Commercial banks invest nearly 630 million USD in digital transformation: SBV

Commercial banks invest nearly 630 million USD in digital transformation: SBV

Commercial banks in Vietnam have invested a total of 15 trillion VND (629.7 million USD) in digital transformation, heard an online seminar on ensuring security and safety for e-payments in the digital era held on August 21.
Vietnam’s first commercial flight lands in Hanoi since border closure

Vietnam’s first commercial flight lands in Hanoi since border closure

Operated by national flag carrier Vietnam Airlines, a return commercial flight from Seoul, the Republic of Korea (RoK), landed at Hanoi’s Noi Bai International Airport on September 25 noon, marking a milestone in the restoration of the country’s air trans
Commercial arbitration improves dispute resolution

Commercial arbitration improves dispute resolution

Vietnam’s encouragement of commercial arbitration has been hailed by the international community. Vietnam's market economy with a socialist orientation and its strong international integration have offered numerous opportunities to boost trade.
Increasing pressure on commercial banks

Increasing pressure on commercial banks

VCN- The decision of the State Bank of Vietnam in reducing the management interest rate in VND for some sectors will have a positive impact on economic growth.
2017 - the time to dispose of weak banks

2017 - the time to dispose of weak banks

VCN- To 2020, the Government must continue to reduce the rate of bad debts and significantly dispose of weak commercial banks.
Hanoi Taxation Department destroyed a ring of illegal trade of VAT invoices

Hanoi Taxation Department destroyed a ring of illegal trade of VAT invoices

VCN- On 9th December 2016, Hanoi Police coordinated with the Hanoi Taxation Department to announce the destruction of a ring of illegal trade of VAT invoices.
The collection of taxes at 11 major Customs Departments inspected

The collection of taxes at 11 major Customs Departments inspected

VCN- In order to accomplish the assigned task of revenue of 270 trillion vnd (and the revenue target of 275 trillion vnd) for 2016, the General Department of Vietnam Customs has decided to organize the inspection teams to supervise and monitor the collect
Vietnam Customs proposes to the State Treasury and banks to work on the weekend

Vietnam Customs proposes to the State Treasury and banks to work on the weekend

VCN- The General Department of Vietnam Customs has issued a proposal to the State Treasury and commercial banks in collaboration with the General Department of Vietnam Customs to arrange working time on Saturday and Sunday to help enterprises implement pa
Strengthening the fight against smuggling and commercial fraud in Lunar New Year holiday

Strengthening the fight against smuggling and commercial fraud in Lunar New Year holiday

VCN- National Steering Committee 389, Ministries and local authorities will intensify the fight against smuggling and commercial fraud during the Lunar New Year holiday in 2017, including physical inspections and investigation in key areas of smuggling, c
Need distinction to export to ASEAN

Need distinction to export to ASEAN

VCN- A reporter of the Customs Newspaper had an interview with Mr. Le Quoc Phuong, the Deputy Director of the Center of Information on Industry and Trade (under the Ministry of Industry and Trade) about the "difficulties" which Vietnamese enterprises shou
20% ceiling on personal loans may go

20% ceiling on personal loans may go

SBV draft calls for removal of celing but introduces loan maximum of $445.
Banks warned of security loopholes

Banks warned of security loopholes

The public is being asked to become more aware about guarding their personal data to avoid potential loopholes in local bank security systems.
Administrative procedures through the National Single Window at ports expanded

Administrative procedures through the National Single Window at ports expanded

VCN- The administrative procedures related to imported and exported goods and means of transportation will be expanded to facilitate commercial activities under the direction of the Government.
Vietnam Customs responds to  problems of Korean enterprises

Vietnam Customs responds to problems of Korean enterprises

VCN- The General Department of Vietnam Customs has gathered and answered some questions from the Korean business community relating to provisions on import and sales for export processing enterprises, etc.
Enterprises will benefit from Customs reform and modernization

Enterprises will benefit from Customs reform and modernization

VCN- The active participation of enterprises in Customs reform and modernization will create long-term benefits for the business community in commercial activities. Regarding this issue, a Customs Newspaper reporter interviewed Mr. Hoang Dinh Trung, the D
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