Derivatives transaction soars in August

Derivatives transaction soars in August

VCN - VN30 index futures contract product sees an increase in trading volume of 49.51%, an average of 228,360 contracts/session, and an average transaction value (in contract terms) of VND 27,815 billion/session, an increase of 57.23% from the previous mo
Tax sector has more modern tools to deal effectively with e-invoice fraud

Tax sector has more modern tools to deal effectively with e-invoice fraud

General Department of Taxation held an online conference to announce the implementation of the "E-invoice management and database analysis system".
Digital banking users soaring

Digital banking users soaring

VCN – Thanks to efforts in digitization and automation, along with activities to improve service quality, the customer size of banks continued to record strong growth in the first six months of 2022.
Questions answered on procedures for goods in e-commerce transactions

Questions answered on procedures for goods in e-commerce transactions

VCN - The General Department of Customs has answered questions on customs procedures for goods in e-commerce transactions, and provided updated information about orders, and transportation of goods of member enterprises of the European Chamber of Commerce
Securities companies "fight" to gain market share

Securities companies "fight" to gain market share

VCN - Increasing charter capital is considered a “trump card” to help securities companies increase resources and advantages in the race for market share. Accordingly, a series of capital raising plans were announced, contributing to bringing excitement t
Attract more customers through digitisation

Attract more customers through digitisation

VCN - As one of the pioneering banks in digitisation, HDBank has invested heavily in technology infrastructure and payment platforms for many years, in addition to preparing two other important factors: human resources and processes.
Banks cut transaction fees to aid customers amid pandemic

Banks cut transaction fees to aid customers amid pandemic

The State Bank of Vietnam (SBV) has directed credit institutions to reduce some transaction fees from August 1 this year to support customers amid the outbreak of the latest COVID-19 pandemic.
Seven administrative procedures at level 4 of State Treasury integrated on National Online Public Services Portal

Seven administrative procedures at level 4 of State Treasury integrated on National Online Public Services Portal

The State Treasury completed the integration of three more online public services at level 4 under the State Treasury field on the National Online Public Service
OCBC runs first transaction on Singapore Customs’ electronic Banker’s Guarantee programme

OCBC runs first transaction on Singapore Customs’ electronic Banker’s Guarantee programme

OCBC Bank became the first bank to leverage Singapore Customs’ electronic Banker’s Guarantee programme which was launched today, issuing an electronic b...
16,000 transactions through online public treasury service of per day

16,000 transactions through online public treasury service of per day

VCN- The State Treasury said as of October 31, the total number of units that have registered to use online public services according to the plan for 2019 is 21,737 units, reaching 73 percent.
State Treasury

State Treasury's online public services taking effect

VCN- In the first 8 months of the year, the State Treasury drastically implemented public services online at all units using the state budget that have transactions with the State Treasury at all levels. The State Treasury has actively upgraded and perfec
Vietnam

Vietnam's M&A market is attractive to Japanese investors

VCN- Japanese companies are increasingly interested in Vietnam, especially in the fields of production and services.
Dealing with difficulties of regulation on controlling the interest rate in Decree No 20 on related-party transactions

Dealing with difficulties of regulation on controlling the interest rate in Decree No 20 on related-party transactions

VCN - Since the establishment of Decree 20, the number of enterprises voluntarily declaring related-party transactions has increased over the years
Amending the method for customs valuation of imported goods

Amending the method for customs valuation of imported goods

VCN- One of the main amendments to Circular 39/2015/TT-BTC is the transaction value-based method of imported goods
Tightening credit criteria: Difficult for banks

Tightening credit criteria: Difficult for banks

VCN- Although lastyear was successful for the banking system, with profits of up to trillions of dong, targets for 2019 are cautious.
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