Vietnam stock market clears major legal hurdle to potential upgrade
Starting November 2, foreign investors will no longer be required to pre-fund 100% of their transactions, promising the removal of a major roadblock for Vietnam's market upgrade process.
21:44, 2024/11/11
Vietnam's credit growth up 10% in 10 months
Vietnam’s central bank has set a credit growth target of around 15% this year.
17:37, 2024/08/06
Vietnam, Singapore strengthen partnership in stock exchange operations
The two sides will focus on cooperation in digital transformation, cybersecurity, tax management, and market operations.
22:07, 2024/07/10
Taxes revenue from online shopping in Vietnam nearly triple in H1
Vietnam has 3.1 million business households and individuals, many of whom sell goods and services online without registering, declaring, or paying taxes.
20:33, 2022/12/23
C.bank urges tightened credit management in high-risk fields
Banks should exercise caution when making large loans to customers or financing large-scale projects to minimize risks.
10:59, 2022/12/22
Vietnam banks' ratings on positive trajectory: Fitch
The favorable economic backdrop has enabled banks to take advantage of ample asset origination opportunities to expand while rising household incomes and improved business cash flow keep credit risks in check.
22:15, 2022/12/19
Vietnam Securities Depository and Clearing Corporation set up
The Hanoi-based company, with a registered capital of US$42.3 million, would oversee securities registration, deposit, clearing, and payment processes.
12:53, 2022/12/16
Hanoi’s tax revenue hits nearly US$13 billion
Vietnam’s total tax revenue was estimated at VND1,460 trillion ($61.86 billion), exceeding the estimate by 24.3%.
17:22, 2022/12/07
PM urges banks’ credit to run into key economic sectors
Banks are requested to be responsible for supporting growth and containing inflation simultaneously.
17:46, 2022/12/06
Central bank expands credit growth target amid rising capital demand
The expansion of the credit room by 1.5-2 percentage points would mean an addition of VND156-200 trillion ($6.5-8.3 billion) being injected into the economy.
15:43, 2022/12/02
Hanoi-born scientists named for world research
The rated scientists, including some Hanoi-born researchers, are working at universities, including Vietnam National University and Ton Duc Thang University.
21:44, 2022/11/21
Rising credit demand puts pressure on Vietnam's economy
Experts call for the central bank to expand the credit growth target to 15-16% this year.
14:41, 2022/11/15
Visa, Google and banks launch Google Wallet today
With digital payments becoming the go-to choice for a seamless experience, Google Wallet is now available in Vietnam.
17:48, 2022/11/12
NA agrees to raise basic wage next July
The Vietnamese Parliament expects a budget deficit of VND455.5 trillion (US$18.35 billion), or 4.42% of GDP, for next year.
15:20, 2022/11/12
Vietnam excluded from US Treasury's monitoring list
Vietnam is among five economies removed from the monitoring list for "having met only one out of three criteria for two consecutive reports."
15:52, 2022/11/10
Vietnam’s Govt committed to supporting sustainable corporate bond market
The Government set the goal for total outstanding loans in the corporate bond market to reach at least 20% of the GDP by 2025, and 25% by 2030.
07:55, 2022/11/09
Vietnam’s budget revenue in 10 months exceeds year’s target
The high revenue was thanks to Vietnam’s speedy economic recovery, including a GDP growth of 8.83% in the year's first three quarters.
22:55, 2022/10/29
Policy rate hike necessary to stabilize foreign exchange market: Central Bank
High lending rates may be unfavorable for businesses, but ensuring long-term macroeconomic stability is essential for them to recover and thrive.
11:49, 2022/10/27
Some 245 million e-invoices issued in Hanoi in nine months
The Lucky bills program helps protect the rights and interests of buyers following tax-related regulations.
18:30, 2022/10/24
Vietnamese Government urged to raise base salary 6 months in advance
A higher basic wage would not only encourage public servants to improve their work performance, but also have positive effects on domestic consumption and, ultimately, on aggregate demands.
11:53, 2022/10/21
Real estate transactions urged to be conducted via banks
Such measures would help minimize the risk of money laundering and ensure transparency.
10:31, 2022/10/19
Transport ministry asks for $286.6 million to settle foreign loans
The Ministry of Transport expects to draw out some VND7 trillion (US$286.6 million) to pay off defaulted loans from Korean and German financers in the construction of the Hanoi-Hai Phong Expressway.
15:40, 2022/10/18
Central bank widens USD/VND exchange rate band to 5%
The central bank is ready to sell foreign currency to stabilize the market if needed.
16:40, 2022/10/14
Hanoi gives preferential loans to nearly 2,000 people
Credit policy from Hanoi’s social bank has effectively contributed to the city’s socio-economic development and remains a helpful instrument for poverty reduction, job creation, and social welfare.