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.
14:06, 2020/01/23
Vietnam PM approves national strategy for financial inclusion until 2025
By the end of 2025, Vietnam targets to have at least 80% of adults in the country to have bank accounts and the number of non-cash transactions to expand 20 – 25% annually.
13:57, 2020/01/23
Total assets of banks in Vietnam swell 9.12% to over US$518 billion
Total assets of commercial banks under state ownership accounted for 42.7% of the total in the banking sector, followed by joint stock commercial banks with 41.6%.
15:14, 2020/01/21
Vietnam stock market predicted to maintain high activity after Lunar New Year
The stock market usually goes up in ten sessions after the Lunar New Year holiday with a strong increase in trading volume and value.
09:47, 2020/01/21
New foreign companies reshape Vietnam’s securities brokerage market share
Vietnam's stock market remains appealing to both domestic and foreign brokerage houses.
14:43, 2020/01/20
Profit of Vietnam banking sector predicted to grow 22.5% in 2020
In 2020, the credit growth is expected to be in range of 13 – 13.5%, down from 13.7% last year.
14:22, 2020/01/20
Debt maturity in 2020 – 2021 to put pressure on Vietnam’s state budget
Vietnam is capable of repaying debts, as the annual debt repayment accounts for 15 – 16% of total state budget, below the ceiling limit and international practice of 25%.
17:11, 2020/01/17
Vietnam urged to ease market regulation for reclassification as emerging market
Vietnam currently does not have a mechanism to limit the failure of transactions similar to other emerging markets in the region.
05:39, 2020/01/17
Liquidity in Vietnam stock market predicted to improve in 2020: FiinGroup
Foreign indirect investment will continue to increase this year and the interest will shift gradually from the bond channel to the stock market.
16:41, 2020/01/16
US unlikely to name Vietnam as currency manipulator: Expert
Given the growing US – Vietnam diplomatic relations and Vietnam’s willingness to address the US's concern related to trade issues, the chance for this to happen is nearly zero, said an expert.
18:17, 2020/01/15
Gen X and Baby Boomers in Vietnam rapidly catching up with fintech
Vietnam has witnessed dynamic growth of the fintech sector, with the increasing participation of the older generations.
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.