Finance

Banks race to implement digital transformation ecosystem

19/09/2022 15:17 Finance

The local banking sector, currently undergoing drastic restructuring, will have more opportunities to improve its financial capacity as well as learn modern business models and management from UK partners after the UK-Vietnam Free Trade Agreement (UKEVFTA) takes effect, according to banking insiders.

Lending interest rates are under increasing pressure

19/09/2022 15:02 Finance

Banks have continued to increase the highest deposit interest rate up to 1%/year.

Minister Ho Duc Phoc: strengthening tax and customs reform

19/09/2022 14:59 Finance

VCN - At the Prime Minister's conference with businesses and foreign-invested business associations on the morning of September 17, Minister of Finance Ho Duc Phoc said that customs-related procedures have been implemented by modern customs management met

Building a trust mechanism and risk treatment tool for the corporate bond market

19/09/2022 14:59 Finance

In the money market, the "suffocating" context of the credit growth room, rising interest rates and even stressful times in banking system liquidity are leading to improving corporate bond issuance.

Stock market steps into the recovery phase

18/09/2022 07:45 Finance

After a period of strong volatility, the stock market has officially entered the recovery phase along with positive information from domestic and foreign macroeconomics

Domestic tax collection achieves impressive results

17/09/2022 09:29 Finance

VCN - The economic recovery and good growth have helped increase state budget revenue in the first eight months of the year.

Balance of Petroleum Price Stabilization Fund remains about VND310.8 billion by the end of QII

14:24 | 16/09/2022 Finance

VCN – At the end of the second quarter, the Petroleum Price Stabilization Fund balance remains about VND310.8 billion, the Ministry of Finance has said.

E-commerce tax collection: Great potential - Huge challenges

14:23 | 16/09/2022 Finance

The explosion of e-commerce activities has posed new challenges for tax authorities in managing and combating revenue loss when there are still many barriers to this work.

Long-term bond yields decline in emerging East Asia

17:06 | 15/09/2022 Finance

Việt Nam’s local currency bond market grew 8.1 per cent from the previous quarter to US$99.5 billion. The faster expansion was driven by both the government and corporate bond segments.

The strength of the economy and fiscal policy help Vietnam to rise in credit rating

09:53 | 15/09/2022 Finance

Moody's Investors Service upgraded the Government of Vietnam's long-term issuer and senior unsecured rating from Ba3 to Ba2 and changed the outlook from stable to positive

Clarifying shortcomings in the implementation of credit guarantees for SMEs

16:08 | 14/09/2022 Finance

VCN – A workshop to review the establishment, management and operation of the Credit Guarantee Fund for small and medium-sized enterprises (SMEs) under Decree 34/2018/ND-CP was jointly held by the Department of Banking and Financial Institutions (Ministry

Rapidly "inject capital" to support businesses

10:41 | 14/09/2022 Finance

To effectively deploy the 2%/year interest rate support package to support businesses, the extension of the credit growth limit is necessary and should be done soon

Banks have adjusted credit growth targets

10:16 | 13/09/2022 Finance

VCN - According to the World Bank (WB), Vietnam's credit-to-GDP ratio is among the highest in the world (by the end of 2021, this rate has reached 124%) which is a warning level for Vietnam about the risks of real estate investment and potential macro sta

Dr. Nguyen Tri Hieu: Need a "carrot" for the bank when implementing the 2% interest rate support package

10:15 | 13/09/2022 Finance

Dr. Nguyen Tri Hieu, a banking and finance expert shared with Customs Magazine about meeting the capital needs of businesses in the context that the economy is facing inflation.

Domestic cement consumption expected to rise as exports fall

15:50 | 12/09/2022 Finance

The cement production industry expects to promote domestic consumption because cement export is difficult.

Financial policies and legislations must take people and enterprises as the center

10:17 | 12/09/2022 Finance

The formulation of financial legislation plays an important role in promoting socio-economic development and supporting people and businesses

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

17:41 | 18/04/2024 Finance

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

10:24 | 18/04/2024 Finance

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

16:25 | 17/04/2024 Finance

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

16:13 | 17/04/2024 Finance

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