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.
15:51, 2025/02/24
Vietnam set to have digital banks within financial centers
Credit institutions headquartered in these financial centers will not be bound by restrictions on to foreign ownership or foreign investment conditions when providing services there or across borders.
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.
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.
14:39, 2020/08/26
Fin Min's new circular expected to propel Vietnam stock market to EM status
Being allowed to short sell and trade at T+0 will help Vietnam improve evaluation criteria under global providers of financial services such as FTSE Russell and MSCI.
13:00, 2020/08/20
Vietnam c.bank delays enforcement of loan regulation to aid economy
The central bank suggested the move is necessary to ensure efficiency of existing preferential rates policy for customers amid the Covid-19 pandemic.
11:24, 2020/08/20
Vietnam could extend waiving and delaying of tax payments to 2025: PM
An expansionary and flexible fiscal policy would help stimulate aggregate demand, create jobs and boost economic growth, stated Prime Minister Nguyen Xuan Phuc.
14:58, 2020/08/19
Now is right time for Vietnam c.bank to increase forex reserves: Expert
Vietnam trading activities would benefit from a stable exchange market, which is the central bank's target to buy in foreign currency, said banking expert Nguyen Tri Hieu.
17:33, 2020/08/18
Vietnam c.bank reportedly buys in US$2 billion past weeks
This resulted in more than VND46 trillion (US$2 billion) being pumped into the economy.
10:49, 2020/08/17
Vietnam stock market remains bright spot in Southeast Asia amid Covid-19
Foreign investors are returning to the market with its net outflow narrowing from VND12 trillion (US$520 million) since its March bottom to VND1.8 trillion (US$78 million) as of mid-August.
16:22, 2020/08/14
Privatization of Vietnam state firms remains slow, meeting 28% of target
Some large SOEs are facing difficulties in valuation, mainly due to complicated financial situations, which causes delays in the privatization process.
17:55, 2020/08/11
First foreign bank to issue bonds in Vietnam
HSBC’s bonds issuance underscores the bank’s long term commitment to Vietnam.
12:04, 2020/08/11
Vietnam could afford raising public debt to support post-Covid recovery
By the end of 2019, Vietnam’s public debt had significantly dropped to 55% of GDP from 63.7% in 2016.
14:49, 2020/08/10
Vietnam c.bank’s latest rate cut expected to reduce pressure on budget spending
Cutting deposit interest rates on required reserve of commercial banks is not a further monetary easing.