Finance

Banks promote online lending services

Banks are strongly stepping up online lending services via digital channels as this method saves time and costs for both the borrower and the lender.

Rising middle class pushes wealth management potential in Việt Nam

The personal financial assets market in Việt Nam is forecast to reach hundreds of billions of US dollars in the next few years, providing significant...

Proposal to amend personal income tax law set for October next year

The Personal Income Tax Law will be revised in 2025, following the proposed timeline submitted to the Government and reported to the National...

Capital increase regulation proposed to ensure safety for credit institutions

Credit institutions, which have a bad debt ratio of the total outstanding loan of more than 3 per cent, will not be allowed to increase capital for...

Policies need to be amended to promote microfinance

Microfinance has made remarkable developments and contributed significantly to poverty reduction and financial inclusion promotion in Việt Nam, but...

Debt repayment help for struggling companies to be extended until year end

The State Bank of Việt Nam (SBV)’s proposal to extend Circular 02/2022/TT-NHNN will reduce pressure on enterprises which are struggling to service...

Exchange rate stabilised but losses significant due to surging dollar

The greenback's exchange rate stabilised around VNĐ24,269 on Wednesday, marking the fourth consecutive day it has stayed under VNĐ25,000 after a...

Tax, land rent payment deadlines to be extended this year

Payment deadlines for value added tax (VAT), corporate income tax, personal income tax, and land rent in 2024 are set to be extended, involving a...

Forex rate hike dampens business performance in Q1

The VND-USD exchange rate has risen 5.9 per cent so far this year, badly affecting the performances of a slew of businesses in the first quarter.

Ministry proposes tax filing deadline extension for 2024

The Ministry of Finance (MoF) is considering proposals from other relevant ministries and agencies on a draft decree that would extend the deadlines...





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