BANKS FACE DIFFICULTIES IN IMPLEMENTING NEW REGULATIONS RELATING TO LAND
In the process of drafting three laws, the Land Law 2024, Housing Law 2023 and Real Estate Business Law 2023, and the decrees and circulars relating to them, the association, along with its member organisations and experts put forward proposals about the legal changes, said Nguyễn Quốc Hùng, VNBA vice chairman and general secretary.
VICTORY - BECAMEX HOTEL
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FOREIGN INVESTMENT ROOM DELIVERS MIXED PICTURE AT BANKS
While the foreign ownership limit at several top-tier banks has almost reached its cap with a desire for further expansion, other banks have significant room for international investment. Among the 27 listed commercial banks, 14 have foreign ownership rates exceeding 15 per cent of their charter capital.
REVISING VIETNAM'S ECONOMIC STRATEGY FOR NEW ERA
The period of 2024-2025 is important as Vietnam completes its 2021-2025 development plan. Revising economic strategies and policies to address climate change and global uncertainties is an extremely important task.
MANUFACTURING SECTOR REMAINS IN GROWTH TERRITORY
The S&P Global Vietnam Manufacturing Purchasing Managers' Index remained above the 50 point mark in November for thesecond consecutive month, following the contraction caused by Typhoon Yagi in September.
SINGAPORE CRACKS DOWN ON ILLEGAL LENDING OPERATIONS
Preliminary investigations reveal that five individuals are accused of harassment and intimidation of borrowers, while 40 others are suspected of aiding loan sharks through ATM transactions. Another 50 suspects allegedly assisted illegal lenders by opening and using their personal bank accounts.
DRIVING SUSTAINABLE IP DEVELOPMENT TO ATTRACT STRATEGIC INVESTORS
As a result, major strategic investors like Honda, Toyota, Samsung and Signetics have explored opportunities in Vinh Phuc, offering support for energy cooperation, "Net Zero" commitments, and green investment to boost sustainable development and add value to the local economy.
INNOVATING TECH INFRASTRUCTURE TO ENHANCE BANKING SECURITY
Vietnam's banking technology infrastructure has advanced significantly, improving performance and meeting customer needs in the digital age. However, further innovation is needed to sustainably grow and meet rising market demands.
