3,400 taels of gold purchased at the first-in-11-year auction
Gold trading firm SJC and lender ACB are the two successful bidders at the auction held today.
16:19, 2024/04/22
HoSE to launch KRX-developed transaction system in early May
Brokerage firms are expected to prepare data for the transition to the new system.
15:23, 2024/04/22
Central bank moves gold auction to tomorrow
The auction was postponed due to a lack of bidders and escrow deposits.
21:31, 2024/04/15
Central bank to auction gold to calm domestic market
Domestic gold prices have surged in recent weeks amid rising geopolitical tensions.
20:46, 2023/07/20
Corporate bond trading platform to be new growth driver
The introduction of the bond trading platform is expected to increase transparency and improve market liquidity.
10:27, 2023/07/20
Government to ask for parliament's approval on global minimum tax
The global minimum tax will affect multinationals such as Samsung, Intel, LG, Bosch, Sharp, Panasonic, Foxconn and Pegatron, among other investors in Vietnam.
16:27, 2023/07/14
Vietnam's corporate bond trading platform to go live in July
There is an urgent need for the government to take swift action to address the problems in the corporate bond and securities markets.
05:49, 2023/07/09
QR code makes shopping easier for Hanoi residents
Among all payment methods, QR code-based payments grew 160% in volume and 40% in value from January to May.
12:46, 2023/06/30
WB provides US$264 million loan to support Vietnam's inclusive and sustainable recovery
Reforms supported by this credit will strengthen Vietnam's ongoing recovery from the Covid-19 pandemic and subsequent commodity price shocks.
22:27, 2023/06/13
Vietnam’s medium-term outlook remains positive: Fitch Ratings
Fitch has affirmed Vietnam's sovereign credit rating at 'BB' with a 'positive outlook.'
20:06, 2023/06/06
Drought insurance for Vietnamese farmers launched
The Australian insurtech startup made inroads into Vietnam's agricultural insurance sector, aiming to insure farmers against Southeast Asia's volatile weather.
17:58, 2023/05/29
Local banks cap deposit rates at 8.5%/year
Lowering bank rates helps businesses and individuals access credit, stimulating the economy.
22:18, 2023/05/25
Gov’t finalizes 2% VAT cut plan for goods and services
With the VAT cut to 8% in the second half of this year, the government estimates a revenue loss of VND24 trillion (US$1 billion).
13:41, 2023/05/25
Banks urged to further cut lending rates
The central bank will continue instructing banks to reduce interest rates, share profits with businesses, and undertake debt restructuring with a greater sense of urgency.
08:42, 2023/05/25
Vietnam's Central Bank cuts policy rate for third time
The aim is to steer the market towards a downward trend in interest rates in the future by lowering the ceiling on deposit and operating rates.
09:43, 2023/05/06
Thai KBank becomes the second largest chartered foreign bank in Vietnam
With a charter capital of over US$285 million, KBank is the second largest foreign bank branch in Vietnam by charter capital.
17:37, 2023/05/04
ADB, Switzerland cofinance US$5 million to improve access to finance for SMEs in Vietnam
This funding, along with a $2 million contribution from the Japan Fund for Prosperous and Resilient Asia and the Pacific financed by the Government of Japan, will support technical assistance to expand inclusive and climate finance in the country.
21:42, 2023/04/26
Thai firm to acquire Starprint Vietnam for US$44.7 million
The merger is expected to close in the third quarter of 2023.
20:03, 2023/04/25
Banks to keep lowering interest rates: Deputy governor
After the last two interest rate cuts, lending rates on the market have fallen to below 8% per annum.
10:50, 2023/04/25
Vietnam news highlights for April 25, 2023
Check out the latest news about Vietnam.
12:52, 2023/04/18
Vietnamese Gov’t agrees to cut VAT tax to 8% until year end
This would reduce budget revenues by VND5.8 trillion (US$246.7 million) per month and by VND35 trillion (US$1.48 billion) over the last six months of the year.
23:42, 2023/04/07
Vietnam’s stock market holds much potential for stronger growth: SSC
With a P/E ratio of 11x, lower than most other markets in the world, the Vietnamese stock market is a very attractive choice for long-term investment.
19:13, 2023/04/04
Central bank buys US$4 billion of currencies in Q1
Amidst the global uncertainties, the Central Bank has been buying back foreign currencies to ensure an adequate trade balance and economic stability.
18:32, 2023/04/01
News highlights for April 1, 2023
Find out the latest news about Hanoi and Vietnam in a five-minute brief.