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.
09:20, 2020/01/15
Vietnam’s stock market keeps appealing to foreign investors
The prospect of the Vietnamese stock market this year will be brighter, with profits of listed firms in 2020 likely to increase by 18% against 2019 while the VN-Index may rise by 20.7%
20:30, 2020/01/13
Heineken Vietnam asked to pay US$40 million in tax arrears
At present, Heineken has paid the full amount to state budget.
11:00, 2020/01/13
How Asia can ride the digital wave to spur financial development?
No one should be left offline in the digital economy.
10:02, 2020/01/11
Foreign financiers deepens engagement in Vietnamese market
Rising foreign investment flow in Vietnam has prompted overseas banks to expand operation in the country.
18:44, 2020/01/10
Japan’s Aozora bank seeks to acquire 15% stake in Vietnam lender
Once completed, Aozora would become OCB Bank’s largest shareholder.
11:19, 2020/01/06
Top 10 public firms in Vietnam post market cap of US$88 billion
Nine out of the ten largest cap companies continued to lead the classification compared to 2018, but their rankings are now changed.
16:42, 2020/01/04
Bancassurance becomes crucial growth driver for banks in Vietnam
Bancassurance income is set to have much potential to grow both at sector-wide and individual bank level, according to a brokerage.
16:37, 2020/01/04
Vietnam c.bank's new circular to turn US$1.73 billion required reserves to loans
The circular lists cases that credit institutions are granted a reserve requirement waiver or a lower reserve requirement ratio.
15:38, 2020/01/04
Vietnam insurance market grows 20.5% in 2019
This is the sixth year in a row that the Vietnam insurance market has achieved a premium growth rate of over 20%.
17:55, 2020/01/02
US$24 billion cash trapped in net working capital in Vietnam: PwC
PwC’s analysis showed that opportunities for cash release from working capital in the fiscal year 2018 would be more than US$11 billion.
20:15, 2020/01/01
Foreign players net buy Vietnam shares for 3rd straight year
More than half of the overseas inflow came via ETFs.
17:52, 2020/01/01
Vietnam needs to consider more ambitious tax reform: WB
The declining trend in revenue collection is a source of concern as it has serious consequences for the fiscal policy conducted by the government, especially on its investment program.
13:01, 2020/01/01
External issues deemed biggest risk for Vietnam’s stock market in 2020
The biggest support for the market is expected to come from the consistent policy implementation by the government to stabilize macroeconomic factors and encourage domestic firms to develop.
11:05, 2020/01/01
Vietnam’s credit growth estimated at 13.7% in 2019
There has been a positive shift in the credit structure that provides strong support to economic growth, with a major part of outstanding loans channeled to priority fields.
17:36, 2019/12/31
Vietnam’s public debt trends down to 56.1% of GDP in 2019
Total capital expenditure in the 2016 – 2020 period would exceed the target of VND2,000 trillion (US$86.45 billion), accounting for 27 – 28% of total spending.
10:10, 2019/12/31
Vietnam’s top 10 economic events in 2019 (P.2)
This part reviews outstanding internal and external economic events of Vietnam in the past year.
16:04, 2019/12/30
Vietnam’s 4 state-run banks to qualify for Basel II in 2020
By the end of 2020, all commercial banks are required to meet Basel II standards, a condition for local lenders to expand their respective credit growth limit and increase registered capital.
15:55, 2019/12/30
Vietnam FX reserves set new record of US$80 billion
Compared to the end of 2016, Vietnam’s foreign exchange reserve to date has doubled.
11:22, 2019/12/30
New policies urged to remove roadblocks in privatizing Vietnam’s SOEs
Experts have pointed out a number of hindrances to SOE privatization, including weak corporate governance, valuation methods and restricted foreign ownership.
10:41, 2019/12/30
Fitch assigns ANZ Vietnam first-time 'BB' rating; outlook positive
ANZ Vietnam's Long-Term Foreign Currency IDR is capped at the Vietnamese Country Ceiling, which is ‘BB’ now.