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.
11:57, 2022/07/07
UK, ADB set up US$134-million fund to help catalyze green financing in Southeast Asia
The fund will be part of the ASEAN Green Recovery Platform launched at COP26.
09:55, 2022/07/06
Vietnam targets 70% of population to have bank accounts in 2022
The banking sector is set to continue promoting the use of non-cash payment methods with greater convenience and safety for the public.
10:42, 2022/07/05
Rising petrol prices contribute US$385 million to state budget revenue
The Government is looking at measures to curb the rising trend of petrol prices on the domestic market, which is placing a huge burden on the economy.
11:48, 2022/07/01
Vietnam looks for UK support in finalizing financial regulations: NA Chairman
Vietnam and the UK would strengthen cooperation in green finance, and digitalization of the financial sector, with the UK's assistance in providing the required resources for Vietnam to realize its commitments at the COP26.
10:43, 2022/06/27
Vietnam c.bank reportedly sells over US$10 billion from FX reserves
The move is expected to help accommodate the momentum of the exchange rate and the pressure on foreign exchange reserves.
14:28, 2022/06/23
Vietnam Deputy PM expects no disruption to petrol supplies
Rising prices of strategic goods, including petrol, fertilizers, and farm produce are putting pressure on the Government’s efforts in market price management.
16:51, 2022/06/22
Standard Chartered launches new head office in Hanoi
The open-plan office is located in the grade A Capital Place building, Ba Dinh District, Hanoi.
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.