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.
14:54, 2019/05/07
Vietnam’s c.bank buys US$8.5 billion YTD in FX reserves
Never before did the SBV manage to purchases such large amount in just a short time frame.
13:15, 2019/05/07
Vietnam to revise contribution rate of major cities to state budget beyond 2020
Following the Prime Minister’s instruction, the current contribution rate has been decreased to 14 – 16%, allowing provinces and cities to increase expenditure for investment and carry out wage reform.
15:59, 2019/05/06
Vietnam consumers become fonder of e-wallet
Up to 61% of consumers now make payments on their mobiles, compared to just 37% in 2018.
09:49, 2019/05/01
Vietnam's fiscal surplus jumps 3-fold y/y
State budget revenues as of April 15 reached VND421 trillion (US$18.09 billion), equivalent to 29.8% of the year`s estimate.
20:03, 2019/04/27
VISA prepares smart financial management for Vietnamese students
Preparing financial management skills for students is part of efforts to contribute to Vietnam’s increasingly diverse commerce scenarios.
11:49, 2019/04/25
World Bank warns Vietnam of ‘vulnerable’ credit-to-GDP ratio
Vietnam’s economic growth is projected to moderate to 6.6% in 2019, driven by credit tightening, slower private consumption and weaker external demand.
11:01, 2019/04/22
Positive outlook on Vietnam bank stocks in 2019
Statistics from 17 stock-exchange listed banks in Vietnam in the first quarter show a continued uptrend following positive business performance of the sector in 2018.
08:36, 2019/04/22
Foreign investors keep big interest in Vietnam’s consumer finance market
What investors see and find most captivating about Vietnam`s banking system is that there is an untapped opportunity.
10:11, 2019/04/20
Vietnam turns to capital markets for sustainable economic growth
The banking growth model of rapid credit growth to the corporate sector will transform in the one which focuses more on household lending and fee income as corporates tap into the bond and equity markets.
11:37, 2019/04/17
Vietnam’s c.bank gives priority to lending to SMEs
Difficulties remained for enterprises, particularly SMEs, in accessing banks’ credit and financial services.
15:33, 2019/04/16
Vietnam expected to cut policy rate in second half of 2020: HSBC
The need to ease policy rates in the near-term is unlikely, given the country’s still-robust growth and heightened foreign direct investment.
11:50, 2019/04/15
E-payment in Vietnam predicted to surge in next 5 years
The extent of internet penetration and the percentage of smart phones and social media users in the country is higher than the global average and countries with similar development level, said experts.
14:54, 2019/04/12
Foreign banks in Vietnam raise capital for expansion plans
Foreign banks have so far gained positive business performance in the Vietnamese market and their results are estimated to be better than Vietnamese banks with the same scale in capital and total assets.
14:49, 2019/04/08
Vietnam banks expect higher profitability in 2019: C.bank
Most banks reported a better business environment and higher business results in the January – March period against the same period last year.
11:43, 2019/04/06
Vietnam spends over US$47 million per day paying debt
Vietnam recorded a budget surplus of VND66 trillion (US$2.84 billion) in the first quarter, indicating a sharp improvement from a budget surplus of VND18.48 trillion (US$797.02 million) in the same period of 2018.
09:09, 2019/04/06
Japan investors' growing interest in Vietnam banks comes natural
Due to the increasing number of Japanese companies expanding in Vietnam as well as growing domestic consumption, Vietnam becomes more attractive as an investment destination for Japanese corporations.
12:42, 2019/04/02
Vietnam c.bank targets credit growth at 14% in 2019
The decision was made taking into consideration the GDP growth target of 6.8% in 2019 and inflation rate below 4%, set by the National Assembly and the government.
17:48, 2019/04/01
Japan’s J Trust bank shows interest in Vietnam’s Construction Bank stake
Tokyo-based J Trust will contribute capital and support the bank in terms of technology and financial operations.
13:05, 2019/04/01
Experts propose higher foreign holding in Vietnamese banks
As for poorly-performing banks, prestigious foreign banks should be permitted to buy up to 100 per cent of the banks’ charter capital.
12:48, 2019/03/29
Vietnam ministry proposes 5% cut of tax income for SMEs
The finance ministry`s proposal is part of the government’s efforts to encourage business households to formalize and become enterprises.