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Analysts call for easing gold policies, cite changed circumstances | Business

At a gold shop in HCM City. Analysts call for easing gold policies as it is no longer a speculative asset class or cash substitute (Photo: VNA) HCM City (VNS/VNA) - With gold no longer being a speculative asset class or cash substitute, the Government should have a more reasonable policy for managing it, according to experts. According to banking expert Dr Can Van Luc said gold cannot be considered speculative since the Government has put it under strict watch since 2014. Domestic prices are usually 5 million VND (216 USD) per tael of 37.5gm higher than global prices, with the gap attributed to the limited supply of both

Quang Tri to hold investment promotion conference in late June | Business

The Nam Dong Ha Industrial Zone in Quang Trị Province. (Photo: baoquangtri.vn) Hanoi (VNA) - The central province of Quang Tri plans to hold an June to introduce its investment opportunities to foreign and domestic investors, according to the provincial website. The provincial People s Committee described the conference as a good chance for investors to tap into business and investment opportunities in the locality, contributing to promoting its socio-economic development. During the event, Quang Tri will deliver its call for investment into major sectors including industry-construction, agriculture, services and tourism. The energy sector, in particular, is seen by local authorities as key to the

Da Nang to step up economic diplomacy over next five years | Business

The central city of Da Nang will press ahead with the research and forecasting of the world’s political situation and new trends in global economic transformation to serve its development policy making over the next five years.

Head of Digital at MB Bank Fuels Growth through Digital Transformation

Digital Transformation, Financial Services, Organization & Culture, In today’s corporate world, is there a more highly sought-after term than “digital transformation”? Probably not. COVID-19 is acting as a catalyst in accelerating many organization’s digital transformation agenda. New technologies and business models are putting many existing players at risk with disruptive forces. Becoming a truly digital-first organization requires a fundamental change of how business is done. Corporate leaders understand the criticality of digital transformation, however, many are struggling with how to advance it. We had the pleasure to interview Mr. Vu Thanh Trung, Head of Digital Banking at MB Bank. MB Bank (Military Commercial Joint Stock Bank) is one of the largest financial services groups in Vietnam. Over the past few years, MB Bank initiated a multi-year transformation program to become a digital-first bank. As part of the transformation, Prophet worked with MB Bank on customer

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