The Government Office on July 31 issued a notice on Prime Minister Pham Minh Chinh’s opinions at a recent conference reviewing the performance of the banking sector in...
The risk of bad debt is warned to continue to increase, so banks recommend more legal corridors to effectively handle bad debts. At the same time, they promote the...
At the end of June, the State Bank of Vietnam (SBV) issued Circular No. 06/2023/TT-NHNN (Circular 06), amending and supplementing some provisions of Circular...
In the context of declining economic growth and difficulties in exports, the 2% value-added tax (VAT) reduction policy is an effective solution to help businesses...
Too much dependence on credit to boost the economy is not the safe path.
According to experts, a cheap or substandard credit would entail high risks. Therefore, if the government wishes to boost credit in the economy, it must change certain...
Economic growth was lower than the projected scenario, expanding at 3.72 per cent from January to June in the context of declining global demand and emerging internal...
The representatives of the Vietnam Chamber of Commerce and Industry (VCCI) leadership emphasized that only businesses themselves knew what they needed the most, thereby...
Many banks have been stepping up bond buybacks before maturity, but experts are concerned the work can affect the banks’ ability to supply capital for the economy and...
Apartment prices in Hà Nội increased sharply despite market gloom in the first half of 2023, according to Savills Hanoi.
The Government has issued Decree No. 46/2023/ND-CP (Decree 46) detailing the implementation of a number of articles of the Law on Insurance Business (Decree 46). This...
Many car manufacturers have applied a 50 per cent cut in registration fees for buyers, depending on car models.
Credit institutions forecast the demand for banking services will be buoyant in the remaining months of this year, of which credit growth will reach about 4.4% in the...
To implement Decree 44/2023/ND-CP of the Government stipulating the policy on VAT reduction according to Resolution No. 101/2023/QH15 dated June 24, 2023 of the National...
HCM City is committed to creating a “business-friendly environment” to attract foreign investment by enhancing its legal and regulatory landscapes, a senior official has...
The rice industry expects to gain an output of 43.11 million tonnes this year. Rice exports are expected to reach around 8 million tonnes in 2023, worth more than $4...
Interest rates on both the interbank and transaction markets among banks, people and businesses continued to decrease.
According to banking expert Nguyễn Trí Hiếu, besides helping banks improve their credit ratings and enhance their competitiveness in the international market, Basel III...
The lack of regulations has made it difficult for authorities to clarify obligations in cases where LPG cylinders do not meet requirements for safety, fire prevention,...
An item of VNĐ5,000 would have a new price tag of VNĐ4,909 after the VAT cuts, causing inconvenience to both buyers and cashiers.
Supporting economic recovery, controlling inflation, stabilizing interest rates, and ensuring credit demand... are the goals targeted by the monetary policy amid the...
The State Bank of Vietnam (SBV) has decided to further reduce some operating interest rates for the fourth time this year since June 19. This move is considered by...
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