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.
14:39, 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.
11:42, 2020/08/10
Vietnam gov’t spends nearly US$770 million to support efforts against Covid-19
As of July 20, the government delayed a payment worth VND47.6 trillion (US$2.04 billion) of land rental fees and taxes for enterprises, organizations and household businesses.
17:00, 2020/08/08
Vietnam stock market predicted to be resilient amid Covid-19 resurgence
The stock market still proves to be quite attractive in the context of redundant liquidity and other investment channels having not fully recovered.
11:58, 2020/08/07
Vietnam c.bank cuts policy rates for third time this year
Lower interest rates of deposit of required reserves and deposit of non-required reserves are expected to encourage commercial banks to inject more cash into the economy.
14:15, 2020/08/03
Vietnam gov't strives to ensure positive economic growth this year
Priorities would be to avoid any disruption to the economy and a negative growth scenario as Vietnam’s major economic partners face severe impacts from the pandemic.
12:02, 2020/07/30
Vietnam fiscal deficit widens to US$4.3 billion in 7 months on Covid-19
As of July 15, budget revenue collection reached VND697.5 trillion (US$30.17 billion), equivalent to 46.1% of the year's estimate.
16:45, 2020/07/29
Vietnam's cost of living rises 0.4% in July
Core inflation rose 2.74% year-on-year in the first seven months of 2020.
15:22, 2020/07/28
Vietnam credit system overcomes biggest test yet in Covid-19: PM
While the banking has to continue its efforts to deal with bad debts, credit institutions are required to support the economic recovery efficiently, said Prime Minister Nguyen Xuan Phuc.
11:57, 2020/07/28
Vietnam gold prices hit all-time high amid Covid-19 resurgence
In the long term, high gold prices could affect prices of other goods, weaken the Vietnamese dong and push inflation, said expert Nguyen Tri Hieu.
23:45, 2020/07/27
Vietnam finance ministry extends program to support stock market
The reducing and waiver of securities services fees would last until June 30, 2021.
17:17, 2020/07/27
Vietnam shares plunge 5.3% on Covid-19 resurgence; market cap falls US$10 billion
This marked the sharpest drop among stock markets globally during today’s trading session.