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.
22:07, 2021/05/19
Flexible state budget management for national sustainable finance: Minister
The finance ministry would allocate VND3 trillion (US$130 million) from the state budget for the Covid-19 fight.
17:36, 2021/05/18
Transactions made via digital channels to reach 70% by 2025
The Vietnamese government will support boosting the application of new payment methods to achieve the digital transformation goals of the banking industry.
15:28, 2021/05/17
Finance ministry urges transparency in budget allocation for Covid-19 fight
Local authorities are urged to ensure the quality, price, and use of state assets in a transparent and public manner.
17:46, 2021/05/15
Expert names reasons why foreign banks scale back operation in Vietnam
While western banks are having limited presence in Vietnam, their Asian peers have greater interests in the country.
17:44, 2021/05/14
Vietnam among top 10 remittance recipients in 2020 with US$17.2 billion
This was a fourth consecutive year that Vietnam remains in the top 10 in terms of remittance.
22:05, 2021/05/12
Elevated household debt remains big concern for Vietnam banking sector: HSBC
Elevated consumer leverage could drag down future consumer spending, especially as labor market conditions have been severely impacted by the pandemic.
14:51, 2021/05/11
Record high ETF inflow turn Vietnam stock market into Asia’s spotlight: SSI
With a net inflow of US$370 million from exchange-traded funds (ETFs) in April, Vietnam for the first time topped the Chinese market (US$319 million) as a favorable destination for investment fund.
13:26, 2021/05/10
Banking sector faces risks as growing credit channeled to real state
Credit pumping into real estate takes a large share in the total outstanding loans, following by corporate bonds and stock market.
21:48, 2021/05/08
Vietnam equity market close to Singapore’s levels: HSBC
The benchmark Vn-Index rose 4.1% in April and is up 12.4% year-to-date, outperforming the global emerging markets (GEMs), the Asia ex-Japan, and frontier market indices.
16:41, 2021/05/06
Vn-Index to reach new height of 1,370 in May
The participation individual investors and margin expansion in upcoming times from share issuance of securities firms are serving as key driving forces to boost market growth.
16:03, 2021/05/05
Banking sector to maintain role as veins for economic growth: Party chief
Monetary policy should be maneuvered in a flexible and active manner to ensure sustainable growth and stability of both monetary and foreign-exchange markets, said the Party chief Nguyen Phu Trong.
11:52, 2021/05/03
Mixed view on stock market trend after four-day break
Positive sentiment among investors led to the expansion of three consecutive trading sessions by 20 points before the break, leading to the Vn-Index standing at nearly 1,240 on April 29.
08:20, 2021/05/01
Vietnam finance ministry to apply AI in policy-making process
By 2030, artificial intelligence (AI) and virtual assistant could be used to help provide digital financial services for the people and enterprises via digital communication channels.
18:41, 2021/04/30
HCM City on track to become SEA digital economic hub by 2030
The city by 2045 is expected to become a financial and economic hub of Asia and an attractive global city with GRDP per capita of US$37,000.
16:23, 2021/04/22
Vietnam credit growth expands by 3.34% by mid-April
The central bank would continue to monitor the economic performance to adjust monetary policy accordingly, with the aim of keeping the inflation rate around 4% for this year.
14:57, 2021/04/20
Gov’t continues delaying tax payment
This move may result in a more than US$5 billion reduction in the State's budget collection in 2021.
16:02, 2021/04/19
Vietnam put up huge efforts to convince US to drop currency manipulator label: PM
Vietnam continues to work on ensuring sustainable and balanced trade relations with the US, Prime Minister Pham Minh Chinh has said.
08:03, 2021/04/19
Foreign capital not weigh on VN stocks: BVSC
As the benchmark Vn-Index is on track to reach the new height of 1,300 points in short-term, domestic capital inflows would serve as a major driver for growth.
07:33, 2021/04/17
Vietnam no longer labeled as currency manipulator: US Treasury
The US Treasury of Department would continue its enhanced engagement with Vietnam.
09:26, 2021/04/16
Hanoi Stock Exchange to stop listing new stocks from July 2023
After completing moving stocks to the Ho Chi Minh City Stock Exchange (HoSE), the one in Hanoi (HNX) would be responsible for government bond transactions and management of the derivatives market.