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.
11:57, 2019/12/02
Efficient resource utilization may help Vietnam GDP grow 9 – 10%
The public capital must be allocated based on market principles, said an expert.
06:05, 2019/12/02
Legal overhaul urged for foreign firms to list shares in Vietnam
Encouraging FDI firms to list locally would help supervise their performance as the companies would be managed by not only local authorities but also investors, shareholders, and the local stock exchanges.
18:05, 2019/11/30
Vietnam records US$3.81-billion fiscal surplus in 11 months
As of November 15, the country's state budget revenue reached VND1,299.4 trillion (US$56.18 billion), equivalent to 92.1% of the year's estimate.
18:34, 2019/11/29
Vietnam c.bank removes daily transaction limit for e-wallet users
Instead of a daily transaction limit, Vietnam’s central bank would set up a monthly limit of VND100 million (US$4,284) for e-wallet users.
17:08, 2019/11/28
Data governance key to promote growth in Vietnam’s banking sector
For banks in Vietnam, data governance is an important step to realize the vision of becoming a leading data-driven bank, said a PwC expert.
15:51, 2019/11/27
Vietnam named second in ASEAN in fintech funding in 2019
Vietnam’s fintech firms secured two of the top three largest funding deals in ASEAN in 2019.
14:25, 2019/11/27
Proposal to merge Hanoi and Ho Chi Minh City stock exchanges on hold
For the time being, the government would redefine functions and responsibilities of each stock exchange, ensure no overlapping in operations.
09:47, 2019/11/22
Loosening foreign ownership cap at Vietnamese banks becomes urgent
After the parliament disapproved a plan to use state funds to raise registered capital, state-owned banks will have to look for foreign investment to increase capital.
08:58, 2019/11/21
Investors keep pouring money into e-wallet despite losses
The large market and great potential of the non-cash payment sector in Vietnam explain why investors keep pouring money into payment technology firms, though the firms continue making losses.
12:36, 2019/11/20
Vietnam’s bond market grows 1.9% in Jan-Sep, reaching US$55 billion
This expansion was due mainly to a 4% on-quarter growth in government bonds to US$51 billion as the central bank increased issuance of bills.
17:15, 2019/11/19
Vietnam c.bank lower deposit rate cap to 5%
The move aims to support local businesses which are hampered by high borrowing costs.
08:31, 2019/11/18
Vietnamese banks come closer to big deals
Experts said that a series of favorable conditions are encouraging local banks’ plans to sell shares to foreign investors for capital hike in a move to meet the Vietnamese central bank’s Basel II regulation.
15:01, 2019/11/16
Vietnam’s banking sector becomes more attractive to investors
Growing attractiveness of Vietnamese banks' shares is thanks to a positive revamp and strong outlook of the sector, particularly as Vietnam is accelerating global economic integration.
10:22, 2019/11/15
Vietnam banks urged to step up third-party risk management
Most Vietnamese banks are still struggling to comply with the banking authority’s regulations related to digital transformation, particularly those concerning the management of third-party risks.
14:48, 2019/11/14
Vietnam parliament approves state budget deficit of 3.44% of GDP for 2020
The National Assembly agreed on allocating VND115.4 trillion (US$4.97 billion) for debt payment and VND220 trillion (US$9.47 billion) for development investment.
09:40, 2019/11/12
KEB Hana Bank, BIDV close biggest M&A deal in Vietnam’s banking industry
This is the first acquisition by a foreign financial institution of a considerable stake of a Vietnamese bank in many years.
08:59, 2019/11/12
Foreign investors eye Vietnamese promising insurance market
Experts are upbeat about the Vietnamese insurance industry’s health in the coming years, forecasting it would maintain an annual double digit growth rate.
13:50, 2019/11/09
Vietnam’s brand value rises to US$247 billion, ranking 42nd worldwide
In 2019, the combined value of Vietnam’s top 50 most valuable brands reached over US$9.3 billion, according to Forbes Vietnam’s ranking.
12:56, 2019/11/08
Vietnam’s benchmark VN-Index projected to jump 80%: Pyn Elite
The move reflected Pyn Elite Fund’s view of Vietnam’s positive economic outlook and the robust profit growth of listed companies, as well as its belief in the continuous modernization of Vietnamese financial market.
12:56, 2019/11/08
Fintech Challenge Vietnam promotes financial inclusion and digital banking
The Fintech Challenge Vietnam has been useful input into developing an enabling legal framework for the fintech ecosystem development in Vietnam.