17:47 | 01/03/2025Finance-Banking
The Ministry of Finance (MoF) and the State Securities Commission (SSC) will create favourable conditions for the stock market to develop more breakthrough and innovative products, enhancing the quality of market offerings and attracting more investors, according to Deputy Minister of Finance Nguyen Duc Chi.
08:50 | 27/02/2025Finance-Banking
Deputy Prime Minister Nguyen Hoa Binh has called on the UK to support Vietnam in training personnel for its planned regional and international financial centres in Ho Chi Minh City and Da Nang.
10:51 | 25/02/2025Finance-Banking
(VEN) - Prime Minister Pham Minh Chinh has instructed the banking sector to take strong action in accelerating progress and breakthroughs to ensure the growth objectives for 2025.
14:47 | 24/02/2025Finance-Banking
(VEN) - The Vietnamese stock market in 2025 is forecast to have a brighter outlook, thanks to the expectations to make breakthroughs from Vietnam’s internal factors.
16:25 | 22/02/2025Finance-Banking
The Ministry of Finance has proposed maintaining the current regulations on personal income tax (PIT) exemption for savings interest.
08:52 | 19/02/2025Finance-Banking
The Vietnamese securities sector is gearing up for a potentially transformative year in 2025, with growth opportunities emerging from the bond segment and margin lending activities.
09:07 | 17/02/2025Finance-Banking
The settlement of bad debts must be developed into a draft law and submitted to the National Assembly (NA) in May for consideration and approval, according to a direction from Prime Minister Pham Minh Chinh.
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.
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.
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.
09:00 | 06/02/2025Finance-Banking
Commercial banks have stimulated credit demand right from the start of the year to support economic growth.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
