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.
15:10, 2014/02/10
Fitch upgrades long-term credit rating to positive
A decision by Fitch Ratings has resulted in a revision of its outlook on Vietnam’s long-term credit rating to positive from stable, affirming its B+ rating.
09:32, 2014/02/09
Central bank prioritises currency market stability
The State Bank of Vietnam (SBV) is committed to a flexible approach to management that maintains currency market stability and increases foreign currency reserves.
12:36, 2014/02/08
Mr. Dinh Tien Dung opened first transaction of security market session
Minister of Finance Dinh Tien Dung opened the lunar new year’s first transaction session on February 7 with a hopeful assessment of the security market’s future.
12:26, 2014/01/22
HCM City inflation remains stable in January
The consumer price index (CPI) in Ho Chi Minh City for January logged in at a 0.4% increase, its lowest level in five years, on the back of a lackluster demand in the run up to the Lunar New Year (Tet) Festival.
10:54, 2014/01/07
Banks released profit results in 2013
A number of banks have released profit results in 2013 that portray both a gloomy and bright picture of the banking industry.
14:18, 2014/01/02
Vietnam stock market records highest growth
The Vietnam stock market skyrocketed in 2013 with a growth rate of over 20%, while other countries in Southeast Asia chiefly saw a decrease or modest rise of 3-10%.
13:46, 2014/01/02
Monetary policy shortcomings
Despite lower interest rates, strongly credit growth was mostly seen in the last months of 2013, proving that capital flow has yet to take effect.
10:13, 2014/01/02
PM urges fiscal prudence in 2014
Prime Minister Nguyen Tan Dung pressed for all possible measures to be adopted to ensure effective use of next year`s State budget.
13:00, 2013/12/31
State budget needs to be under secrutiny
Prime Minister Nguyen Tan Dung has stressed the need to reduce the travel expenses of foreign business trips to ensure State budget is used properly and effectively.
15:21, 2013/12/23
BIDV opens seventh branch in Cambodia
The Bank for Investment and Development of Cambodia (BIDC), a subsidiary company from the Bank for Investment and Development of Vietnam (BIDV) inaugurated its seventh branch in Cambodia on December 22.
05:35, 2013/12/19
Strengthening financial system supervision
The international conference on strengthening financial system soundenss and supervision was jointly held by Vietnamese agencies and the World Bank in Ha Noi on Wednesday.
09:36, 2013/12/12
Regulations on foreign currency loans announced
The State Bank of Viet Nam (SBV) has recently issued a circular regulating foreign currency loans offered by credit institutions and foreign banks’ branches to residents.
09:51, 2013/12/06
AIRM and AIC run concurrently in Danang
More than 200 ASEAN country delegates are attending the 16th ASEAN Insurance Regulators’ Meeting (AIRM) and the 39th ASEAN Insurance Council (AIC) running concurrently in Danang.
11:41, 2013/12/02
Banking sector tops list of 1000 biggest tax payers
Vietnam report 2013 reveals the banking and telecoms sectors remain the greatest tax contributors in this year`s list of 1,000 largest corporate income tax payers in Vietnam (V1000), making up 23.4% and 16.7% respectively of all tax.
11:37, 2013/11/29
Refusal on huge foreign aid stirs up public concerns
The local government of Tien Giang Province has refused a VND4.2 trillion (USD200 million) grant offered by a foreign group because they said it was for infeasible proposals.
10:15, 2013/11/22
Viet Nam gives opportunities for retail banking
Retail banking sees vast potential for development in Viet Nam, according to economic experts and bank leaders at the ASEAN Banker Forum 2013.
15:21, 2013/11/21
70% of overseas remittance were poured into Vietnam
Up to nearly 70% of overseas remittance were poured into Vietnamese production and business in the first nine months of this year, instead of real estate and securities.
08:55, 2013/11/21
HCMC hosts Vietnam CFO Forum 2013
Ho Chi Minh City gave host to the Vietnam CFO Forum 2013 themed “Resilience Strategies in Hard Times” on November 20.
11:32, 2013/11/16
The Governor of SBV suggest restructuring for weak banks
The Governor of the State Bank of Vietnam, Nguyen Van Binh, has reported to the NA on the restructuring process for weak banks in Vietnam.
08:42, 2013/11/01
Debt-ridden Vinashin stops operation
The Ministry of Transport has decided to shut down the troubled Vietnam Shipbuilding Industry Group (Vinashin).