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BANKING / FINANCE / INSURANCE / TAX

STOCK MARKET AN ATTRACTIVE INVESTMENT CHANNEL FOR LOCAL PLAYERS

The stock market is still an attractive investment channel for investors in the near future. However, it also poses many challenges for regulators and market members, said experts.

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BANKING / FINANCE / INSURANCE / TAX

FOREIGN INVESTORS NET SOLD OVER $438 MILLION IN MAY

Việt Nam's stock market finished higher on Monday, boosted by bank stocks. The benchmark VN-Index rose 0.57 per cent to 1,328.05 points, the highest since the stock market was founded.

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BANKING / FINANCE / INSURANCE / TAX

MOF CONSIDERING EASING TAX BURDEN ON INDIVIDUAL LANDLORDS

This is a part of the programme on amending the Value-added Tax (VAT) Law that the General Department is consulting with experts, said Tạ Thị Phương Lan, deputy head of the Tax Administration Department of Small, Medium Enterprises, Business Households and Individuals under the General Department of Taxation.

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BANKING / FINANCE / INSURANCE / TAX

TAX FILING EXTENSION A MODICUM OF RELIEF

While welcoming the government’s new supporting policy, foreign-invested enterprises in Vietnam are seeking more assistance to survive the COVID-19 storm and spur recovery.

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BANKING / FINANCE / INSURANCE / TAX

LEGAL FRAMEWORK NEEDED TO MANAGE VIRTUAL FINANCIAL INVESTMENT PLATFORMS

Experts have warned that a firm legal framework and strict punishment measures are needed to manage virtual financial investment platforms, which they say are now out of control.

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BANKING / FINANCE / INSURANCE / TAX

CREDIT INSTITUTIONS ASKED TO TIGHTEN LOANS IN “OVERHEATING” SECTORS: SBV

The State Bank of Vietnam (SBV) has requested local credit institutions and foreign banks’ restrict lending concentration for real estate and construction, Build-Operate-Transfer (BOT) and the consumption sector.

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BANKING / FINANCE / INSURANCE / TAX

FOREIGN INVESTORS WILL SOON RETURN TO VIETNAM'S STOCK MARKET: HSBC

Vietnam’s stock market is expected to continue to grow, helped by strong economic growth and increasing local liquidity. The positive outlook will attract foreign investors back to the market, according to HSBC.

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BANKING / FINANCE / INSURANCE / TAX

BANKS DOMINATE VIETNAM’S PROFIT MAKERS LIST

Seven banks are in the list of Top 10 most profitable listed companies in Q1, recording increases in pre-tax profits.
Topping the list are two stated-owned lenders Vietcombank and VietinBank. The former recorded VND8.6 trillion ($373.9 million) in pre-tax profits, up 65 percent year-on-year, while the latter posted VND8 trillion, up 171 percent.


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