Finance

Banks show positive results during third quarter

Several banks have recently announced startling business performance results in the third quarter of 2024 and the first nine months of 2024.

Policy interest rate forecast to remain unchanged in 2024, experts

The State Bank of Vietnam (SBV) may find it difficult to reduce the policy interest rate in 2024 as it must consider many factors related to economic...

E-commerce platforms may be asked to pay taxes on behalf of sellers

The General Department of Taxation has proposed that e-commerce platforms declare and pay taxes on behalf of sellers as part of an effort to enhance...

Vietnam's cashback spending to reach $4.07 billion by 2029

Cashback spending in Vietnam is forecast to increase from $1.8 billion in 2023 to $4.07 billion by 2029, according to a report released by Research...

State bank urges credit growth, consumer lending

The State Bank of Vietnam (SBV) has issued a document requesting banks and credit institutions apply measures to boost consumption and spending.

​Vietnam central bank says to keep policy supportive, open to rate cuts

Vietnam can still meet its economic growth target this year despite the extensive damage caused by typhoon Yagi and is open to the possibility of...

​Ho Chi Minh City attracts $7.4bn remittance in January-September

Overseas remittances to Ho Chi Minh City, the southern economic hub of Vietnam, reached nearly US$7.4 billion in the first nine months of 2024.

Shareholders of many banks to receive dividends soon

Many banks will pay dividends to shareholders shortly, according to information available.

Capital injection accelerated into Vietnam’s economy

The decline in the exchange rate has given the State Bank of Vietnam more room to ease monetary policy, injecting capital into the economy to meet...

Credit growth cap strategy on the cards

The State Bank of Vietnam last week signalled its ambition to explore a roadmap to lift credit growth caps, potentially allowing commercial banks...





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