Vietnam's non-cash payments reach US$9.8 trillion, 23 times GDP
Many of the banking industry's digital transformation goals for 2025 are on track to be met or exceeded.
21:53, 2024/05/04
PM urges Central bank to ensure positive growth in 2024
Local lenders are encouraged to provide incentives and attract individuals to take out consumer loans.
17:07, 2024/05/03
Vietnamese Gov't to continue VAT cut for second half of 2024
If the VAT reduction policy is continued for the last six months of the year, the total revenue loss for 2024 is projected to be approximately VND47.5 trillion (US$1.87 billion).
16:19, 2024/04/22
HoSE to launch KRX-developed transaction system in early May
Brokerage firms are expected to prepare data for the transition to the new system.
11:10, 2022/04/19
Vietnam’s inflation remains under control: Finance ministry
Fiscal policies such as tax cuts and freezing of payments have been supportive of the overall efforts of keeping inflation at bay.
14:30, 2022/04/15
NA agrees to extend resolution on pilot bad debt management until 2023
The National Assembly called for the Government to have a long-term solution to resolve bad debts.
20:46, 2022/04/14
Vietnamese Gov’t to pay US$14.6 billion in debt this year
The objective is to ensure sufficient capital for the Government to carry out its socio-economic recovery packages.
16:59, 2022/04/13
Vietnam’s recovery to gain momentum in Q2: Standard Chartered
The country remains a manufacturing hub and a key link in the global supply chain despite geopolitical and pandemic-related challenges.
14:51, 2022/04/12
Over 800,000 users of Mobile Money reported in three months
As of the end of the first quarter, the number of service providers accepting payments through Mobile Money was 11,254, which settled around 7.5 million transactions for a total of VND280 billion (US$12.23 million).
14:27, 2022/04/08
PM Chinh urges strict punishment for violations in corporate bond market
The directive called for law revision on the management of the corporate bond activities to enhance efficiency in the process of law enforcement for greater transparency and safety of the market.
17:51, 2022/04/07
Nearly 5% of Vietnam's population has securities accounts
Vietnam has achieved the milestone three years earlier than the Government’s target for 2025.
16:47, 2022/04/07
Hanoi to host Vietnam Card Day 2022 this month
The event targets to attract young consumers to access and experience modern payment services.
15:50, 2022/04/05
Vietnam's GDP growth set to rebound to 5.3% in 2022: World Bank
In the medium term, Vietnam’s vision to become an upper-middle-income economy will depend on its ability to evolve from its current growth model to productivity and innovation-led growth model.
13:41, 2022/04/05
SSC annuls US$440-million bonds issuance of Tan Hoang Minh Group
Tan Hoang Minh said it would refund the capital to investors, in case the bond issuance sessions are canceled upon request from the authorities.
15:16, 2022/04/02
Vietnam targets higher sovereign ratings by 2030
The focus is to ensure a healthy fiscal foundation and sustainable budget policy in line with Vietnam’s international commitments and good practices.
15:42, 2022/03/31
Deputy PM urges strict punishment for securities fraud
It is imperative for the stock market authorities to timely provide information to the public and protect the lawful rights of investors.
15:15, 2022/03/29
Vietnam set to pay US$52.5 billion in Government debts during 2022-24
Vietnam aims to keep all key debt indicators under the threshold set by the National Assembly during the 2021-25 period.
12:24, 2022/03/28
Vietnam to extend deadline of tax payments worth US$5.5 billion
The proposal is set to take effect immediately once receiving approval from the Government.
11:24, 2022/03/28
Vietnamese Gov’t extends resolution on pilot bad debt settlement
As of November 30, 2021, total bad debts according to criteria set out in resolution No.42 were estimated at VND420 trillion ($18.4 billion), down 15.74% against August 14, 2017, the date the resolution No.42 became effective.
16:24, 2022/03/25
Vietnam bond market rises to US$91.5 billion in 2021: ADB
At the end of 2021, outstanding Government bonds and corporate bonds comprised 71.3% and 28.7% of the local bond market, respectively.
13:37, 2022/03/24
Vietnam Gov’t kicks off interest subsidy policy for 2022-2023
The support, estimated at a maximum of VND40 trillion (US$1.76 billion), is part of the overall socio-economic recovery program worth VND350 trillion ($15.4 billion).
15:51, 2022/03/22
Vietnam eyes sustainable financial system by 2030
The public debt threshold should not exceed 60% of the GDP for the 2021-2025 period, Government debt less than 50% of the GDP, and foreign debts below 50%.
18:24, 2022/03/21
Vietnam taxation authority launches information portal for foreign services providers
The launch of the portal is designed to help foreign entities without representative offices in Vietnam fulfill their tax obligations without difficulties.
16:00, 2022/03/18
Fed rate hike to have limited impacts on Vietnam
Large foreign reserves, prospects of trade surplus, and positive remittance inflows could be factors to ensure the stable USD/VND exchange rate in 2022.