HANOI'S CREDIT GROWTH SURGES IN FIRST SEVEN MONTHS
According to a report released by Hanoi Statistics Office on July 29, the total outstanding credit in Hanoi had reached $164.04 billion by the end of July, mar…
TAX SECTOR ACHIEVES 58% OF BUDGET ESTIMATE IN FIRST HALF
The General Department of Taxation (GDT) held an online review conference to assess tax activities for the first half of the year and outline tax objectives a…
VIETNAM INTENSIFIES E-COMMERCE TAX SCRUTINY
The department plans to offer guidance for and hold direct dialogues with e-commerce taxpayers to ensure compliance. Efforts will also include updating th…
2025 PIVOTAL FOR STOCK MARKET UPGRADE EFFORT
The Ministry of Finance (MoF) is expected to soon publish the entire content of the draft circular amending and supplementing four circulars on transactions…
CONSUMER FINANCE LENDING NEEDS A SEPARATE LAW
According to the State Bank of Vietnam (SBV)’s Banking Supervision Agency, the Department of Consumer Protection under the Ministry of Industry and Tra…
GOVERNMENT EXTENDS VAT REDUCTION THROUGH 2024
Under the new decree, business facilities opting for the VAT discount method will enjoy a reduced VAT rate of 8% on eligible goods and services. Business e…
BANKS LIMITS FOREIGN ROOM, WAITING FOR STRATEGIC BUYERS
Chairman of Techcombank, one of Việt Nam's largest commercial joint stocj banks, said the bank's current foreign room is 22 per cent, allowing it to sell as…
CREDIT INSTITUTIONS URGED TO CUT LENDING RATES BY 1-2%
The State Bank of Viet Nam (SBV) asked all credit institutions including foreign bank branches to reduce lending annual interest rate by 1-2 percent in a bid…
