Starting November 2, foreign investors will no longer be required to pre-fund 100% of their transactions, promising the removal of a major roadblock for Vietnam's market upgrade process.
Tension in Europe is the most concerning issue for investors at the moment, and the aggravation of the situation could impact the local stock market in the short term.
Over 13,200 household businesses have paid taxes online after nearly two months of the implementation.
The market ended last Friday at 1,505, three points higher than the previous week.
The country has a lot of potential for growth and investment attraction.
Investors would be able to access this information via purchasing accounts from data service providers.
It’s about time for foreign investors to position themselves now and be ready for the moment when Vietnam is upgraded to Emerging Market status – a foreseeable prospect in the next few years.
Banks’ support for the economy would help realize the GDP growth target of 6-6.5% for this year.
Fitch Rating revised Vietnam’s operating environment score for banks to ‘bb-’ from ‘b+’.
The Vn-Index rose in the Lunar new year’s first six sessions during the 2016-2021 period, with 2020 being the only exception due to the emergence of the Covid-19 pandemic.
Favorable business conditions and ample liquidity would lead to robust credit growth in the first half of 2022.
A 2% rate cut in the value-added tax (VAT) would cause a decline of VND49.4 trillion (US$2.1 billion in state budget revenue, but is necessary to support socio-economic recovery.
A lower value-added tax is seen as instrumental to promote business/production activities at a time of economic hardship due to the Covid-19 pandemic.
Extending land rental fees and taxes payment deadlines are among key measures from the Government to support businesses and individuals during the pandemic.
The penalty is seen as unprecedented but a necessary move to ensure the transparency and healthy development of Vietnam’s stock market.
Credit should be channeled to priority fields and production/business activities with positive impacts on socio-economic development.
The Vietnam Open Innovation Landscape 2021 Report was launched on January 13.
FLC Chairman Trinh Van Quyet is subject to the heaviest penalty for failing to notify stock market authorities before selling his FLC shares.
Mergers and acquisitions (M&A) in Vietnam’s technology sector have made a strong breakthrough.
The grant will improve Tien Phong Commercial Joint Stock Bank's capacity to lend to women-owned and led small and medium-sized enterprises, hire staff, and promote its services to female borrowers.
The banking sector is expected to tighten credit into risky fields, including real estate and securities.
