Foreign experts discuss ways to help Vietnam upgrade stock market
13/04/2024 15:37 Finance
Chairwoman of the State Securities Commission (SSC) Vu Thi Chan Phuong has held a working session with representatives from FTSE Russell and Morgan Stanley to discuss how to upgrade the Vietnamese stock market.
Ambitious profit goals of banks
13/04/2024 10:32 Finance
VCN - Setting the target of a sharp increase in profit is VPBank. According to the draft 2024submitted to the General Meeting of Shareholders, VPBank targets consolidated pre-tax profit in 2024 to increase by 114% compared to 2023, equivalent to VND 23,16
PM demands strengthened gold market management
12/04/2024 13:55 Finance
Prime Minister Pham Minh Chinh has asked the State Bank of Vietnam (SBV) to keep a close watch on international and domestic gold prices, and put in place measures and tools in a timely and effective way to regulate the gold market in line with regulations.
Budget expenditures reached VND393.5 trillion, growing 8.3% over the same period in the first quarter
12/04/2024 09:55 Finance
The Ministry of Finance said that the total balance of budget expenditure in March was estimated at VND140.3 trillion
Inflationary pressure stems from commodity price fluctuations
12/04/2024 09:54 Finance
VCN - According to the Ministry of Finance, prices of essential goods are relatively stable in March 2024 because the supply is still quite abundant while demand is not high.
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
15:04 | 09/04/2024 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
10:50 | 09/04/2024 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
10:49 | 09/04/2024 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
10:48 | 09/04/2024 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
10:48 | 09/04/2024 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.
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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
