Banking & Finance

The central bank would continue to monitor the economic performance to adjust monetary policy accordingly, with the aim of keeping the inflation rate around 4% for this year.

This move may result in a more than US$5 billion reduction in the State's budget collection in 2021.

Vietnam continues to work on ensuring sustainable and balanced trade relations with the US, Prime Minister Pham Minh Chinh has said.

As the benchmark Vn-Index is on track to reach the new height of 1,300 points in short-term, domestic capital inflows would serve as a major driver for growth.

The US Treasury of Department would continue its enhanced engagement with Vietnam.

After completing moving stocks to the Ho Chi Minh City Stock Exchange (HoSE), the one in Hanoi (HNX) would be responsible for government bond transactions and management of the derivatives market.

The central bank will continue to monitor actual economic situation and that of the pandemic to expand credit support appropriately.

Demand for credit may increase sharply since the second quarter, especially in fields of industrial production, exports, trade and tourism, said a senior official of the central bank.

The US$2-billion IPO would make it the largest-ever listing by a Vietnamese company in the US.

Vietnam recorded a trade surplus of US$2.67 billion during the period.

This is a short-term move to help ease the current overload issue at Ho Chi Minh Stock Exchange (HoSE).

Strong involvement of individual investors and participation of new foreign fund would help offset the net selling trend of foreign investors.

Vietnam’s consumer price index (CPI) is set to average 2.89% in 2021, below the government’s target of 4%.

Four public firms have moved their stock listings to the Hanoi Stock Exchange (HNX).

As of March, the total value of G-bonds reached more than VND1,340 trillion ($58.3 billion), slightly down 0.7% against late 2020.

People and technology are considered as two pillars for the development of Vietnam's capital market.

A transparent manner fully complied with the International Financial Reporting Standards (IFRS) will boost the development of the stock market.

The move is seen as a short-term solution to address the issue of surging orders on the Ho Chi Minh City Stock Exchange (HoSE) that force the stock exchange to halt market trading.

The cross-border QR payment service will facilitate consumption and payments for both countries’ consumers.

Banks in the list are classified as important pillars to the finance-banking system, and therefore subject to close credit risk monitoring and warning under the SBV’s instruction.