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.
09:30, 2020/07/24
Moody's confirms ratings of five Vietnamese financial institutions
Moody's rating action concludes the review for downgrade initiated on April 7, 2020.
09:48, 2020/07/23
Vietnam’s 2020 growth seen at 3%: StanChart
Further monetary and fiscal support in the second half of this year could push growth closer to the government’s target of 4-5%.
08:07, 2020/07/22
Vietnam GDP growth set to hit 3.8% in 2020: VEPR
The development of a Covid-19 vaccine is necessary for the Vietnam's economy to return to its pre-Covid-19 status.
16:16, 2020/07/20
Vietnam stock market needs upgrading to emerging status soon: PM
Vietnam’s stock market has been the platform to help firms like Vietcombank, Vinamilk and Vingroup, expand to regional and global stages.
17:31, 2020/07/18
Covid-19 hurts income of 90% of Vietnamese laborers
Half of the number of laborers have their income reduced by at least 20%, with the majority being low-skilled workers.
20:25, 2020/07/16
Vietnam gov't urged to scale up support programs for businesses post Covid-19
While a number of supporting packages are in place, only a small proportion of enterprises have actually benefited from the policy.
13:49, 2020/07/16
Vietnamese dong expected to average stronger in 2020: Fitch
Vietnam’s central bank is expected to pursue a stronger dong, especially as this might weigh on the recovery of the country’s export-oriented manufacturing sector over the coming months.
12:50, 2020/07/15
Vietnam's foreign borrowings jump 1.6-fold to US$533 million in H1
The government is looking at loans and government bonds, among others, to meet growing demand of state expenditure.
17:19, 2020/07/10
Covid-19 impacts on Vietnam economy not fully reflected in 6-month data: CIEM
In the most optimistic scenario, Vietnam’s economy is predicted to expand 2.6% year-on-year, lower than the International Monetary Fund (IMF)'s forecast at 2.7%.
18:56, 2020/07/08
Vietnam provinces focus more on improving budget transparency
For this year, 24 out of 63 provinces/cities have fully disclosed information on their respective budgets, scoring 75 points and more, while in 2018, only six provinces did so.
18:31, 2020/07/07
Vietnam PM urges more fiscal stimulus to boost economic recovery
Vietnam could widen fiscal deficit and public debt by an additional 3 – 4 percentage points of GDP without affecting the national financial security in the short- and long-terms.
10:42, 2020/07/04
HSBC supports ASEAN’s commitment to joint economic recovery plan
To build economic recovery and install supply chain resilience, HSBC advocates three reform planks: trade and investment flows; digital connectivity; and linking nation development projects to globally agreed sustainable development goals.
13:00, 2020/07/03
Vietnam credit growth hits 3.26% in Jan-Jun
Vietnam’s central bank is willing to increase the credit growth limits for banks from now until the end of the year to support economic growth.
08:19, 2020/07/03
Vietnam inflation set to stay below 4% target this year: Experts
Inflationary pressure in the remaining six months would be insignificant as the oil prices are unlikely to surge, which is a result of a possible global economic recession.
11:39, 2020/07/02
Vietnam gov't sticks to target to tame inflation at 4%
While the inflationary pressure, especially driven by hikes in prices of oil and food, devalues some currencies, Vietnam’s inflation target would remain unchanged.
00:26, 2020/07/02
Vietnam’s economic growth may rebound to 5.5-7% in H2: UOB
UOB has trimmed their 2020 forecast for Vietnam to 3.5%, from 5.2% made earlier given the sharply weaker second-quarter performance.
19:40, 2020/07/01
Vietnam moves for greater budget transparency
There is a long road to go for government agencies to fully comply with transparency requirement in the Law on State Budget, said an expert.
15:33, 2020/06/30
Vietnam’s consumer prices up 4.19% in Jan-Jun, highest in 5 years
Core inflation in the first six months of 2020 rose by 2.81% year-on-year.
17:52, 2020/06/26
Vietnam's disbursement of ODA funds more than triples y/y in H1
The disbursed amount, however, remains significantly lower than expected.
12:09, 2020/06/25
Vietnam bond market grows nearly 10% to US$57.6 billion in Q1
This is mainly due to the government bond segment growing 10.5% quarter-on-quarter in the first quarter, to reach US$53.3 billion.