Regional, international financial centers mean boosters to Vietnamese economy: Deputy PM
Ho Chi Minh City envisions its financial center encompassing the money market, banking system, capital market, and derivatives market.
Ho Chi Minh City envisions its financial center encompassing the money market, banking system, capital market, and derivatives market.
The activity will demonstrate the strength of European-Vietnamese cooperation and pave the way for a successful green transition.
The banking sector assumes a vital role in introducing innovative financial instruments and suitable investment methodologies to enable Vietnam to achieve its net-zero emissions goal by 2050.
This partnership represents a clear commitment by both parties to address climate change within their value chains.
The initiative aims to make cross-border transactions faster, more transparent and cost-efficient, and assure benefits and obligations of consumers.
The platform's operation significantly contributes to the corporate bond market, progressively increasing transparency and mitigating transaction risks.
VinFast business combination with Black Spade was approved at an extraordinary general meeting of Black Spade’s shareholders on August 10.
The program aims to empower and equip young Vietnamese leaders with the knowledge, resources, and network to effectively communicate the complexities of sustainability to their peers.
This projection is lower than the original target set at the beginning of the year, which was to keep inflation below 4.5%.
Decree No. 13 is the third legal document to enhance cyberspace management in Vietnam.
The introduction of the bond trading platform is expected to increase transparency and improve market liquidity.
The global minimum tax will affect multinationals such as Samsung, Intel, LG, Bosch, Sharp, Panasonic, Foxconn and Pegatron, among other investors in Vietnam.
There is an urgent need for the government to take swift action to address the problems in the corporate bond and securities markets.
Among all payment methods, QR code-based payments grew 160% in volume and 40% in value from January to May.
Reforms supported by this credit will strengthen Vietnam's ongoing recovery from the Covid-19 pandemic and subsequent commodity price shocks.
Fitch has affirmed Vietnam's sovereign credit rating at 'BB' with a 'positive outlook.'
The Australian insurtech startup made inroads into Vietnam's agricultural insurance sector, aiming to insure farmers against Southeast Asia's volatile weather.
Lowering bank rates helps businesses and individuals access credit, stimulating the economy.
With the VAT cut to 8% in the second half of this year, the government estimates a revenue loss of VND24 trillion (US$1 billion).
The central bank will continue instructing banks to reduce interest rates, share profits with businesses, and undertake debt restructuring with a greater sense of urgency.
The aim is to steer the market towards a downward trend in interest rates in the future by lowering the ceiling on deposit and operating rates.