Vietnamese Gov’t forecasts CPI growth of up to 4.5% in 2025
With the goal of at least 8% GDP growth, the money supply in the economy will be significantly larger than in 2024. This will have an impact on price indices, particularly consumer prices.
14:30, 2025/02/15
Hanoi expands cashless parking pilot program
Hanoi is advancing its efforts to integrate technology into urban management by expanding the pilot program for cashless parking payments throughout the city.
16:58, 2025/02/11
Prime Minister urges banks to prioritize economic support over profits
One of the key priorities for the banking sector is to support small and medium-sized enterprises (SMEs), as they generate a large number of jobs and contribute significantly to the economy.
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.
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.
09:54, 2021/11/20
Vietnam household spending to return to conventional patterns in 2022: Fitch Solutions
The estimated consumer spending growth of 5.7% in 2022 stays in line with the agency’s forecast of economic growth by a real rate of 8% year on year.
16:25, 2021/11/19
Vietnamese Gov’t to push for digital society for public’s benefits
Only when the people are aware of the benefits of non-cash payments then the Government’s efforts could be considered successful.
11:30, 2021/11/19
Vietnam stays firm in top 10 remittance recipients in 2021 with US$18.1 billion
The year 2021 will be the fifth in a row that Vietnam remains in the top 10 in terms of remittance.
10:59, 2021/11/19
Mobifone greenlighted to pilot Mobile Money services
The mobile carrier is set to provide the service at 600 stores and distributors in the first phase, with the view of expanding to 10,000 dealers during two years of pilot implementation.
15:12, 2021/11/17
Cashless society one step away from being a reality in Vietnam
In long term, non-cash payment as one of the key payment methods in the economy would promote sustainable growth and ensure a transparent business environment.
16:02, 2021/11/16
Vietnam's finance ministry proposes extending taxes and fees cut until mid-2022
The Covid-19 pandemic is expected to remain complicated in 2022, given the risk of new variants with higher transmissibility representing bigger danger.
14:49, 2021/11/15
Vietnam banks restructure debts worth over US$24 billion during pandemic
Banks have foregone around VND31.4 trillion ($1.38 billion) in profits by lowering lending rates from January 23, 2020, to late October 2021.
20:37, 2021/11/11
Vietnamese consumers to shift for online shopping in 2022
E-wallet channel maintains strong growth in the coming time.
22:36, 2021/11/10
Vietnam’s digital economy to value US$220 billion by 2030
Digital financial services have seen healthy growth, especially in the adoption of e-wallets and account-to-account, fueled by both merchant adoption and consumer usage.
12:29, 2021/11/09
Vietnam allocates nearly US$1.4 billion for Covid-19 fight in 10-month period
Over US$800 million has been spent on Covid-19 vaccines purchase so far.
19:20, 2021/11/02
Vietnam to allocate US$35 billion for economic recovery plan 2022-2023
Successful realization of the program would help boost economic growth in the 2021-2025 period to 6.4-6.8%, one percentage point higher than a scenario without the program.
15:14, 2021/10/30
Vietnam c.bank to review draft policies on national digital currency
The move is part of a national strategy to promote non-cash payment in Vietnam in the 2021-2025 period.
23:01, 2021/10/29
New support package worth up to US$884 million on the cards: Finance minister
Vietnam would accept a higher level of fiscal deficit to continue providing support for businesses.
21:40, 2021/10/21
JICA, Sumitomo Mitsui offer US$75 million to Vietnam SMEs
Funding is empowering SMEs amid difficult access to bank loans.
21:39, 2021/10/21
Vietnam's National Assembly cuts taxes and fees for businesses
Many fees and taxes will be waived for businesses and people affected by the pandemic in the remainder of the year.
16:28, 2021/10/14
Vietnam's first debt trading platform to start operation on October 15
The move aims to help the country's banking sector resolve bad debts that need a debt market and qualified investors.
19:46, 2021/10/13
Vietnam's credit growth expands by 7.42% despite Covid-19 impacts
The central bank would continue to keep the policy rates unchanged until the end of the year.