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.
01:08, 2019/12/20
Moody's turns outlook of Mong Duong Finance to negative
The negative outlook on the rating mirrors the negative outlook on Vietnam's sovereign rating, given the government's commitment to MDP's power project.
00:10, 2019/12/20
Moody's changes outlook of 15 Vietnamese banks to negative
Moody's rating actions on the 18 banks are driven purely by the sovereign rating action, and do not reflect a weakening of the banks' standalone financial profiles.
06:11, 2019/12/19
Vietnam Fin Min objects to Moody’s changing to negative outlook
The finance ministry reiterated that the government is always serious about meeting commitments to timely debt payments with development partners and international financial institutions.
05:09, 2019/12/19
Moody's confirms Vietnam's ratings at Ba3, but changes outlook to negative
The negative outlook reflects some ongoing risk of payment delays on some of the government's indirect debt obligations.
11:27, 2019/12/18
Vietnam government to consider reducing ownership at state-run commercial banks
Vietnam is committed to opening the financial market to foreign investors, particularly in financial services.
10:09, 2019/12/18
Vietnam steps up tax scrutiny of foreign invested enterprises
Local authorities are trialing ways to prevent multinationals from structuring affairs in order to divert profits to low tax jurisdictions.
06:06, 2019/12/18
Why disbursements of public investment in Vietnam are slow?
The sluggish disbursement of public investment is attributable to the combination of three major factors.
17:35, 2019/12/17
FDI and domestic consumption remain drivers of Vietnam’s growth: WB
Vietnam's economy is expected to grow 6.8% this year before slowing to 6.5% in the next few years.
11:02, 2019/12/16
Vietnam projected to be one of fastest growing economies worldwide in 2019
The World Bank has revised up its growth forecast for Vietnam from 6.5% to 6.8% in 2019.
21:42, 2019/12/12
Vietnam highly likely to be upgraded to second emerging market next September
The upgrade is likely to widen Vietnam’s access to large funds allocated according to the FTSE Emerging Index, including Vanguard FTSE Emerging Market ETF.
17:42, 2019/12/12
Vietnam under pressure to address corruption in private sector: UNDP
Corruption increases the cost of doing business, distorts the competitive environment, limits opportunities for investment and widens the growing social inequality, according to a UNDP expert.
00:03, 2019/12/11
E-payment key to promote Vietnam’s internet economy
Vietnam must grasp opportunities from the internet economy, which is estimated to have a combined value of US$100 billion in Southeast Asia, and is on track to increase by three-fold in the next five years, said a government official.
17:04, 2019/12/10
Vietnam gov’t bond market equals 25.1% GDP in 2019
In 2021, Vietnam strives to have its government bond included in global recognized bond indices such as JP Morgan, Bloomberg Barclays, Citi World Government.
09:17, 2019/12/10
JP Morgan expects high growth and profitability from Vietnamese banks
It is a rare combination where Vietnamese banks are growing fast and are quite profitable, said an expert at JP Morgan.
14:11, 2019/12/09
Vietnamese enterprises urged to prepare for changes in tax policy
These policies not only introduce new tax treatments such as e-commerce transactions, re-auditing or the application of penalties, but also introduce new regulations of tax compliance and audit management.
06:03, 2019/12/09
Vietnam tightens supervision on foreign investment to prevent origin frauds
A number of foreign-invested firms have falsely labeled their products as originating from Vietnam to avoid trade safeguard instruments amid the US-China trade war.
10:41, 2019/12/05
Foreign investors unable to get Vietnamese stocks despite value at lowest level: Bloomberg
Tight liquidity is considered the main reason for difficulty that any investor who would like to take advantage of the country’s economic growth is facing.
17:09, 2019/12/04
Vietnam c.bank cuts rate on banks’ reserve requirements first time since 2005
It is likely that the credit growth in the first 11 months of the year is quite far away from the target of 14%, so the SBV is taking steps to boost credit.
19:11, 2019/12/02
Total assets of banks in Vietnam increase 9% to nearly US$520 billion
The total assets of commercial banks under state ownership accounted for 43.4% of the total of the banking sector, followed by joint stock commercial banks with 41.4%.
16:53, 2019/12/02
Vietnam remains among top 10 remittance recipients in 2019
Remittance, along with foreign direct and indirect investment and official development assistance, is a major source of Vietnam’s foreign currency supply.