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.
FLC Group and its affiliates have so far failed to meet the stock market’s regulations and face the threat of forced delisting.
In addition to supply-side factors, demand-side ones might kick in more strongly.
The city aims to exceed the budget revenue target for 2022 by 5% and disburse at least 90% of the public funds.
Under current regulations, stocks subject to delisting but still meet requirements as a public firm would be required to list on the Unlisted Public Company Market (UPCoM).
Japan, South Korea, France, and Germany are the largest creditors of Vietnam.
The central bank’s flexible management of monetary policy and the return of capital into markets around the world would have positive impacts on Vietnam’s market.
The banking industry needs to continue investing in shared payment and credit information infrastructures.
With the internal strength of the currency and the central bank's flexible management, the VND is expected to depreciate by a maximum of 3% in 2022.
Vietnam is now among the first four Southeast Asian countries collecting taxes from offshore service providers that currently do not have a representative office in the host country.
The surge in gold demand comes from fears of inflation and the weakness of the Vietnamese dong.
Standard Chartered economists expect the State Bank of Vietnam (SBV) to keep the policy rate on hold at 4.0% in 2022 to support economic growth and businesses, despite rising inflation.
Budget revenue from securities, real estate and banking increased sharply compared to the same period last year.
In the six months, companies have also bought back corporate bonds worth VND62 trillion ($2.65 billion) before their maturity date.
In the last half of 2022, banks may ease loan conditions so that more customers could access credit, given the positive economic outlook and their improving financial capacity.
The room for cashless payments in Vietnam is huge.
The financing deal marks the largest mid- to long-term syndicated term loan facility ever raised by a commercial bank in Vietnam.
Futuremakers supports disadvantaged young people, especially girls and people with visual impairments, to learn new skills and improve their chances of getting a job or starting their own business.
According to economists at Standard Chartered Bank, Vietnam's inflation in 2022 and 2023 is forecast at 4.2% and 5.5% respectively.
The Ministry of Public Security has swiftly acted to clamp down on false information over Vingroup Chairman Pham Nhat Vuong, saying it has caused negative impacts on business operations and the stock market.
The interest subsidy scheme is estimated to total VND40 trillion (US$1.76 billion) for the 2022-2023 period.