3,400 taels of gold purchased at the first-in-11-year auction
Gold trading firm SJC and lender ACB are the two successful bidders at the auction held today.
21:53, 2024/05/04
PM urges Central bank to ensure positive growth in 2024
Local lenders are encouraged to provide incentives and attract individuals to take out consumer loans.
17:07, 2024/05/03
Vietnamese Gov't to continue VAT cut for second half of 2024
If the VAT reduction policy is continued for the last six months of the year, the total revenue loss for 2024 is projected to be approximately VND47.5 trillion (US$1.87 billion).
16:19, 2024/04/22
HoSE to launch KRX-developed transaction system in early May
Brokerage firms are expected to prepare data for the transition to the new system.
14:35, 2022/06/21
Central Bank ready to meet market demand for foreign currencies
Such a move would help ensure that banks and credit institutions have the means to meet the demand for foreign exchange from individuals and organizations.
14:55, 2022/06/20
C.bank expects Vietnam's inflation to stay below 4% in 2022
Against the backdrop of rising USD value, the Vietnamese Dong has depreciated by a mild margin of 2% compared to Thai’s Bath (down 7%), Japanese Yen (14.6%), and Taiwanese dollar (5%).
14:51, 2022/06/20
Vietnam’s green, social and sustainability debts total US$1.5 billion in 2021
Vietnam has incurred green, social, and sustainability (GSS) debts of US$1.5 billion in 2021, almost five times the $0.3 billion in the previous year, and maintaining steady growth for the third consecutive year.
14:04, 2022/06/20
Finance ministry proposes drastic cut in environmental protection tax on fuel
The cut would lead to an estimated decline of VND1.4 trillion (US$60.3 million) in state budget revenues per month.
12:39, 2022/06/17
Vietnam parliament calls for removing credit quota policy
Such a move would help ensure transparency and openness in banking operations while staying in line with Basel II standards and other international practices.
14:32, 2022/06/15
Vietnam's economic recovery fuels high credit growth: C.bank
The banking sector stands ready to provide sufficient capital for economic development.
09:34, 2022/06/15
HSBC revises down Vietnam's inflation forecast to 3.5% in 2022
Compared to other ASEAN countries, inflation pressure in Vietnam is still relatively contained.
12:04, 2022/06/14
Finance ministry considers removing petrol price stabilization fund
The Government needs a financial tool to control the prices of strategic commodities, including petroleum products, to avoid a sudden rise in prices and impact on people’s lives.
19:20, 2022/06/13
Vietnam committed to ensuring harmonious and balanced trade relations with US
The Vietnamese Government continues to exercise monetary policies to contain inflation, stabilize macro-economic conditions, and support economic recovery.
16:37, 2022/06/12
Vietnam allocates over US$15 billion for Covid-19 fight in 2020-2021
Since 2020, Vietnam has faced four outbreaks of Covid-19, for which the government has mobilized resources to help businesses and people overcome the impacts of the pandemic.
18:58, 2022/06/10
Vietnam's budget transparency score moves up 9 ranks in 2021
There have been improvements in Vietnam’s budget transparency compared to previous years.
17:31, 2022/06/09
Vietnam c.bank committed to lowering interest rates to aid businesses
The Government’s efforts have resulted in a modest rise of 0.09% in the average interest rates against early 2021.
09:53, 2022/06/09
Gov’t promotes M&A in banking sector for higher competitiveness
The main objective of the project is to ensure all banks adopting the Basel II standards have a capital adequacy ratio (CAR) of at least 10-11% by 2023, and eventually to 11-12% by 2025.
19:20, 2022/06/08
Keeping inflation under control provides platform for growth: Finance minister
This is the golden time for Vietnam to make breakthroughs in development as countries around the world are facing high risks of inflation.
11:51, 2022/06/07
Investors' sentiment weigh on stock market performance: Finance minister
False rumors, concern over the capital flow, and high inflationary pressure have led to the recent market downtrend.
16:10, 2022/06/06
Vietnam’s stock market upgrade to bring in billions of dollars: Experts
High market liquidity, information transparency, and expanding foreign ownership limits are expected to further attract foreign investors.
11:34, 2022/06/06
Vietnam commits to maintaining open economic policy: PM
An open policy would keep the country's economic stability amid growing global uncertainties.
15:23, 2022/06/02
Vietnam start using e-invoices on July 1 nationwide
The taxation authority estimated that once the whole population turns to e-invoices, the total number would be 6.5-7 billion invoices per year or 400-500 million per month.
16:05, 2022/05/31
SSC urged to finalize KRX-developed trading system
The new system will allow the introduction of new products and services to the local stock market.
12:52, 2022/05/30
Vietnamese Gov’t extends tax payment deadline for fourth time
The Ministry of Finance estimated the total amount of tax relief totals around VND122-125 trillion ($5.26-.54 billion) in 2022.