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.
11:26, 2015/04/23
Banks see improved business climate in 2015
Business performance at banks is expected to improve significantly during the second quarter, against the same period last year, a State Bank of Vietnam (SBV) survey said.
14:13, 2015/04/22
VIB named Best Banking Deal Vietnam 2015
Vietnam International Bank (VIB) has been honoured by Global Banking and Finance Review as the “Best Banking Deal Vietnam 2015” and “Fastest Growing Retail Bank in Vietnam 2015”.
18:07, 2015/04/18
PM urges end to red tape in customs procedures
The Prime Minister has urged the customs sector to simplify its administrative procedures to ensure a favorable business climate in line with international practice.
21:49, 2015/04/14
VAMC to adjust NPL interest rate
The Vietnam Asset Management Company (VAMC) intends to cut the applicable interest rate for purchased non-performing loans (NPLs) in US dollars from 4.5 percent per annum to 4.3 percent.
11:26, 2015/04/14
PM demands greater effort in SOE equitisation process
Prime Minister Nguyen Tan Dung has requested authorised agencies to employ far-reaching measures to ensure that the equitisation of 289 State-owned enterprises (SOEs) is completed within 2015.
17:19, 2015/04/12
Deposit growth rate slows as credit continues to rise
The deposit growth rate is currently slower than that of credit growth; however, savings in banks are still considered a good choice due to low inflation.
19:34, 2015/04/03
Banking credit up in first quarter
Banking credit grew by 1.5 percent in the first quarter, the State Bank of Vietnam has reported. Analysts said the market was rather surprised at this high growth since banks had always seen negative credit growth in the first quarter since 2011.
14:36, 2015/04/02
SBV's forex policy must adjust to account for all industries' needs
The State Bank of Viet Nam (SBV)`s foreign exchange policy will be based on macroeconomic management and harmonised with the benefits of all industries and sectors, and not exports alone.
11:30, 2015/04/01
Tax payment time must be cut to 171 hours in 2015: PM
Prime Minister Nguyen Tan Dung requested the General Department of Taxation slash the tax payment time to 171 hours in 2015 at any cost while chairing a meeting in Hanoi on March 31.
18:08, 2015/03/26
The State Bank says to maintain the foreign exchange rate
At a meeting on March 25, Deputy Governor of the State Bank Nguyen Thi Hong confirmed that the State Bank will not adjust the Vietnamese dong-US dollar exchange rate despite an increase in the price of USD on the world market.
18:08, 2015/03/26
PM demands speedier customs clearance
Prime Minister Nguyen Tan Dung spoke of the need to push reform during a working session with the General Department of Customs and relevant agencies in Hanoi on March 25.
17:40, 2015/03/23
Vietnam welcomes US investors with open arms: State bank
The State Bank of Vietnam (SBV) is willing to create a more transparent and attractive business environment in order to persuade US enterprises to operate in Vietnam, SBV Vice Governor Nguyen Thi Hong has said.
20:50, 2015/03/20
HNX to help VNPT in divestment drive
The Hanoi Stock Exchange (HNX) will support the Vietnam Posts and Telecommunications Group (VNPT) in formulating a scheme for selling stakes as regulated under its restructuring plan.
15:37, 2015/03/06
Project to train commercial bank directors approved
The Prime Minister has given his approval for a project to train directors of commercial bank branches from 2015 to 2017, funded by Official Development Assistance (ODA) from the Swiss government.
15:27, 2015/01/15
WB keeps Vietnam’s GDP growth at 5.6% in 2015
The World Bank (WB) has forecast that Vietnam’s economy will grow 5.6% in 2015, the same level as last year.
14:41, 2015/01/10
HSBC, ANZ positive about adjusted VND/USD reference rate
HSBC and ANZ gave positive reviews on the State Bank of Vietnam (SBV)’s decision to raise the VND/USD daily reference rate by 1%.
17:41, 2015/01/08
Dollar outstands the Vietnam Dong
The State Bank of Viet Nam weakened the Vietnamese dong by 1 per cent, raising the US$-VND daily reference rate from VND21,246 to VND21,458.
09:55, 2014/12/31
Foreign banks take a lot of advantages in Vietnam's market
Despite many barriers, foreign banks have been prospering in Vietnam, dominating many service market segments.
17:21, 2014/12/22
BIDV cooperates with Japanese bank
The Bank for Investment and Development of Vietnam (BIDV) has signed a Memorandum of Understanding with Japan’s Hiroshima Shinkin bank to support Japanese businesses operating in Vietnam.
22:33, 2014/12/10
Credit Suisse named Best Foreign Investment Bank in Vietnam
Credit Suisse has been named Best Foreign Investment Bank in Vietnam in The Asset magazine’s Triple A Country Awards for 2014.