Regional, international financial centers mean boosters to Vietnamese economy: Deputy PM
Ho Chi Minh City envisions its financial center encompassing the money market, banking system, capital market, and derivatives market.
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.
16:49, 2025/01/06
Vietnam GDP expands by 7.09% in 2024
The 2024 growth rate is considered positive amidst global uncertainties and domestic challenges such as natural disasters.
14:39, 2025/01/04
Vietnam stock market set to accelerate in 2025: Experts
Stable macroeconomic fundamentals, ongoing institutional reforms, and favorable monetary policies will be positive for corporate earnings.
08:10, 2017/10/13
Improve security in the banking system
Banking sector needs to improve measures to prevent and avoid violation in fields of monetary and banking, as well as to drastically and timely deal with violation to create a transparent monetary and credit environment, with a view to ensure the benefit of the customers and the stability of the system.
20:18, 2017/10/12
Foreign exchange reserves hit record $45 billion
Vietnam’s foreign exchange reserves are at an all-time high of US$45 billion, Party General Secretary Nguyen Phu Trong said.
16:32, 2017/10/11
SBV: Economic Performance Indicators on the target
Recent report of the State Bank of Vietnam (SBV) shows, credit growth in relation with the economy has increased since the beginning of 2017 and continue growing month by month. At the same time, credit institutions also reduce interest rate for business an production purposes.
20:06, 2017/10/09
Banking industry to have high growth
Most commercial banks expected their business performance to accelerate in the last quarter of this year, helping the average pre-tax profit of the entire banking system rise 13.63 per cent in 2017, according to the latest survey on the business performance trend of credit institutions conducted by the State Bank of Vietnam.
14:22, 2017/09/29
BiDV: Award for outstanding bank in fields of risk management in Asia by Asia Risk
The Bank for Investment and Development of Vietnam (BIDV) has been awarded as “House of the Year Vietnam 2017” by the Asia Risk magazine, which recognise high achiever in fields of risk management and derivatives across Asia.
18:30, 2017/09/28
The World Bank to support Vietnam improving economic prospects
The World Bank Group is supporting Vietnam to make further progress in resolving non-performing loans (NPLs), strengthening the banking sector to ensure efficient and effective allocation of capital for economic growth and job creation.
11:27, 2017/09/25
Digitalizing bank’s operation: New competitive trend
Technologies are transforming traditional business models, and banking is no exception.
18:20, 2017/09/19
Vietcombank: The best Vietnam bank in 2017
The magazine Alpha Southeast Asia (Alpha SEA) has held the award ceremony for outstanding financial institutions in the region, in which Vietcombank is awarded as “The best bank in Vietnam”.
20:34, 2017/09/13
Vietnam's goverment puts on hold a series of proposed tax hikes
The proposed take hikes would make it harder for the country to achieve economic growth target this year.
16:09, 2017/08/23
Quick remittance service from Korea to Vietnam saving up to $25
This service is provided by the Korean Government to save depositors up to $25 compared to other forms of direct international remittance.
11:27, 2017/08/12
Vietnam’s first derivatives market: Bring on the big game
Vietnam`s first derivatives market has just been launched on Thursday (Aug 10) with the initial aim to offer futures contracts on the stock markets and in government bonds.
19:15, 2017/07/24
100-percent Singapore owned bank to operate in Vietnam
State Bank of Vietnam (SBV) approved the in-principle foreign-owned subsidiary bank (FOSB) licence to set up a subsidiary bank in Vietnam UNITED Overseas Bank Limited (UOB) on July 19th.
14:13, 2017/07/20
ADB sees improved growth prospects for developing Asia
Economic growth prospects in developing Asia for 2017 have improved on the back of stronger-than-expected export demand in the first quarter of this year, according to a new Asian Development Bank (ADB) report.
12:23, 2017/07/17
Foreigners will be able to make term deposits in Vietnam
The State Bank of Vietnam (SBV) is collecting feedback on a draft circular that will, among other things, allow non-residents legally present in Vietnam to make term deposits in both VND and foreign currencies.
09:55, 2017/07/11
Several Vietnamese interest rate cut for the first time since 2014
The State Bank of Vietnam (SBV) has cut several interest rates for the first time since 2014, in order to support businesses and boost economic growth.
10:06, 2017/07/01
Modernization of Tax Administration to Save Cost for Enterprises
Over the recent times, the modernization and reform of tax management of the Hanoi Tax Department have helped enterprises save time as well as cost and improve the productivity and sales.
19:03, 2017/06/30
Hanoi: Credit increases 8.15% in first half of 2017
The total outstanding loans in Hanoi was estimated at 1.6 quadrillion VND (70 billion USD) in the first half of this year.
11:34, 2017/06/06
What's the first Vietnamese company to IPO in US?
The Vietnamese online gaming and messaging firm VNG Corp is eyeing to list shares on the Nasdaq, US.
20:05, 2017/05/19
Fitch raises outlook for Vietnam
Fitch Ratings has revised its outlook on Viet Nam’s long-term foreign and local currency issuer default ratings (IDR) to Positive from "BB-."
11:52, 2017/04/14
State Bank of Vietnam stops acquiring banks for 0 Dong
From now on, State Bank of Vietnam stops buying the bank for 0 Dong, according to official statement on Vietnam Government electronic Portal, on 12th April.