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.
14:58, 2020/12/16
Race for digital banking transformation heats up
The Covid-19 pandemic has changed customers’ behavior and perception regarding digital banking services.
08:58, 2020/12/16
Vietnam banks promote loans with low interest rates by year-end
Given abundant liquidity and low demand for credit, banks are offering attractive loans during the year-end period.
15:11, 2020/12/15
Vietnam finance ministry releases state budget estimate for 2021
The release of these figures is a key step in promoting transparency and publicity of Vietnam’s state budget.
14:41, 2020/12/14
Week ahead: Investors urged to stay cautious as stock market face correction pressure
Investors could take opportunity from a short correction of the market to accumulate shares, stated SSI Securities Corporation.
15:56, 2020/12/10
Vietnam stock market may be upgraded to emerging status before 2025
Vietnam’s stock market authorities are actively working with global providers of financial services in MSCI and FTSE Russell to speed up the market upgrading process.
12:00, 2020/12/10
Illegal forex activities face fines up to $216,000
The multi-level market forex activities are illegal in Vietnam.
12:19, 2020/12/09
Nearly $1 billion spent for Covid-19 control and disaster response
An addition of VND4.54 trillion (US$196.5 million) was mobilized to help mitigate impacts from natural disasters, flooding and African swine fever.
11:38, 2020/12/09
Black credit increases at year end
That interest rate was ten times higher than the banks’ rates but many people still accepted to borrow because they could not borrow from banks.
10:09, 2020/12/09
Struggling to balance State budget
The State budget collection this year is projected not to reach the estimate amid rising expenditure and declining fees and charges.
06:07, 2020/12/09
Banks need solutions to avoid bad debts
A banking expert said the central bank needs long-term and effective solutions to deal with bad debt after the pandemic.
05:57, 2020/12/09
Banks spur lending for wind and solar power
More loans have come to wind and solar power projects recently.
05:25, 2020/12/09
Large-cap stocks to boost Vietnam’s stock market by year-end
Investment funds unexpectedly divested capital from Vietnam’s stock market in October. However, the local securities market is still expected to rally in November and the last quarter, driven by strong growth of large-cap stocks.
06:11, 2020/12/08
Vietnam’s banking sector in 2020: profitability and vulnerability are higher
Despite challenges, Vietnam's banks are nearly approaching their full-year targets but the risk provision pressure remains great.
15:27, 2020/12/07
Vietnam tax revenue passes 1,000 trillion-mark in 11-month period
Budget revenue, however, remains short of VND100 trillion (US$4.31 billion) to meet the year’s target with one month to go.
09:40, 2020/12/07
Week ahead: Investors may look to strengthen cash-over-stock ratio
SHS forecast the profit-taking will enhance this week and the VN-Index may return to 900-1,000 points.
09:09, 2020/12/07
Banks may face difficulty in raising foreign capital with regulator’s proposal
Capital and expertise of foreign investors can help speed up the banks’ restructuring process.
10:31, 2020/12/05
Central Bank expected to cut key rate to aid economy
The inflation in 2020 is forecast at 3.3%, significantly lower than the target of 4% set by the government.
14:35, 2020/12/04
Why illegal forex trading is doomed to failure from the start?
Given a high-risk nature, losses are almost inevitable for investors in forex trading.
15:04, 2020/12/02
Scenarios for Vietnam’s stock market in 2020
Vietnam’s stock market has experienced a volatile third quarter due to the resurgence of the Covid-19.
09:23, 2020/12/02
MPI mulls second stimulus package
The focus of the government’s support this time would be for enterprises with high spillover effects to the economy, especially in fields of aviation, tourism and consumer products.