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.
The new agreement will help cut short processing time for listed firms and prevent disruption to trading activities.
Vietnamese telecom companies are accelerating the preparation for the launching of direct carrier billing services in next few months.
While there are several upside risks, moderating food prices should keep Vietnam’s inflation under control.
The government and the International Finance Corporation aims to increase the number of women in leadership positions in banks.
A no-rise in minimum wage would create conditions for enterprises to recover and workers keeping their jobs, stated the labor ministry.
The fact that nearly 19,800 enterprises temporarily suspended operation in the first two months of 2021, up 60.5% year-on-year, has also contributed to a decline in tax revenue.
The new change is set to take effect from March 3, 2021, under a SSC’s instruction once a technological solution could fully solve the current overload issue on HOSE.
Vietnamese laws have not accepted cryptocurrency as a medium of exchange in the country.
As of January 20, the total value of government bonds reached more than VND16 trillion (US$694.7 million).
By 2030, Vietnam’s statistics sector is expected to reach the level of development of regional most advanced countries and by 2045 to become among the modern statistics systems globally.
The daily turnover in Vietnam’s stock market has been extremely high for the last several months, said the head of independent Finish fund manager Pyn Elite Fund.
Banks in Vietnam are responding to the government’s call in forgoing parts of their profits to support customers affected by the pandemic.
The government raised the subsidy for E5 and RON92 from the petrol price stabilization fund by VND2,000 per liter, as well as other petroleum and gasoline products.
The problem if further persists in long-term will make investors become disillusioned on the fairness and transparency of Vietnam’s stock market.
A low-interest rate environment in long term could make capital available for other investment channels, so banks are under pressure to readjust their savings mobilization rates to better attract idle capital.
Vietnam’s economy with high level of openness could be susceptible to rising inflation as a result of growing global commodity prices.
Increasing online shopping has resulted in higher tax revenue.
Such extension in delay of taxes and land rental fees payment is essential for the business community to continue its economic recovery process and ensure the realization of the 6.5% economic growth target in 2021.
Investors are more well-prepared in terms of financial capabilities, knowledge and understanding of risks in the stock market.
In the first working day after a long holiday, customers often have high demand to open or withdraw money from saving accounts.
