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Viettel & Vietcombank still the biggest taxpayers
Banking & Finance

Viettel & Vietcombank still the biggest taxpayers

Deputy General Director of the General Department of Taxation Phi Van Tuan has signed and promulgated Official Letter No. 3786/TCT-KK publicizing the V1000 list of enterprises paying the largest corporate income taxes in 2021. Viettel and Vietcombank continued to maintain their top positions, which they have occupied for many years. The banking sector dominated, with five enterprises in the top 10.
Banking & Finance

PM meets bank leaders

At a meeting with leaders of commercial banks on October 16, Prime Minister Pham Minh Chinh asked them to comply with the law and strengthen their governance capacity. Vietnam’s commercial bank sector has continually grown in scale, quality, and financial capacity. Total assets at joint stock commercial banks stand at VND7.5 quadrillion ($307.15 billion) and at four State-owned commercial banks more than VND7 quadrillion (286.7 billion).
Banking & Finance

Foreign funds see Vietnam’s economy as superior

Amid a plunging local stock market and a growing risk of global crisis, a number of foreign funds such as Dragon Capital, VinaCapital, and Dynam Capital have expressed a belief that Vietnam’s economy is superior to others around the world. The Economist magazine has listed countries most at risk from imported inflation and supply chain disruptions, and Vietnam is not among them.
Viettel & Vietcombank still the biggest taxpayers

Viettel & Vietcombank still the biggest taxpayers

Deputy General Director of the General Department of Taxation Phi Van Tuan has signed and promulgated Official Letter No. 3786/TCT-KK publicizing the V1000 list of enterprises paying the largest corporate income taxes in 2021. Viettel and Vietcombank continued to maintain their top positions, which they have occupied for many years. The banking sector dominated, with five enterprises in the top 10.
Agriseco: 70% of VN30 stocks at attractive prices

Agriseco: 70% of VN30 stocks at attractive prices

Agriseco believes that about 70 per cent of stocks in the VN30 group are now at attractive prices. With macro-economic stability and growth, now is the time to gradually accumulate long-term investments. However, it also believes that the market still faces many risks, such as pressure from inflation and exchange rates, continuing tightening of monetary policies, and rising interest rates.
VNDirect: Liquidity risk at banks not great

VNDirect: Liquidity risk at banks not great

A report from the VNDirect Securities Company shows that tight liquidity has been a concern for the banking system in recent times, but the risk to system liquidity is not significant. The efforts of authorities to combat “dollarization” in the economy and increase cashless transactions have brought significant results, while the macroeconomic situation remains stable and the health of the banking system has improved.
PM meets bank leaders

PM meets bank leaders

At a meeting with leaders of commercial banks on October 16, Prime Minister Pham Minh Chinh asked them to comply with the law and strengthen their governance capacity. Vietnam’s commercial bank sector has continually grown in scale, quality, and financial capacity. Total assets at joint stock commercial banks stand at VND7.5 quadrillion ($307.15 billion) and at four State-owned commercial banks more than VND7 quadrillion (286.7 billion).
Foreign funds see Vietnam’s economy as superior

Foreign funds see Vietnam’s economy as superior

Amid a plunging local stock market and a growing risk of global crisis, a number of foreign funds such as Dragon Capital, VinaCapital, and Dynam Capital have expressed a belief that Vietnam’s economy is superior to others around the world. The Economist magazine has listed countries most at risk from imported inflation and supply chain disruptions, and Vietnam is not among them.
Nam A Bank meets Basel III risk management standards

Nam A Bank meets Basel III risk management standards

Nam A Bank announced on October 12 that it has met Basel III standards on risk management. It has also implemented international financial reporting standards (IFRS) to enhance financial transparency and improve efficiency and safety in operations towards global international financial standards for deeper integration into international capital markets.

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