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.
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.
11:20, 2020/02/17
Vietnam’s benchmark VN-Index predicted to move sideways this week
If penetrating through resistance zone of 940- 943, the index will head toward 960-970 points in the short term, said a brokerage firm.
09:45, 2020/02/17
FDI firms face challenges on Vietnam’s stock market
Part of blame is the business performance of the FDI firms which lack stability and significant growth in annual profits, which discourages investors.
10:28, 2020/02/14
Foreign investors look forward to Vietnam’s imminent IPOs in 2020
Nearly 100 Vietnamese companies will need to hit the road for share auctions by the end of 2020 to meet the government’s target of privatizing state firms.
01:04, 2020/02/12
Vietnam c.bank drops foreign ownership limit requirement for fintech
Foreign ownership limit could affect the attraction of foreign direct investment (FDI) in the field of intermediary payment services in particular and fintech in general.
11:11, 2020/02/11
Vietnam’s growth prospects remain positive despite pessimism for global economy
Despite the declining trend overall, 49% Vietnam CEOs in particular, share a positive outlook for business growth in the year ahead.
09:16, 2020/02/11
Foreign banks start consumer finance boost in Vietnam’s market
Foreign banks have decided to boost consumer finance loans as the business segment is forecast to maintain double digit growth this year.
17:24, 2020/02/08
Vietnam records fiscal surplus of US$2.04 billion in January
In January, tax revenue stood at VND166.7 trillion (US$7.17 billion), equivalent to 11% of the year's plan and up 4.8% year-on-year.
12:31, 2020/02/07
Vietnam banks record highest increase in brand value: Brand Finance
With five new banks included in this year’s Brand Finance Banking 500, the total number of Vietnamese banks in the global top 500 banks in brand value hits nine.
12:12, 2020/02/07
Vietnam banks pledge to support business sectors hit by nCoV
The central bank is willing to support liquidity for credit institutions, if needed, as they start providing financial support for the economy.
18:41, 2020/02/06
Vietnam's new consumer finance curbs to challenge business models: Fitch
Fitch Ratings believes larger, more established finance companies are better-placed to meet the new requirements while newer, smaller companies that concentrate on cash loans may find it harder to shift their business models.