Regional, international financial centers mean boosters to Vietnamese economy: Deputy PM
Ho Chi Minh City envisions its financial center encompassing the money market, banking system, capital market, and derivatives market.
21:44, 2024/11/11
Vietnam's credit growth up 10% in 10 months
Vietnam’s central bank has set a credit growth target of around 15% this year.
17:37, 2024/08/06
Vietnam, Singapore strengthen partnership in stock exchange operations
The two sides will focus on cooperation in digital transformation, cybersecurity, tax management, and market operations.
22:07, 2024/07/10
Taxes revenue from online shopping in Vietnam nearly triple in H1
Vietnam has 3.1 million business households and individuals, many of whom sell goods and services online without registering, declaring, or paying taxes.
15:44, 2024/11/14
IFC sets record with US$1.6 in climate financing to support Vietnam’s green transition
The new commitments aim to bolster Vietnam's shift towards a low-carbon economy while enhancing private-sector resilience and competitiveness.
08:08, 2024/10/05
Building Hanoi's smart city with smart banking
In Hanoi's smart city development strategy, smart payment and open banking ecosystems are critically important.
21:34, 2024/09/19
Vietnam stock market clears major legal hurdle to potential upgrade
Starting November 2, foreign investors will no longer be required to pre-fund 100% of their transactions, promising the removal of a major roadblock for Vietnam's market upgrade process.
17:29, 2024/09/01
Cashless parking in Hanoi: Good model fuels smart transport
Hanoi’s leaders believe that all that's left to do is act with the ultimate goal of serving people from smart transportation, armed with the mindset and solutions of a new global vision and thinking.
22:36, 2024/08/26
Banking sector dominates Vietnam’s corporate bond market
The increase in bank bond issuance is largely driven by the need to comply with the State Bank of Vietnam’s capital adequacy requirements.
17:41, 2024/08/06
Prime Minister expects lending to grow by 15% this year
Key challenges for the remainder of the year include lowering interest rates, providing low-cost credit, and adopting cost-cutting technologies.
12:32, 2024/07/25
HSBC raises Vietnam’s GDP growth forecast to 6.5% in 2024
Vietnam’s Q2 GDP growth surged to 6.9%, the highest in two years and well above market expectations of 6%.
17:00, 2024/07/16
Hanoi to push for smart tax agency
The Hanoi Department of Taxation will continue to review and standardize personal tax identification data, and to develop solutions for digitizing and electronic processing of various stages to support taxpayers.
15:20, 2024/07/10
Banks inject over US$20 billion into economy in June, surpassing five-month total
The surge in credit following a period of stagnation is partly attributed to increased borrowing and corporate bond issuance in the latter half of the year.
15:26, 2024/07/08
Corporate bond issuance almost triples in H1
Institutions purchasing corporate bonds in the primary market accounted for 94.8% of the issuance volume, with credit institutions (53.5%) and securities companies (21.9%) being the main buyers.
14:33, 2024/07/04
Vietnam climbs 11 places in budget transparency ranking
These results highlight Vietnam's commitment to improving budget transparency through accessible documents and timely and accurate budget information disclosure.
08:37, 2024/06/30
Finance ministry cut fees for fifth time
The policy is expected to result in a VND700 billion ($27.5 million) decline in state budget revenue.
15:05, 2024/06/25
Corporate capital demand set to accelerate in H2
State Bank of Vietnam's credit growth target of 14-15% for the full year remains on track.
11:23, 2024/06/22
US says Vietnam not manipulating currency
The US gave a positive assessment of Vietnam's monetary and exchange rate policies.
15:07, 2024/06/08
Number of securities accounts in Vietnam reaches new high
On average, about 4,265 new retail and institutional accounts were added to the market each day.
21:52, 2024/05/27
C.bank not considering dropping credit growth quota for fear of rising bad debts
Given the unique economic conditions of Vietnam, if banks increase credit growth without control measures, the system could return to the hot credit growth period seen before 2011.