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BANKING / FINANCE / INSURANCE / TAX

MOF PROPOSES 2 PER CENT VAT REDUCTION UNTIL MID-2024

The Ministry of Finance (MoF) has recommended reducing VAT by 2 per cent for the first six months of 2024 on some groups of goods and services that are…

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BANKING / FINANCE / INSURANCE / TAX

VIET NAM EYES EMERGING STOCK MARKET STATUS BY 2025

According to Phương, in terms of the legal framework, the 2019 Securities Law, the 2020 Investment Law, the 2020 Law on Enterprises, and the documents…

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BANKING / FINANCE / INSURANCE / TAX

CREDIT GROWTH FAR FROM YEAR-END TARGET DESPITE FALLING INTEREST RATES

During a bank-business connectivity meeting in Thái Nguyên Province on Wednesday, Deputy Governor Phạm Thanh Hà revealed that as of September 29,…

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BANKING / FINANCE / INSURANCE / TAX

CREDIT GROWTH FAR FROM YEAR-END TARGET DESPITE FALLING INTEREST RATES

During a bank-business connectivity meeting in Thái Nguyên Province on Wednesday, Deputy Governor Phạm Thanh Hà revealed that as of September 29,…

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BANKING / FINANCE / INSURANCE / TAX

HONG KONG TO HELP ELEVATE VIỆT NAM'S STOCK MARKET POTENTIAL

When Christina Bao, Co-Head of Sales & Marketing at the Hong Kong Exchanges and Clearing Limited (HKEX), came to Việt Nam for a conference, Việt Na…

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BANKING / FINANCE / INSURANCE / TAX

INTEREST RATE CUT EXPECTED TO STIMULATE DEMAND FOR HOME LOANS

According to a report by the State Bank of Vietnam (SBV), people's demand for home loans and home repairs decreased by 1.12 per cent in the first half of…

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BANKING / FINANCE / INSURANCE / TAX

LENDING RATE LAG STILL CAUSING BANK UNEASE

There has been a decline in savings interest rates in recent weeks. From August 23, Agribank continued to reduce deposit interest rates from 0.5 to 0.3 per…

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BANKING / FINANCE / INSURANCE / TAX

LOW CREDIT GROWTH, REDUCING PROFIT PUT PRESSURE ON BANK PROSPECTS IN 2023

The outlook for the banking industry this year will not be as bright as previous years due to low credit growth and reducing profit, experts forecast. In a rec…


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