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.
15:36, 2015/09/05
Vietnam to keep close watch on China economy
The National Financial Supervisory Commission (NFSC) has proposed that a close watch be kept on China`s moves in its socio-economic policies in order to react in an appropriate manner.
10:51, 2015/08/27
Government stake sale needs regulations to prevent corruption
Deputy Prime Minister Vu Van Ninh said the draft on selling Government stakes as share packages must include strict regulations to prevent corruption, while still encouraging those who seek long-term investments.
10:39, 2015/08/26
SBV assures no further dong/dollar exchange rate changes
The State Bank of Vietnam (SBV) will not make any further adjustment to the Vietnam Dong/US Dollar exchange rate this year, SBV Deputy Governor Nguyen Thi Hong said in a press release issued late on August 24.
14:07, 2015/08/25
BIDV expands network of Japanese customers
The Bank for Investment and Development of Vietnam (BIDV) on August 24 signed a pact with Kyoto Bank on serving its Japanese business clients operating in Vietnam.
13:19, 2015/08/23
Int’l organisations laud SBV exchange rate adjustment
International organisations lauded the exchange rate and amplitude adjustments made by the State Bank of Vietnam (SBV) as a timely and appropriate move to cushion external shocks.
10:39, 2015/08/21
SBV continues to increase average VND/USD exchange rate by 1%
The State Bank of Vietnam (SBV) has increased by 1% for the average inter-bank exchange rate between the VND and USD on August 19.
16:58, 2015/08/13
SSI plans unlimited ownership ratio for foreign investors
Saigon Securities Inc (SSI) is collecting opinions of shareholders on an unlimited ownership rate of foreign investors in the company, according to the Vietnam Securities Depository (VSD).
17:40, 2015/08/12
SBV increases VND/USD trading band to +/-2%
The State Bank of Vietnam (SBV) has increased the trading band of Vietnamese dong/US dollar (VND/USD) from +/- 1 percent to +/-2 percent, applicable from August 12.
17:38, 2015/08/12
About 71% of businesses satisfied with tax procedures reform
The Vietnam Chamber of Commerce and Industry (VCCI) and General Department of Taxation, under the Ministry of Finance, revealed a report on the satisfaction of businesses with the tax administrative procedures reform in 2014 in Hanoi on August 11.
11:57, 2015/08/12
Customs sector urged to further cut procedure time
The customs sector should build on the positive outcomes in the past two years and further reduce procedure processing time, an official told a workshop in Hanoi on August 11, adding that a one-day reduction in customs clearance time in cross-border trade could save the economy more than 1 billion USD per year.
17:57, 2015/08/10
Overseas Vietnamese granted import tax exemption on used cars
According to a new Government decree, a tax exemption on used cars imported to Vietnam has been given for Viet kieu (Overseas Vietnamese or OV), who are intellectuals, experts and skilled workers.
10:07, 2015/08/08
PM proposes Myanmar to soonly granting licences to open BIDV's branch
Prime Minister Nguyen Tan Dung suggested Myanmar to soonly consider granting licences to the Bank for Investment and Development of Vietnam to open its branch in Myanmar.
12:01, 2015/07/28
Vietnam ranked top among world's biggest rising markets
Vietnam`s VN Index topped a list of the world markets that rose the most between June 24 and July 24.
16:45, 2015/07/23
State-owned banks maintain ground in first 6 months
The Bank for Investment and Development of Vietnam (BIDV) and the Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank), two of the four state-owned banks in Vietnam, have reported positive financial results for the first half of 2015, confirming their leading positions in the market, according to a local newspaper.
10:26, 2015/07/21
Market correction likely to continue this week: analysts
Both stock markets registered corrections last week after seeing substantial gains in their earlier rallies. Analysts predict this phase could continue into the early sessions of this week.
11:20, 2015/07/20
SBV interest rate management benefits businesses
The State Bank of Vietnam (SBV) has flexibly managed the interest rate policy to suit the market and currency exchange demand and support businesses, stated SBV Deputy Governor Nguyen Thi Hong.
18:43, 2015/07/16
Customs sector presented with the Independence Order (first class)
The General Department of Vietnam Customs held a ceremony to mark 70th founding anniversary (September 10) in Hanoi on July 14.
18:41, 2015/07/16
Deposit and lending interest rates to remain stable through September
Most of credit institutions expect that deposit and lending interest rates will remain stable or decline slightly in the third quarter of 2015.
09:26, 2015/07/15
Hanoi to issue bonds before August 30
Hanoi People’s Committee has just approved a decision to issue bonds to mobilise resources for the municipal development in 2015.
10:34, 2015/07/14
About 1.1 million clients provided social policy loans in first six months of 2015
According to the Vietnam Bank for Social Policy, the total capital of preferential loans, which were provided for 1.1 million clients, reached 23.8 trillion VND in the first half of this year.