietnam Stock Overview

VCB’s business performance in the first half of 2024 was unremarkable, with total operating income declining by 5.4 percent year over year to US$1.37 billion. Of which, net interest income dropped by 0.84 percent. VCB’s credit growth reached 7.8 percent by the end of the second quarter, pretty close to the average of 7.6 percent for listed banks…

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Vietnam insurance premium revenue falls .41 percent January to September

Of note, last year allegations emerged bank customers were allegedly being told by staff at several, banks they were depositing money into high-interest savings products, but in reality, they were being sold insurance policies. This did broad reputational damage to the insurance industry from which it looks to still be struggling to recover…

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