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.
14:45, 2020/09/28
Vietnam PM enacts 30% cut in 2020 corporate income tax
Under the decree, enterprises’ revenue would be the main criteria to assess whether they are qualified for such a tax reduction.
14:49, 2020/09/26
Vietnam stock market projected to get status upgrade in 2021
A possible delay in the Vietnamese stock market’s status upgrade until next year will result in the country losing a significant catalyst to reverse the trend of foreign selling.
16:31, 2020/09/25
Vietnam bond market contracts 1.7% to US$58.2 billion in H1: ADB
This is mainly due to lower outstanding debt in the government sector, even though the corporate bond stock increased.
12:52, 2020/09/23
Cryptocurrency is not a legal payment method in Vietnam: C.bank
Holding, sale and use of cryptocurrencies as an asset pose numerous risks and are not protected by law, stated a central bank official.
15:48, 2020/09/22
Weak credit demand leads to credit growth at only 4.81% in Jan-Sept
The growth rate is far away from the credit growth target of 14% set by the government for this year.
13:37, 2020/09/12
Strong liquidity in Vietnam stock markets boosts stock exchanges revenue
The average liquidity for a trading session in the first half of 2020 rose 24% year-on-year to VND5.8 trillion (US$250 million).
10:20, 2020/09/10
Large growth potential for Vietnam banking services in long-term
Many listed banks witnessed weak performance of fee income growth in the first six months of the year due to the Covid-19 pandemic.
12:56, 2020/09/09
Vietnam c.bank to finalize legal framework for fintech, digital banking
The government is responsible for not only promoting innovation in the banking sector, but also maintaining stability and safety of the financial market.
11:10, 2020/09/09
Vietnam benchmark Vn-Index expected to surpass June’s peak to 920 in Sept
The recent uptick of the market, however, is not sustainable, when the margin outstanding may have increased sharply along with the rise.
17:27, 2020/09/08
Vietnam 2020 government debt to stay in line with current sovereign rating: Fitch
Fitch Rating is still maintaining its growth forecast for Vietnam at 2.8% in 2020 and 7.5% in 2021, despite the Covid-19 resurgence in late July.
14:15, 2020/09/07
USD/VND rate expected to remain stable until year-end
In addition to a weakening US dollar, the ample supply of dollars thanks to Vietnam’s record trade surplus is a major factor that could keep a stable USD/VND exchange rate.
17:22, 2020/09/05
Over 98% Vietnam enterprises pay taxes online
From January 1 to August 19, enterprises have carried out over 2.23 million transactions related to online tax payment with a combined amount of US$17.75 billion.
17:10, 2020/09/05
Vietnam c.bank ensures harmony in managing policy rates
The average mobilizing interest rates as of the end of July declined by 0.6 percentage points per annum against late 2019, creating conditions for lower lending rates.
12:19, 2020/09/04
Vietnam forecast to see narrower current account surplus in 2020
Fitch Solutions forecast Vietnam to record real GDP growth of 3.0% in 2020, and the global economy to contract by 4.0%.
18:25, 2020/09/02
Vietnam named world’s best-performing stock market in August
The VN-Index ranked above Russell 3000, Nasdaq, or S&P 500, among others, in terms of growth in August.
16:14, 2020/09/01
What will it take for Vietnam to get a future credit rating upgrade?
The importance of macro stability for the country to foster healthy economic growth.
16:59, 2020/08/31
Covid-19 boosts cashless payments in Vietnam
Transaction values via smartphones increased by 177% in the first half of 2020.
11:33, 2020/08/31
Vietnam fiscal deficit widens to US$4.57 billion in 8 months on Covid-19
As of August 15, budget revenue collection reached VND812.2 trillion (US$35.04 billion), equivalent to 53.7% of the year's estimate.
09:17, 2020/08/28
Which Vietnamese companies are looking to obtain an international credit rating?
Getting SOEs in Vietnam to be financially independent for the future.
11:26, 2020/08/27
Vietnam open budget portal to ensure efficient allocation of public resources
The portal would put more pressure on government agencies in ensuring efficiency of public services, said a senior World Bank official.