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.
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.
17:51, 2025/01/07
Vietnam prioritizes agriculture and renewable energy for access to green loans
The move is part of the government’s effort to accelerate economic restructuring and build resilience to climate change while protecting the environment.
22:18, 2023/05/25
Gov’t finalizes 2% VAT cut plan for goods and services
With the VAT cut to 8% in the second half of this year, the government estimates a revenue loss of VND24 trillion (US$1 billion).
13:41, 2023/05/25
Banks urged to further cut lending rates
The central bank will continue instructing banks to reduce interest rates, share profits with businesses, and undertake debt restructuring with a greater sense of urgency.
08:42, 2023/05/25
Vietnam's Central Bank cuts policy rate for third time
The aim is to steer the market towards a downward trend in interest rates in the future by lowering the ceiling on deposit and operating rates.
09:43, 2023/05/06
Thai KBank becomes the second largest chartered foreign bank in Vietnam
With a charter capital of over US$285 million, KBank is the second largest foreign bank branch in Vietnam by charter capital.
17:37, 2023/05/04
ADB, Switzerland cofinance US$5 million to improve access to finance for SMEs in Vietnam
This funding, along with a $2 million contribution from the Japan Fund for Prosperous and Resilient Asia and the Pacific financed by the Government of Japan, will support technical assistance to expand inclusive and climate finance in the country.
21:42, 2023/04/26
Thai firm to acquire Starprint Vietnam for US$44.7 million
The merger is expected to close in the third quarter of 2023.
20:03, 2023/04/25
Banks to keep lowering interest rates: Deputy governor
After the last two interest rate cuts, lending rates on the market have fallen to below 8% per annum.
10:50, 2023/04/25
Vietnam news highlights for April 25, 2023
Check out the latest news about Vietnam.
12:52, 2023/04/18
Vietnamese Gov’t agrees to cut VAT tax to 8% until year end
This would reduce budget revenues by VND5.8 trillion (US$246.7 million) per month and by VND35 trillion (US$1.48 billion) over the last six months of the year.
23:42, 2023/04/07
Vietnam’s stock market holds much potential for stronger growth: SSC
With a P/E ratio of 11x, lower than most other markets in the world, the Vietnamese stock market is a very attractive choice for long-term investment.
19:13, 2023/04/04
Central bank buys US$4 billion of currencies in Q1
Amidst the global uncertainties, the Central Bank has been buying back foreign currencies to ensure an adequate trade balance and economic stability.
18:32, 2023/04/01
News highlights for April 1, 2023
Find out the latest news about Hanoi and Vietnam in a five-minute brief.
16:11, 2023/03/28
Vietnamese banks that 'disappear' from the market
Some banks used to be very popular, with hundreds of thousands of customers, but they gradually disappeared from the market because of many reasons.
20:48, 2023/03/27
Japan's SMBC acquires 15% stake in VPBank for US$1.5 billion
The agreement surpasses the VND20 trillion ($850 million) acquisition of a 15% stake in BIDV from KEB Hana Bank (South Korea) in 2019, setting a new record in the banking industry.
15:29, 2023/03/15
Vietnam c.bank reduces policy rates
The country's central bank said the cut in the benchmark interest rate was a crucial step toward reducing market interest rates in the near future.
17:23, 2023/03/08
More female leaders needed in Vietnam’s banking sector: IFC
Gender-diverse leadership teams offer significant benefits to banks, from the strength of leadership teams, and cultural diversity, to viable financial performance metrics.
18:49, 2023/03/07
Corporate bond issuers allowed extending maturity period by 2 years
The new regulation allows bond issuers to extend the term of their bonds by up to two years, which was previously not permitted.
18:03, 2023/03/01
Hanoi mulls strategy to reform tax system until 2030
The application of modern and highly automated information technology is expected to create the best conditions for taxpayers to fulfill their tax obligations.
16:16, 2023/02/13
VNZ, first stock in Vietnam, hits million-dong price
Debuted on February 1, VNG Corporation has seen its market price gain as much as 200%.
17:26, 2023/02/07
Investors cautious in stock market in Year of the Cat
The local stock market will not go smoothly in 2023 as risks still persist and hamper its prospects.