Thursday, 23 May 2019
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ECONOMYBANKING & FINANCE
Thursday, 23 May 2019, 14:25
It is too early to say Vietnam’s public debt is at safe level, especially when the available fund could only cover the interest rate, not the principal amount, said Minister of Finance Dinh Tien Dung.
Tuesday, 21 May 2019, 21:42
This showed improvements in financial capacity of credit institutions over the years.
Tuesday, 21 May 2019, 16:14
The State Bank of Vietnam has bought in a large amount of foreign currency in a bid to ensure national finance-monetary security and greater capacity to intervene the foreign exchange market if needed.
Monday, 20 May 2019, 16:46
The National Assembly's Finance-Budget Committee attributed the lower debt public ratio to government’s tightened state budget overspending and ongoing debt restructuring efforts that helped ensure the state’s repayment capacity and relieve pressure on public debt compared to previous periods.
Monday, 20 May 2019, 11:14
Of the total tax arrears, 35.2% are deemed collectible, 19.4% are tax penalty due to late payment and violation of tax laws, while the remaining 45.5%, equivalent to VND37.64 trillion (US$1.6 billion), is irrecoverable debts.
Monday, 20 May 2019, 08:25
Vietnam currently has 17 consumer finance companies, whose total outstanding loans reached more than US$5 billion by the end of last year.
Saturday, 18 May 2019, 11:55
The draft includes some highlights of the regulations on offering securities during initial public offerings, adding credit rating conditions to bond issuers, attaching initial public offerings (IPOs) with listing, trading registration on the stock market, and offering shares below the par value.
Friday, 17 May 2019, 17:02
The MoF would promptly coordinate with Hanoi and Ho Chi Minh City Stock Exchanges to evaluate, analyze and investigate transactions which are believed to break regulations.
Tuesday, 14 May 2019, 18:29
Mnuchin expected Vietnam and the US to continue discussing Vietnam’s monetary policy.
Saturday, 11 May 2019, 13:09
After several years of high credit growth, domestic credit of the private sector has risen to 130% of GDP from just 20% some 20 years ago.
Saturday, 11 May 2019, 12:00
Vietnam posted the highest rate of cash on delivery for internet purchase at 90.17%, significantly higher than the second ranked Indonesia of 65.30%.
Thursday, 09 May 2019, 11:57
Local banks should focus on improving management capability and raising operational efficiency, which can be achieved through transformation, including digital transformation and workforce transformation.
Wednesday, 08 May 2019, 17:38
The Ho Chi Minh City Stock Exchange (HoSE) is reviewing two new products for the market, including restricted shares and non-voting depository receipt (NVDR), aiming to facilitate the accessibility to Vietnam’s capital market for foreign investors.
Tuesday, 07 May 2019, 14:54
Never before did the SBV manage to purchases such large amount in just a short time frame.
Tuesday, 07 May 2019, 13:15
Following the Prime Minister’s instruction, the current contribution rate has been decreased to 14 – 16%, allowing provinces and cities to increase expenditure for investment and carry out wage reform.
Monday, 06 May 2019, 15:59
Up to 61% of consumers now make payments on their mobiles, compared to just 37% in 2018.
Monday, 06 May 2019, 08:24
As the domestic capital market is underdeveloped, Vietnamese banks are in dire need of foreign capital to meet Basel II standards by 2020 as required by the central bank.
Wednesday, 01 May 2019, 09:49
State budget revenues as of April 15 reached VND421 trillion (US$18.09 billion), equivalent to 29.8% of the year's estimate.
Railway street - new attraction in Hanoi
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