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.
01:35, 2020/03/19
Vietnam c.bank committed to ensuring stability of monetary market
The State Bank of Vietnam is ready to sell foreign currency to ensure forex market stability if necessary.
12:02, 2020/03/18
Vietnam finance ministry to reduce brokerage service fees to support market
Four transaction fees for derivatives market would be adjusted this week with immediate effect.
16:47, 2020/03/17
Vietnam targets fiscal deficit at below 4% of GDP in 2020
Vietnam continues to restructure the state budget and public debt management to ensure national financial security and sustainability .
15:13, 2020/03/17
Vietnam to rely on macroprudential measures to soften Covid-19 economic shock: Fitch
Fitch Solution revised its forecast for Vietnam’s credit growth to come in at 11% in 2020, from 12.50% previously.
10:37, 2020/03/17
Vietnam c.bank cuts policy interest rates after Fed's move
The cut is made to refinancing interest rate, discount interest rate, and interest rate applicable to overnight loans, starting effective from today.
16:32, 2020/03/16
Fed’s rate cut offers opportunity for Vietnam stock market
With greater liquidity, investors would look for markets deemed safe with less negative impacts from the Covid-19 epidemic.
14:21, 2020/03/16
Vietnam banks restructure debt maturities worth over US$930 million for customers
Local lenders are considering waiving interest rates of outstanding loans worth VND185 trillion (US$7.94 billion) for 34,350 customers.
16:47, 2020/03/13
Enterprises in Vietnam get greenlight for 5-month tax deferral
Over 93% of enterprises in Vietnam would benefit from such a prolongation.
16:19, 2020/03/12
Vietnam shares nosedive to 2-1/2-year low on global losses, pandemic fears
The positive signal during today’s trade was even the appearance of bottom-fishing demand that helped the VN-Index rebound from its intraday low
16:05, 2020/03/11
Vietnam government steps up e-payment to prevent Covid-19
Vietnam’s government is scheduled to integrate an additional 15 – 20 public online procedures to the national public services portal on March 13, with a focus on e-payment services.
10:41, 2020/03/11
Vietnam e-commerce market to surpass US$17 billion in 2023: GlobalData
Over the past five years, the country’s e-commerce market has doubled with total online spending increasing from US$3.9 billion in 2015 to US$9.4 billion in 2019.
09:15, 2020/03/11
Vietnam stock market watchdog to provide support for businesses
The head of Vietnam's stock market watchdog urged players to trust the internal strengths of the economy and the resilience of Vietnam’s stock market.
16:02, 2020/03/10
Privatization drives Vietnam’s stock market growth
The enhancement of SOE privatization would benefit both the local stock market and enterprises.
18:52, 2020/03/09
Vietnam shares suffer deepest fall in 19 years on epidemic fears
The decline was stronger than a 5.89% tumble in May 2014 when China started a territorial spat with Vietnam.
16:08, 2020/03/06
Deposits in Vietnam banking system up 14% in 2019
Four major state-run banks account for nearly half of total deposits in the banking sector.
10:32, 2020/03/06
Vietnamese financial market faces bigger challenges in 2020
It is projected that FDI and remittance inflows to Vietnam would also weaken this year due to the global economic slowdown, providing less support to VND.
09:54, 2020/03/06
Fiscal stimulus package expected to widen Vietnam’s 2020 deficit
Fitch Solutions has revised its forecast for Vietnam to record a fiscal deficit of 3.8% of GDP (excluding debt principal repayments) in 2020, versus 3.4% previously.
16:33, 2020/03/05
Vietnam’s exchange-listed firms earn US$13 billion in profits in 2019
Banking and real estate continue to be the top two sectors in the stock market in terms of profit and growth rate.
16:23, 2020/03/05
Vietnam’s credit growth remains low despite strong support from banks
The deceleration of credit growth in the two-month period showed difficulties that enterprises are facing as some have to scale down operations due to impacts of the Covid-19 epidemic.
16:44, 2020/03/04
Vietnam banking system eases pressure on US$10 billion loans for clients
The current Covid-19 epidemic has led to delay in debt payment and higher rates of bad and overdue debts , according to a senior official of the State Bank of Vietnam.