Việt Nam"s second largest green bond issuer in 2021

Việt Nam"s second largest green bond issuer in 2021

The country alone issued total $1.5 billion of GSS in 2021, nearly 5 times higher than the value of $0.3 billion in 2020, maintaining stable growth for three consecutive years.
Fiscal and monetary policies should be coordinated to promote the recovery of financial market

Fiscal and monetary policies should be coordinated to promote the recovery of financial market

On June 16, the scientific conference "Reshaping the financial market for economic recovery and development" was held by the National Institute for Finance.
What pressure is being put on the "shoulders" of banks?

What pressure is being put on the "shoulders" of banks?

According to Dr. Nguyen Quoc Hung, General Secretary of the Vietnam Bankers Association (VNBA), 70% of collateral for loans at banks is real estate, if this market "freezes", banks will be greatly affected.
12 agencies and 16 localities have not yet allocated public investment plans for 2022

12 agencies and 16 localities have not yet allocated public investment plans for 2022

VCN - As of May 31, the total capital of ministries, central agencies and localities allocated to projects that are eligible for disbursement in 2022 meets 92. 9% of the capital plan allocated by the Prime Minister.
Việt Nam stock market bounces back, more gains predicted: VinaCapital

Việt Nam stock market bounces back, more gains predicted: VinaCapital

Việt Nam’s stock market is still cheap at 11.5 times forward P/E and expectations ofnbsp;EPSnbsp;growth of over 20 per cent this year compared to an average P/E of 16.2 for its emerging market ASEAN peers.
Continue to implement "pre-inspection, post audit" in real estate transfer tax management

Continue to implement "pre-inspection, post audit" in real estate transfer tax management

The Director General of Taxation has made a public announcement to continue improving the efficiency of handling tax declaration dossiers from real estate transfers.
Credit growth of banking system expands by over 17 per cent

Credit growth of banking system expands by over 17 per cent

Credit of the Vietnamese banking system as of June 9 surged by 17.09 per cent against the same period last year.
Ministry of Finance submits to the Government to amend regulations on invoices and documents

Ministry of Finance submits to the Government to amend regulations on invoices and documents

VCN - On the basis of the Government's decrees, the Ministry of Finance has issued guiding documents and directed the tax authorities to implement them uniformly.
Ministry of Finance proposes reduction of green tax on petroleum

Ministry of Finance proposes reduction of green tax on petroleum

VCN - The Ministry of Finance has consulted ministries and agencies to report to the Government and the National Assembly Standing Committee on the reduction of green tax on petrol and oil to the floor level, said the Deputy Minister of Finance Ta Anh Tua
Continuing to selectively attract foreign capital

Continuing to selectively attract foreign capital

Competition to attract foreign direct investment (FDI) is becoming more and more fierce, especially in the context of limited capital supply and the heavy impact of the Covid-19 pandemic
Promoting cooperation between the Ministry of Finance of Vietnam and IFAD

Promoting cooperation between the Ministry of Finance of Vietnam and IFAD

Deputy Minister of Finance Ta Anh Tuan had a meeting with the delegation of the International Fund for Agricultural Development (IFAD).
New points in regulation on derivatives clearing and settlement

New points in regulation on derivatives clearing and settlement

VCN - The Vietnam Securities Depository (VSD) has just issued a new regulation on the clearing and settlement of derivatives transactions at the VSD. Notable changes in this regulation are expected to reduce problems arising in the stock market, making th
Loosening credit room: caution necessary

Loosening credit room: caution necessary

VCN - According to data from the State Bank of Vietnam (SBV), as of May 27, credit is estimated to increase by 7.75%, about two times higher than the same period in 2021.
Thousands of billions of dong collected from e-commerce businesses

Thousands of billions of dong collected from e-commerce businesses

VCN - As of May 23, the tax authorities collected VND735 billion from handling violations and anti-revenue loss, of which VND176 billion was from the first four months.
Banks continue savings interest rates “race”

Banks continue savings interest rates “race”

VCN - The interest rate level for savings accounts continued to increase in the early days of June 2022, and the interest rate "race" now has the participation of the "big" banks.
Pressure from inflation control

Pressure from inflation control

The administration and economic development of the country are being saddled with inflationary pressure. The "pocket" of the people is no exception.
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Forum discusses support for women-owned firms ​to join supply chains

Forum discusses support for women-owned firms ​to join supply chains

A forum on supporting women-owned businesses to join supply chains through sustainable development tools took place in Hanoi on April 17.
Ensure savings and prevent losses in disbursement of public investment

Ensure savings and prevent losses in disbursement of public investment

VCN - According to the Ministry of Finance's report, as of the end of March, the total unallocated investment is VND25,654.7 billion, accounting for 3.9% of the target assigned by the Prime Minister.
Implementing unprecedented fiscal policies to actively support people and businesses

Implementing unprecedented fiscal policies to actively support people and businesses

VCN - Implementing fiscal policies to support the economy, the Ministry of Finance has advised and offered many unprecedented solutions to reduce taxes, fees and charges, thereby supporting people and businesses to overcome difficulties, restore productio
Foreign investors net sell in Vietnamese market, banking sector attracts interest

Foreign investors net sell in Vietnamese market, banking sector attracts interest

According to BSC, foreign investors sold a net total of VNĐ11.55 trillion across all three exchanges in the first three months of 2024, equivalent to 50.62 per cent of the total net selling value in 2023. The selling pressure came from active funds and ETFs, resulting in a continued net withdrawal state and exerting pressure on the market.
Banks record positive business indicators in Q1 2024

Banks record positive business indicators in Q1 2024

According to experts, the prosperity of the banking industry in the period came from many supporting factors, including favourable policies to credit growth.
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