HSBC highlights Vietnamese capital market’s potential
18:13 | 13/02/2025Finance-Banking
HSBC Global Research's latest report “Vietnam at a glance - Let’s talk capital” has stressed the country's potential upgrade this year to emerging market status.
Da Nang financial centre should differentiate itself from others globally: expert
09:10 | 11/02/2025Finance-Banking
It is essential to leverage Vietnam's strengths and opportunities in the region to develop a regional financial centre in the central city of Da Nang that stands out from others globally, according to Andy Khoo, from Terne Holdings of Singapore.
Vietnam to introduce new taxes on real estate to curb speculation
18:46 | 08/02/2025Finance-Banking
Vietnam is considering new taxes on real estate to address rising prices and mitigate speculation, after prior initiatives were postponed amid public backlash.
Banks stimulate credit from the beginning of 2025
09:00 | 06/02/2025Finance-Banking
Commercial banks have stimulated credit demand right from the start of the year to support economic growth.
NA Chairman outlines State Audit Office's key tasks for 2025
09:49 | 04/02/2025Finance-Banking
Man underscored the crucial role played by the SAV in the country's remarkable 2024 achievements, spanning socio-economic development, national defence - security, and political system building.
Securing banking transactions in the digital environment
17:03 | 03/02/2025Finance-Banking
Digital transformation is bringing substantial benefits to the banking sector, including the growth cashless payments. However, alongside these advantages, banking operations are facing numerous risks and challenges as cyber-attacks, data breaches, and fraudulent account theft become increasingly sophisticated.
Banks selling mortgaged assets to recover bad debts
13:04 | 01/02/2025Finance-Banking
Many banks are rushing to sell mortgaged assets to recover bad debts, as these types of debts are forecast to increase slightly this year.
Vietnam’s stock market eyes billion-dollar inflows from international upgrade
21:01 | 30/01/2025Stock Market
With a potential market upgrade in September 2025, BIDV Securities Company (BSC) forecasts Vietnam’s stock market could draw up to US$1.5 billion in capital inflows.
Banks' credit up 11.3% in HCM City in 2024
11:17 | 27/01/2025Finance-Banking
Total outstanding loans of credit institutions in Ho Chi Minh City as of the end of last year were worth over 3.9 quadrillion VND (153.3 billion USD), a 11.3% increase for the year, according to the central bank.
Remittances to HCM City surge ahead of Tet
08:39 | 25/01/2025Finance-Banking
Ho Chi Minh City received nearly 493 million USD in remittances in the first 20 days of this year, according to Nguyen Duc Lenh, Deputy Director of the State Bank of Vietnam's HCM City branch.
PM calls on partners to share experiences in int’l financial centre development
09:45 | 22/01/2025Finance-Banking
Prime Minister Pham Minh Chinh on January 21 attended a roundtable on developing the Centre for the Fourth Industrial Revolution (C4IR) and an international financial centre in Ho Chi Minh City, during which he expressed his hope to learn from foreign friends’ experiences in this work.
VND500 trillion of government bonds to be issued in 2025
19:13 | 18/01/2025Finance-Banking
(VEN) - In 2025, the Ministry of Finance assigns the State Treasury to mobilize capital through the first issuance of government bonds of VND500 trillion.
Vietnam's int'l financial centre development draws Argentine media's acclaim
17:45 | 14/01/2025Finance-Banking
Argentine media has lauded Vietnam’s landmark decision to establish an international financial centre in Ho Chi Minh City – the nation’s economic and commercial powerhouse, marking a pivotal shift in the Government’s economic development strategy.
Vietnam, Laos launch cross-border QR code payment connectivity
19:52 | 11/01/2025Finance-Banking
The central banks of Vietnam and Laos have recently launched a bilateral retail payment service using QR codes, enabling seamless cross-border transactions between the two countries.
Vietnam's credit growth surpasses target, reaching 15.08% in 2024
19:10 | 09/01/2025Finance-Banking
Credit growth across the banking sector reached 15.08% as of the end of 2024, exceeding the year’s target of 15%, according to Standing Deputy Governor of the State Bank of Vietnam (SBV) Dao Minh Tu.
Vietnamese dong forecast to depreciate by 3% against US dollar in 2025
09:29 | 08/01/2025Finance-Banking
A strong US dollar will still be a major factor influencing the USD/VND exchange rate in 2025, causing the Vietnamese dong to depreciate by about three% against the dollar, experts forecast.
Bond funds shine in 2024
17:28 | 04/01/2025Finance-Banking
Amid the stagnant stock market environment, bond funds have emerged as an attractive option for investors, especially when profits they have brought significantly surpasses that of bank savings.
