Opportunity for a high open economy like Vietnam Cooperation with Vietnam among EU’s priorities in Indo-Pacific: official Vietnam earns 1.43 billion USD from rice exports in Q1
Central bank sets rules on transfer of money abroad for sponsorship, assistance purposes

Central bank sets rules on transfer of money abroad for sponsorship, assistance purposes

31/01/2023 15:59 Finance

The State Bank of Vietnam has issued new regulations on cases of purchasing, sending, and bringing foreign currencies abroad for sponsorship and assistance purposes of organisations.
State-owned banks under capital increase pressure

State-owned banks under capital increase pressure

30/01/2023 16:20 Finance

Vietnam’s four biggest State-owned banks have an urgent need for capital increase in 2023 as their charter capital is too low, with some unable to ensure the regulated minimum capital adequacy ratio (CAR), according to industry insiders.
Foreign investors remain optimistic about Vietnamese stock market

Foreign investors remain optimistic about Vietnamese stock market

30/01/2023 16:17 Finance

From being net sellers in the first nine months of 2022, foreign investors have become the driving force supporting the Vietnamese stock market in the last few months, and the inflows are expected to continue this year.
Banks are concerned that credit risk will increase slightly in 2023

Banks are concerned that credit risk will increase slightly in 2023

30/01/2023 13:27 Finance

VCN - Credit balance of the whole credit institution system is expected to increase by 4% on average in the first quarter of 2023 and by 13.7% in 2023, adjusted down by 1.9 percentage points compared to the expectation in the previous survey period.
Foreign suppliers pay 1.8 trillion VND in taxes

Foreign suppliers pay 1.8 trillion VND in taxes

29/01/2023 18:32 Finance

Foreign suppliers have paid taxes worth 1.8 trillion VND (76.7 million USD) via the official portal serving their operations in Vietnam.
Positive prospects for Vietnam’s stock market this year

Positive prospects for Vietnam’s stock market this year

27/01/2023 14:41 Finance

The market's uptrend will continue to be consolidated in the first trading session of the Year of Cat.
Three options for Petroleum Price Stabilization Fund

Three options for Petroleum Price Stabilization Fund

10:31 | 27/01/2023 Finance

VCN - According to the Ministry of Industry and Trade, the Petroleum Price Stabilization Fund is the only flexible tool for the State to control petrol prices in each price management period. Therefore, Price Stabilization Fund elimination also means quitting the petrol price management.
Picture of inflation control in 2023

Picture of inflation control in 2023

09:53 | 25/01/2023 Finance

VCN - In the coming time, many factors will affect inflation control. The results of inflation control in 2022 will be the premise for Vietnam to achieve the goals set by the National Assembly for 2023.
The necessity of compulsory civil liability insurance for car and motorbike owners

The necessity of compulsory civil liability insurance for car and motorbike owners

09:51 | 25/01/2023 Finance

Director of Insurance Supervisory Authority Ngo Viet Trung said that it was necessary to continue maintaining the regulations on compulsory civil liability insurance for car and motorbike owners.
Manage and develop the corporate bond market following international practices

Manage and develop the corporate bond market following international practices

14:20 | 24/01/2023 Finance

VCN - Economic expert Dr Nguyen Tri Hieu (photo) shared the legal framework for the private sale of corporate bonds with Customs News.
Tax sector ready to perform revenue collection in 2023

Tax sector ready to perform revenue collection in 2023

14:08 | 24/01/2023 Finance

Due to a lot of pressure on state revenue collection in 2023, the tax sector has proactively set out key tasks for implementation at the beginning of the year.
Banking sector suffers from difficulties

Banking sector suffers from difficulties

06:42 | 23/01/2023 Finance

VCN - Experts from VNDirect Securities Company said that the tensions in the corporate bond and real estate markets would negatively affect the quality and liquidity of banks.
Operating fiscal policy flexibly, creating momentum for recovery, promoting economic growth, Minister of Finance Ho Duc Phoc

Operating fiscal policy flexibly, creating momentum for recovery, promoting economic growth, Minister of Finance Ho Duc Phoc

10:33 | 22/01/2023 Finance

VCN - In 2022, the Finance sector has made unremitting efforts, successfully and comprehensively completing the state budget-financial tasks. On the occasion of the new year, Mr. Ho Duc Phoc, Member of the Party Central Committee, Minister of Finance, sha
The picture of inflation control in 2023

The picture of inflation control in 2023

09:10 | 22/01/2023 Finance

VCN - This is the National Assembly's high determination; however, the implementation of the CPI target of 2023 won't be easy.
Efforts to bring the corporate bond market to the "rails"

Efforts to bring the corporate bond market to the "rails"

09:00 | 22/01/2023 Finance

VCN - After strong development, from the first quarter of 2022, the corporate bond market has tended to decrease. Decree No. 65/ND-CP is expected to help the corporate bond market have a legal basis for developing healthier and more sustainable products.
Fall in interest rates and inflation expected to help stock market restore strongly

Fall in interest rates and inflation expected to help stock market restore strongly

14:22 | 21/01/2023 Finance

VCN - VN-Index closed the year at 1,007 points. In 2023, to assess the market outlook, we should identify advantages and disadvantages.
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Old loans must endure higher interest rates temporarily: central bank

Old loans must endure higher interest rates temporarily: central bank

15:44 | 19/04/2024 Finance

The average lending interest rate for new loans by commercial banks is reported at around 6.4% per year, a decrease of 0.7 percentage point per year compared to the end of last year. However, borrowers with loans issued before the latest rate adjustment still must pay higher rates, according to the State Bank of Vietnam (SBV).
State-owned enterprises flourished

State-owned enterprises flourished

14:15 | 19/04/2024 Finance

VCN - The production and business situation in the first quarter of 2024 of the state-owned enterprise sector continues to have many bright spots with many financial targets completed or exceeding the set plan. This is the premise for positive business re
Forum discusses support for women-owned firms ​to join supply chains

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

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

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
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