Vietnamese Gov’t forecasts CPI growth of up to 4.5% in 2025
With the goal of at least 8% GDP growth, the money supply in the economy will be significantly larger than in 2024. This will have an impact on price indices, particularly consumer prices.
15:51, 2025/02/24
Vietnam set to have digital banks within financial centers
Credit institutions headquartered in these financial centers will not be bound by restrictions on to foreign ownership or foreign investment conditions when providing services there or across borders.
14:30, 2025/02/15
Hanoi expands cashless parking pilot program
Hanoi is advancing its efforts to integrate technology into urban management by expanding the pilot program for cashless parking payments throughout the city.
16:58, 2025/02/11
Prime Minister urges banks to prioritize economic support over profits
One of the key priorities for the banking sector is to support small and medium-sized enterprises (SMEs), as they generate a large number of jobs and contribute significantly to the economy.
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.
10:30, 2020/03/04
Covid-19 may weigh on Vietnam banks’ performance: Fitch Ratings
Fitch Rating keeps the positive rating outlook for Vietnamese banks.
20:32, 2020/02/29
Vietnam Fin Min plans relief for taxpayers
A higher disposable income as a result from the adjustment would boost household spending and economic growth, said the Ministry of Finance.
09:25, 2020/02/26
Vietnam’s healthcare benefit cost to grow 12.1% in 2020: Survey
The recent and on-going healthcare emergency caused by the Covid-19 also highlights the need to review how employers manage and deliver healthcare benefits.
15:54, 2020/02/25
Vietnam c.bank aids businesses hurt by Covid-19
Restructuring debt maturities would be considered upon requests from customers and assessment from the banks regarding borrowers’ financial capabilities and their losses.
13:30, 2020/02/22
IFC increases trade finance limits to support Vietnamese businesses amid Covid-19
The increased total limit of US$294 million will enable these banks to improve their capacity to cover payment risk in granting trade financing to local companies, mostly small and medium enterprises.
09:37, 2020/02/21
Trade deals facilitate foreign investors in Vietnamese banks
Experts believed European investors would eye Vietnamese banks which have some good criteria.
08:08, 2020/02/20
Mobile money to add up 0.5 ppts to Vietnam economic growth
Over 50% of the Vietnamese population does not have a payment account at banks, therefore, mobile money would offer a non-cash payment method for a large base of customers.
15:19, 2020/02/19
Vietnam considers establishment of venture capital market
Prime Minister Nguyen Xuan Phuc has requested the creation of favorable legal environment and regulatory sandbox for IT companies.
09:49, 2020/02/19
Fine-tuned policies needed to unleash foreign investment in Vietnam’s M&A market
A survey by Corporate Investment and Mergers & Acquisitions Center also showed that one of the obstacles to M&A deals in Vietnam is the time consuming approval process.
13:54, 2020/02/17
Vietnam faces potential state budget loss of US$1.82 billion on Covid-19
In case the epidemic persists for around four to five months, or even longer, manufacturing sectors with high dependence on input materials from China would be in trouble.