Finance

Vietnam accelerating towards a cashless society

For the first time, the Vietnamese legal framework formally defines electronic money. Under Decree No.52/2024/ND-CP, electronic money is “the value...

Low interest rates for home loans to boost credit growth

Real estate credit is expected to increase as interest rates for land and home loans at many banks are staying at the lowest level in many years.

It’s time to boldly push towards tax reforms: experts

It’s time for Việt Nam to make a strong push towards tax reforms, including the passing of important tax laws to support the economy to recover and...

Divestments point to lenders’ long-term strategic thinking

Some organisations are accelerating divestment in Vietnam’s banks, reflecting a broader trend of strategic capital management and shareholder...

Foreign banks committing to considerable loans

International banks are demonstrating growing interest in Vietnam, committing substantial investments and loans to support the country’s development...

MoF strives to collect budget revenue exceeding estimates

The tax sector has striven to achieve and surpass the assigned State budget revenue targets, thereby ensuring funding for fulfilling the budget's...

Bank system forecast to overcome pressure

The banking system in the second half of the year is projected to overcome inflationary pressures and support credit growth due to the combined...

Central bank works to ensure macroeconomic stability, inflation control

The State Bank of Vietnam (SBV) will manage interest rates in accordance with macroeconomic balance and inflation in the second half of 2024 to...

Zero per cent dollar-denominated deposit interest rate needs to stabilise forex market

The State Bank of Vietnam (SBV) should keep the US dollar-denominated deposit interest rate at zero per cent as currently, experts said. There is no...

Techcombank reports substantial profit in H1 2024, record high CASA balance

In Q2 2024, Techcombank achieved significant positive business results, with total operating income and pre-tax profit both increasing by over 30 per...





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