Tag: Chinese chains
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Introducing the “Vietnam Pavilion – National Pavilion of Vietnam” on the Alibaba E-Commerce Platform
To support international businesses, especially European enterprises, in seeking product information, business partners, and market expansion in Vietnam, the Trade Promotion Agency - Ministry of Industry and Trade of Vietnam is pleased to introduce the “Vietnam National Pavilion - Vietnam Pavilion” on the Alibaba.com e-commerce platform.
The Ultimate Guide to Bank Risk Buffers: Strengthening Your Financial Safety Net
The banking sector report, released by VIS Rating on November 20, 2024, revealed a concerning trend. According to the report, nearly 20% of the assessed banks demonstrated weak capital safety profiles. This issue was particularly prominent among small and medium-sized banks, which also faced heightened liquidity risks due to their reliance on short-term market funds and the rise in interbank interest rates.
Cracking Down on “Loan Sharks”: Unraveling the Dark Web of 600% Interest Rates
From June 2024 until their arrest, a "loan shark" group operating in Thanh Hoa city offered loans with an interest rate of 3,000 - 20,000 VND per million per day, equivalent to an annual rate of 100-600%. This illegal operation generated over 1 billion VND in illicit profits.
