SMEs offered loans at preferential rates of 1.2-4.4%
11/04/2024 14:26 Finance
To create additional capital mobilisation channels for small- and medium-sized enterprises (SMEs), Vietnam’s Small- and Medium-sized Enterprise Development Fund under the Ministry of Planning and Investment is offering SMEs loans at preferential interest rates of 1.2-4.4% per year.
Public investment disbursement needs to be accelerated to boost growth: insiders
09/04/2024 15:04 Finance
Public investment is currently still an important growth driver, which needs to be accelerated so as to help the economy achieve a 6.5% growth this year, according to insiders.
Banks seek to attract foreign capital
09/04/2024 10:50 Finance
VCN - During the investor conference in February 2024, organized by HDBank, a spokesperson for the bank stated that the approval of the strategy to establish a representative office in Seoul (South Korea) is integral to the bank's efforts to broaden inter
Budget revenue collection for the first quarter of 2024 achieved quite well compared to current appropriation
09/04/2024 10:49 Finance
In the first 3 months of 2024, total revenue collection is estimated to reach VND539.5 trillion, equal to 31.7% of current appropriation, an increase of 9.8% over the same period in 2023
Continue to implement and complete important customs cooperation initiatives in ASEAN
09/04/2024 10:48 Finance
VCN - Talking to the press on the sidelines of the 28th ASEAN Finance Ministers' Meeting (AFMM 28) taking place in Luang Prabang, Laos, Vietnam’s Minister of Finance Ho Duc Phoc emphasized that the meeting affirms the determination of ASEAN financial agen
28th AFMM, 11th AFMGM gain great success
09/04/2024 10:48 Finance
VCN - In the framework of ASEAN 2024 Financial Cooperation, the 28th ASEAN Finance Ministers' Meeting, the 11th ASEAN Finance Ministers' and Central Bank Governors’ Meetings and related conferences were held in Luang Prabang, Laos from April 4-5. Minister
Many positive signals from stock market upgrade
10:06 | 08/04/2024 Finance
VCN - VPBankS experts predicted that the market might be upgraded according to FTSE standards beforehand.
Promote the implementation of audit recommendations to prevent violations in public financial management
10:03 | 08/04/2024 Finance
Many audit recommendations have been "on hold" for many years, leading to a backlog of financial resolution recommendations amounting to trillions of dong.
The State Treasury ensures budget balance by effectively mobilizing Government bonds
09:59 | 08/04/2024 Finance
VCN - According the State Treasury, as of March 20, the total volume of mobilized government bonds reached VND72,774 billion, meeting about 19.2% of the plan in 2024 and 57.3% of the plan for the first quarter of the year.
Pressure on Corporate bond maturity will fall in mid-2024
20:10 | 07/04/2024 Finance
VCN - According to data compiled by Vietnam Bond Market Association (VBMA) from the Hanoi Stock Exchange (HNX) and the State Securities Commission (SSC), as of March 22, there are three Corporate bond placements with a total value of VND 3,750 billion.
Many obstacles and bottlenecks for the green credit market, green bonds in Vietnam
20:08 | 07/04/2024 Finance
At the seminar, experts pointed out the shortcomings in the development of green credit, green bonds as well as proposed some solutions to overcome them.
Lenders asked to maintain loan standards to ensure credit safety
19:43 | 07/04/2024 Finance
The central bank is calling on lenders to facilitate access to capital for businesses, while also maintaining lending standards to ensure the safety of credit amid low demand.
Over 163,000 new stock trader accounts created during March
19:37 | 07/04/2024 Finance
More than 163,000 new stock trader accounts were created during March this year, an increase of over 50,000 accounts compared to January, marking March the month with the most accounts created in the last six months, according to the Vietnam Securities Depository and Clearing Corporation (VSDC).
The SBV is ready to actively use tools to ensure exchange rate stability
10:34 | 07/04/2024 Finance
VCN - According to Standing Deputy Governor of the State Bank (SBV) Dao Minh Tu, monetary policy tools are needed to manage exchange rates, but communication elements are needed to create confidence in the market and avoid the psychology of hoarding. hold
Minister of Finance Ho Duc Phoc joins ASEAN meetings
11:46 | 06/04/2024 Finance
VCN - Minister of Finance Ho Duc Phoc attended meetings between ASEAN finance ministers and central bank governors and the EU-ASEAN Business Council (EU-ABC), the US- ASEAN Business Council (US ABC), and the APEC Business Advisory Council (ABAC) in Luang
Striving to achieve and exceed the targets and objectives for 2024
11:45 | 06/04/2024 Finance
VCN - On April 3rd, in the afternoon at Hanoi, following the regular government session that morning, the Government Office hosted the routine March 2024 Government press briefing.
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Strictly monitor market fluctuations to appropriately adjust prices
14:46 | 27/04/2024 Finance
VCN – In the second quarter and the remaining months of 2024, the price management and administrations need to effectively control inflation and remove difficulties for production and businesses, the Ministry of Finance reports.
Closely monitoring market fluctuations to consider appropriate time to adjust prices
09:30 | 26/04/2024 Finance
VCN - According to a report from the Ministry of Finance, in the second quarter and the remaining months of 2024, price management and administration need to ensure good control of inflation and continue to remove difficulties for production and business.
How does the Land Development Fund work effectively?
09:19 | 26/04/2024 Finance
Deputy Minister of Finance Bui Van Khang emphasized the necessity of the development of the Government Decree regulating the Land Development Fund.
Vietnam seeks to remove obstacles in upgrade of securities market
13:50 | 25/04/2024 Finance
The State Securities Commission of Vietnam (SSC) recently held an online working session with the World Bank (WB) and the Asia Securities Industry and Financial Markets Association (ASIFMA) to discuss ways to remove obstacles related to criteria for upgrading the Vietnamese securities market.
Price stability from supply increase and transparency in trading in gold market
09:42 | 25/04/2024 Finance
VCN - To stabilize the gold market, economic expert Prof.Dr. Tran Tho Dat, a member of the Prime Minister's Economic Advisory Group, said that it is necessary to implement solutions to make all transactions transparent in the gold market, implement electr
