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.
14:43, 2021/01/11
Vietnam moves towards cashless society
Nearly 50% of Vietnamese customers are using contactless payment, and 51% have e-wallet accounts.
17:35, 2021/01/08
Financial sector urged to raise 2021 budget collection
Prime Minister Nguyen Xuan Phuc wants the MoF to continue its reform process and set up a development strategy for the next five to ten years, which is essential during a strong volatile world with high risk of financial crisis.
17:16, 2021/01/07
Vietnam credit growth set to return to pre-Covid-19 level in 2021
The State Bank of Vietnam (SBV), the country’s central bank, could promote a reduction in financing costs and lower borrowing costs to help ease hardship for businesses.
14:38, 2021/01/07
Banks report higher profit in 2020
The banking sector is set to have a bright outlook in case the economy return to the uptrend growth.
11:24, 2021/01/07
Vietnam tax revenue in 2020 exceeds year’s target despite Covid-19
Hanoi remains a spotlight with tax revenue of VND265.89 trillion (US$11.52 billion) in 2020, up 5.9% year-on-year.
16:15, 2021/01/06
Gov’t raises more than $14 billion via G-bonds in 2020
As of December 31, 2020, the total value of G-bonds reached more than VND1,350 trillion (US$58.55 billion), up 17.39% year-on-year.
12:58, 2021/01/06
MoF lists 17 market makers for debt market
As market markers, entities have the right to participate in the issuance and repurchase of government bonds and notes via bidding.
17:28, 2021/01/05
Vietnam consumer prices forecast to stay below 4% in 2021
The economy will continue to face uncertainties in 2021, which requires a cautious and flexible approach in price management.
16:54, 2021/01/04
Finance minister aims new height for Vietnam stock market in 2021
The stock market will continue to be an efficient capital mobilization channel for Vietnam’s economy and a useful instrument for macroeconomic management of the government.
06:49, 2021/01/04
Vietnam’s strong economic recovery to further take Vn-Index to nearly 1,300 in 2021
The fact that interest rates are still very low, will help the local stock markets continue to be an attractive and profitable channel, thereby attracting domestic investor.
14:11, 2020/12/31
Alliex cooperates with banks to boost Vietnam non-cash payment
Alliex, a fintech company, has cooperated with banks to develop the non-cash payment system nationwide.
16:02, 2020/12/30
Vietnam consumer spending rises 2.6% to $220 billion in 2020
Vietnam's effective containment of Covid-19 is seen as a major factor to boost retail sales during final months of the year.
15:26, 2020/12/29
Capital inflows into Vietnam stock market surges 20% to over US$16 billion in 2020
The average transaction value in the stock market is estimated at VND7.05 trillion (US$304.8 million) per session, up 51.5% year-on-year.
21:13, 2020/12/28
Prime Minister agrees merger of bourses
The move is aimed to ensure greater efficiency and transparency of Vietnam’s stock market.
17:50, 2020/12/28
Vietnam's cost of living rises 3.23% in 2020
Core inflation rose 2.31% year-on-year in 2020.
15:17, 2020/12/28
Vietnam records US$5.42 billion fiscal deficit in 2020
As of December 15, the budget revenue collection reached VND1,307.4 trillion (US$56.67 billion), equivalent to 86.5% of the year's estimate.
17:53, 2020/12/26
Prime Minister urges banks to further cut interest rates
The Central bank has lowered its interest rate cap three times by a combined of 1.5-2 percentage points per annum, which is the largest cut in the region.
11:52, 2020/12/24
Vietnam credit growth hits 10.14% as of December 21
The banking system has been providing support for 590,000 customers, mainly in forms of debt restructuring or freezing and waiving debt payment with outstanding loans worth over VND1,000 trillion (US$43.31 billion).
15:21, 2020/12/23
Vn-Index on track to reach 1,800 points: Pyn Elite Fund
The Vietnamese stock market can surprise investors with a “big year” returns during the 2020-24 period.
15:04, 2020/12/23
JICA backs Vietnam’s efforts to apply int’l financial reporting standards
Applying international standards becomes necessary amid the world's financial markets have become increasingly interconnected.