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.
17:51, 2025/01/07
Vietnam prioritizes agriculture and renewable energy for access to green loans
The move is part of the government’s effort to accelerate economic restructuring and build resilience to climate change while protecting the environment.
16:49, 2025/01/06
Vietnam GDP expands by 7.09% in 2024
The 2024 growth rate is considered positive amidst global uncertainties and domestic challenges such as natural disasters.
14:39, 2025/01/04
Vietnam stock market set to accelerate in 2025: Experts
Stable macroeconomic fundamentals, ongoing institutional reforms, and favorable monetary policies will be positive for corporate earnings.
15:41, 2022/01/24
Vietnam finance ministry proposes VAT cut to aid business recovery
A lower value-added tax is seen as instrumental to promote business/production activities at a time of economic hardship due to the Covid-19 pandemic.
11:01, 2022/01/23
Gov’t extends payment deadlines for US$5.3 billion worth of land rental fees in 2021
Extending land rental fees and taxes payment deadlines are among key measures from the Government to support businesses and individuals during the pandemic.
15:15, 2022/01/18
FLC Chairman banned from the stock market for 5 months
The penalty is seen as unprecedented but a necessary move to ensure the transparency and healthy development of Vietnam’s stock market.
14:44, 2022/01/17
Vietnamese banks urged to tighten lending in real estate, securities
Credit should be channeled to priority fields and production/business activities with positive impacts on socio-economic development.
22:37, 2022/01/13
Digital-first strategy to be focus among Vietnam’s banks and fintech by 2025
The Vietnam Open Innovation Landscape 2021 Report was launched on January 13.
12:30, 2022/01/13
Stocks sale annulment of FLC Chairman necessary to maintain market order: SSC
FLC Chairman Trinh Van Quyet is subject to the heaviest penalty for failing to notify stock market authorities before selling his FLC shares.
03:31, 2022/01/12
M&A in Vietnam’s technology sector to boom in 2022
Mergers and acquisitions (M&A) in Vietnam’s technology sector have made a strong breakthrough.
11:44, 2022/01/11
ADB, TPB join hands to finance women-led SMEs in Vietnam
The grant will improve Tien Phong Commercial Joint Stock Bank's capacity to lend to women-owned and led small and medium-sized enterprises, hire staff, and promote its services to female borrowers.
17:05, 2021/12/30
Banking sector to lower lending rates in 2022: Deputy Prime Minister
The banking sector is expected to tighten credit into risky fields, including real estate and securities.
21:26, 2021/12/28
Vietnam's credit growth expands by 13% in 2021
Next year, the State Bank of Vietnam expects the credit expansion to be around 14%, slightly higher compared to this year, for which the central bank is committed to further restricting credit going into risky fields.
21:41, 2021/12/27
Integrating utilities into chip cards to attract Vietnamese users
A large number of magnetic-card holders in Vietnam have not seen many benefits from using chip cards so they refuse to make the replacement.
22:12, 2021/12/24
Upcoming tax cut package estimated at US$2.62 billion: Finance minister
This year, tax revenue was estimated at VND1,510 trillion ($66.1 billion), exceeding the year’s estimate by 12.47%.
17:21, 2021/12/24
Vietnam’s retail banking forecast to boom by 2026
Digital transformation in banking is indispensable to providing products and services to the Vietnamese population, especially the vulnerable.
16:40, 2021/12/21
Vietnam c.bank prioritizes drafting national digital currency policy in 2021-2025
The move is aimed at promoting non-cash payment in Vietnam during the period.
16:57, 2021/12/01
Vietnam's credit demand surges in final months of 2021
Credit growth in 2021 is estimated at around 12-13%, roughly the rate recorded in the same period of last year.
16:46, 2021/11/29
Hanoi Stock Exchange considers launching single stock derivatives
The move is aimed at diversifying products on offer and boosting market liquidity.
09:26, 2021/11/27
C.bank expands credit quota for banks to meet growing credit demands
Many banks have reached their respective credit limits in the first nine months of 2021.
19:35, 2021/11/26
Vietnam bond market expands to over US$83 billion: ADB
On an annual basis, the bond market expanded 23.5% year-on-year in the third quarter, slowing from 27.5% year-on-year growth in the second one.
13:09, 2021/11/24
Banks forego over US$684 million for customers
Banks’ profits are expected to decline by a total of VND20.6 trillion (US$908.3 million) until late 2021 due to business support schemes during the pandemic.
16:06, 2021/11/23
Central Bank injects $2.63 billion into forex reserves
This resulted in trillions of dong being pumped into the economy and helped reduce the inter-banking lending rates.