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Vietnam bond market posts strongest growth among emerging East Asia in 9 months
This growth was supported by expansion in both the government and corporate bond segments, stated the ADB.
15:22, 2020/11/24
Vietnam c.bank set for 5th policy rate cut to realize GDP growth target
As of November 17, the country’s credit growth was estimated at 7.26% against the end of 2019, resulting in VND8,790 trillion (US$377.7 billion) in outstanding loans.
09:58, 2020/11/20
Covid-19 puts Vietnam under pressure for digital transformation: VCCI
Further support is needed from policymakers to provide both legal and infrastructure means to boost e-payment in Vietnam.
20:18, 2020/11/18
Covid-19 accelerates digital transformation process of Vietnam banking sector
Many banks are on the brink of losing their market shares in case they lag behind in the digitalization process.
16:40, 2020/11/17
Five priorities of Vietnam c.bank under new governor
The banking sector should be a pioneer in the digital transformation process, Prime Minister Nguyen Xuan Phuc has said.
13:57, 2020/11/16
Reasons why Vietnam remains world’s 4 best performing stock markets
The merging process of Hanoi and Ho Chi Minh City stock exchanges into the Vietnam Stock Exchange continues to be a priority in the coming time.
23:46, 2020/11/13
Vietnam gov't mandated to narrow fiscal deficit to 4% of GDP in 2021
State budget allocation would continue to be prioritized for the Covid-19 fight, recovery efforts in the wake of natural disasters, social welfare, national security and foreign affairs.
16:34, 2020/11/13
Vietnam banks performance improves with economic recovery: Fitch Ratings
Fitch expects the economy to continue to recover, helped by well-controlled local coronavirus infection rates.
13:22, 2020/11/12
Vietnam finance ministry strive to improve budget transparency
This is the seventh consecutive year that the finance ministry publishes the report on state budget estimates, which the ministry considers an important practice to promote transparency and publicity of Vietnam’s state budget.
17:24, 2020/11/11
ASEAN urged to enhance cooperation to stay strong in Covid aftermath
The ASEAN way against the pandemic is an inspiration for the world to foster global cooperation and build a better world, stated the IMF managing director.
17:40, 2020/11/07
Vietnam benchmark VN-Index set to go sideways in November
The VN-Index edged up 2% month-on-month in October to finish at 925.47 and was among the best-performers in the world.
13:15, 2020/11/06
Vietnam targets fiscal deficit of 3.7% of GDP in next five years
By 2025, Vietnam’s public debt is projected at 47.5% of the revised GDP (which is 25.4% higher than current method of GDP’s calculation), or 60.4% of the level before being revised.
09:48, 2020/11/05
Vietnam four major state-owned banks can raise registered capital with gov't funding
Under the new regulation, state-owned commercial banks where the state holds more than 50% can now be able to raise their registered capital to maintain the government control.
17:03, 2020/10/31
79% Vietnamese consumers in favor of government’s initiative towards cashless society
Nearly 75% of Vietnamese consumers expect cashless payment to grow further in the next 12 months.
13:59, 2020/10/28
Vietnam’s listed non-financial firms post V-shaped recovery in Q3
Profits of 347 non-financial firms expanded by 7.4% year-on-year in the first nine months of 2020, equivalent to the rate recorded in the pre-Covid-19 period.
09:39, 2020/10/27
Fitch Solutions revises down Vietnam fiscal deficit to 3.6% of GDP
The economy is likely to stage a stronger recovery in Q4 this year, versus 2.6% y-o-y real GDP growth in Q3.
17:03, 2020/10/26
Vietnam PM dismisses deliberate devaluation of currency
A devaluation of the VND would have serious consequences on macro-economic stability, the trust of investors and the people, resulting in a big loss to the economy, Prime Minister Nguyen Xuan Phuc has said.
12:20, 2020/10/26
Vietnam to benefit most from upcoming review of MSCI Frontier Markets Index
Vietnam could see a weight increase of 13% in the Frontier Markets Index to become the most important market in this Index.
08:37, 2020/10/26
US DFC delegation to visit Indonesia, Vietnam, and Myanmar
While in the Indo-Pacific, the delegation will meet with business leaders and high-level government officials to explore investment opportunities
12:01, 2020/10/22
Foreign investors' perception key to help upgrade Vietnam stock market: Expert
It takes time for foreign investors to study the new regulations and change their perception to the Vietnam’s stock market, stated a senior official at the stock market watchdog.
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