Financial sector asked to promote creativity in performing tasks for 2025
19:12 | 01/01/2025Finance-Banking
Prime Minister Pham Minh Chinh chaired a conference in Hanoi on December 31 to review budgetary-financial affairs in 2024 during which he requested the financial sector to change mindset and promote creativity to complete all finance-budget-related tasks in 2025.
Forecast upbeat for banking industry in 2025
17:29 | 29/12/2024Finance-Banking
Commercial banks' pre-tax profits in 2025 are forecast to grow by 14.9% year-on-year, while bad debt has peaked and is expected to decrease next year.
Banking sector: Capital flows with no congestion
15:35 | 25/12/2024Finance-Banking
(VEN) - So far, despite the difficulties in capital sources, the Vietnamese banking sector continued to maintain stability. Capital injection into the economy has been more favorable, with no congestion like in previous years. That is a great achievement of the sector in 2024.
Cashless payment requires biometric data updating from January 1, 2025
10:30 | 24/12/2024Finance-Banking
From January 1, 2025, customers will not be able to perform any digital transactions on mobile if they have not completed the biometric information update.
Year-end surge in property bond issuance amid financial challenges
09:39 | 20/12/2024Finance-Banking
As 2024 draws to a close, Vietnam's real estate industry is witnessing a notable surge in corporate bond issuances.
Vietcombank named most valuable brand in Vietnam
16:43 | 18/12/2024Finance-Banking
The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) has become the most valuable brand in Vietnam in 2024, according to a recently released report of Forbes Vietnam.
Many banks increase deposit interest rates in year-end period
16:56 | 16/12/2024Finance-Banking
In the year-end period, savings interest rates have become a focal point, with many banks adjusting their offerings, showing clear divergence.
Deputy PM urges extra efforts to remove Vietnam from money laundering grey list
15:16 | 13/12/2024Finance-Banking
Deputy Prime Minister Ho Duc Phoc on December 12 urged ministries and sectors to do their utmost to implement the Financial Action Task Force (FATF)’s 17 recommendations to lift Vietnam out of its list of Jurisdictions under Increased Monitoring (grey list) related to money laundering.
Realty stocks see signs of recovery
15:07 | 10/12/2024Finance-Banking
The Vietnamese real estate market is signalling the end of a prolonged downturn, with notable signs of recovery in profitability. However the pace of revival remains measured, due to sluggish sales and limited improvements in consumer incomes.
Finance ministry to use AI in stock market surveillance
09:18 | 08/12/2024Finance-Banking
The Ministry of Finance announced on Friday that it is researching using artificial intelligence (AI) tools to monitor transactions in the stock market.
Year-end profits put heavy pressure on banks
15:12 | 06/12/2024Finance-Banking
(VEN) - As of the third quarter of 2024, only 11 out of 27 commercial banks have completed 75 percent or more of their pre-tax profit plans. Therefore, the year-end profit target is a huge pressure weighing heavily on their shoulders.
Party chief receives leader of Japan Bank for International Cooperation
08:51 | 05/12/2024Finance-Banking
Party General Secretary To Lam hosted a reception in Hanoi on December 4 for Chairman of the Board of Directors of the Japan Bank for International Cooperation (JBIC) Maeda Tadashi.
Central bank increases credit growth limit for banks for second time this year
18:43 | 30/11/2024Finance-Banking
The State Bank of Vietnam (SBV) on November 28 announced it would increase credit growth target for credit institutions, for the second time this year.
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Vietnam’s agriculture, forestry and fisheries exports approach USD 70 billion
19:05 | 23/03/2025 11:45 | 30/12/2025Trade
Vietnam’s agriculture, forestry and fisheries exports are nearing USD 70 billion in 2025, with coffee, wood, seafood and fruit all hitting record highs.
Trade promotion as springboard for national brand building and growth
19:05 | 23/03/2025 17:52 | 29/12/2025Trade
Trade promotion results in 2025 have created a strong foundation for growth while reinforcing Vietnam’s national brand, Deputy Minister Nguyen Sinh Nhat Tan said.
Mekong Delta: Southern gateway driving growth with 7 key task groups
19:05 | 23/03/2025 17:45 | 29/12/2025News and Events
On December 29, Prime Minister Pham Minh Chinh chaired a conference on ensuring security and social order to support socio-economic development in the Mekong Delta.
Miss Cosmo 2025 pays visit to Newspaper of Industry and Trade
19:05 | 23/03/2025 15:34 | 28/12/2025News and Events
Miss Cosmo 2025 Yolina Lindquist and First Runner-up Chelsea Fernandez visited the headquarters of the Newspaper of Industry and Trade in Hanoi.
Prime Minister appoints Le Ngoc Son as Petrovietnam Chairman
19:05 | 23/03/2025 09:38 | 28/12/2025News and Events
Prime Minister Pham Minh Chinh has officially appointed Le Ngoc Son as the Chairman of the Member Council of the Vietnam National Industry - Energy Group.
