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.
17:51, 2025/01/07
Vietnam prioritizes agriculture and renewable energy for access to green loans
The move is part of the government’s effort to accelerate economic restructuring and build resilience to climate change while protecting the environment.
16:49, 2025/01/06
Vietnam GDP expands by 7.09% in 2024
The 2024 growth rate is considered positive amidst global uncertainties and domestic challenges such as natural disasters.
14:39, 2025/01/04
Vietnam stock market set to accelerate in 2025: Experts
Stable macroeconomic fundamentals, ongoing institutional reforms, and favorable monetary policies will be positive for corporate earnings.
14:29, 2024/03/06
Prime Minister urges banks to cut lending rates further
The Government leader has called for the publication of average lending rates to allow individuals and businesses to choose their banks.
20:23, 2024/02/28
Potential upgrade to emerging status may pull US$25 billion into Vietnam’s stock market
The local stock market's upgrade from the frontier to emerging status by 2025 remains critical to the country’s transformation into a high-middle-income country by 2035 and a high-income country by 2045.
07:42, 2024/02/28
Vietnam to finalize legal framework for digital assets in May
Virtual asset transactions in Vietnam are currently conducted through international trading platforms or direct arrangements, which poses risks of money laundering for the individuals involved.
16:01, 2024/02/26
VCCI hosts 14 international investors to study Vietnam's potential
With a population of 100 million, a young workforce, a stable political system and attractive policies, Vietnam has attracted the interest of many global companies.
15:32, 2024/02/22
Enhanced local trade finance in Vietnam: A potential US$55 billion annual trade boost
International trade is an important driver of productivity, jobs, and development – but to be effective, adequate trade finance is essential.
16:31, 2024/02/15
Vietnam’s corporate bond market could grow to US$100bn: Finance Minister
The Ministry of Finance is expected to establish a separate bond market, strengthen inspection and auditing, and create conditions for businesses to raise capital.
20:08, 2024/02/14
Vietnam’s banking sector set to turn the corner in 2024
The fact that the Vietnamese dong depreciated by a modest 2.9% year on year in 2023 indicated high stability and improved foreign exchange reserves compared to the end of the previous year.
14:02, 2024/02/02
Vietnamese Gov’t remains steadfast in upgrading stock market to emerging status by 2025
The Ministry of Finance is expected to ease pre-transaction deposit requirements for foreign investors this year.
12:06, 2024/01/31
USD/VND exchange rate set to stabilize in second half of 2024
The central bank achieved some success in managing the foreign exchange market as the USD/VND exchange rate maintained a sliding rate of about 3.1% in 2023, despite some periods approaching the VND24,800 threshold.
11:04, 2024/01/22
Foreign capital expected to return to Vietnam’s stock market
If the stock market is upgraded to emerging status, the potential influx of foreign capital could range between $5 and $8 billion.
13:08, 2024/01/09
PM calls on banking sector to meet economy's capital needs
The main goal of the banking sector is to support economic growth while controlling inflation, contributing to the stability of the macro-economy, the monetary and foreign exchange markets, and financial security.
10:27, 2024/01/07
Over US$82 billion to be pumped into Vietnam’s economy this year: SBV
A reduction in interest rates is expected to fuel better credit performance in 2024 compared to last year.
18:27, 2024/01/02
Vietnam’s stock market expected to close in on global standards
Proactive and coordinated efforts among Government agencies are key to achieving the goal of upgrading Vietnam's stock market from the current frontier to emerging market status.
13:38, 2023/12/05
Vietnam, Cambodia launch QR code payment system
The move is aimed at facilitating cashless payments in both countries.
14:47, 2023/11/29
Global minimum tax set to take effect in Vietnam in 2024
The move is expected to increase tax revenue by over VND14.6 trillion ($603.5 million) from 122 foreign multinationals operating in Vietnam.
14:54, 2023/11/27
Vietnam’s local bond market hits US$109 billion: ADB
Vietnam’s government bond yields climbed across all tenors for September 1 - November 10 driven by a rise in inflation and the US Federal Reserve’s decision to keep interest rates high for an extended period.
17:51, 2023/11/08
Vietnam not a currency manipulator, says US Treasury
However, Vietnam was placed back on a US Treasury currency "watch list".
21:16, 2023/10/25
ADB, SBV joint efforts to support digital banking in Vietnam
Through strengthening Vietnam’s fintech industry and fostering the digitalization of the banking sector, the program offers new opportunities for Small- and medium-sized enterprises to improve their access to financing.
18:38, 2023/10/07
Hanoi Cashless Streets to foster digital transactions
It is expected that there will be cashless streets in every district of the capital.
08:02, 2023/10/07
Vietnamese Government considers extending VAT reduction to mid-2024
The extension will result in individuals' savings in spending and living expenses, potentially stimulating demand and boosting consumption.