Homepage

Banking & Finance

Budget revenue to fall as taxes cut
Banking & Finance

Budget revenue to fall as taxes cut

The Ministry of Finance has reported that reductions to floor levels in environmental protection taxes for gasoline, oil, and grease will cut State budget revenue this year by more than VND33 trillion ($1.4 billion).
Banking & Finance

Stock market posts positive August

Figures from VnDirect show that the VN-Index increased 6.3 per cent in August; higher than most countries in the region. It has, however, fallen by 14.4 per cent since the beginning of the year, but this has still surpassed the MSCI emerging market index.
Banking & Finance

VnDirect: Stock market facing correction but attractive long term

VnDirect has forecast that Vietnam’s stock market may face a short-term correction in September, with the VN-Index approaching a strong resistance area of 1,300-1,330 points. As market fundamentals are improving, this correction will create a “good disbursement opportunity” for investors. Current market valuations are quite attractive to long-term investors.
Budget revenue to fall as taxes cut

Budget revenue to fall as taxes cut

The Ministry of Finance has reported that reductions to floor levels in environmental protection taxes for gasoline, oil, and grease will cut State budget revenue this year by more than VND33 trillion ($1.4 billion).
Foreign stock market investors post new withdrawal

Foreign stock market investors post new withdrawal

Foreign investors posted an unexpected net withdrawal in the first session of the new month on September 5. There remain many stocks going against the trend and attracting strong capital inflows, however, such as steel and chemical fertilizer.
Revisions coming to Law on Deposit Insurance

Revisions coming to Law on Deposit Insurance

In place for a decade, the Law on Deposit Insurance will be revised to match changing circumstances and international practices, helping Deposit Insurance of Vietnam (DIV) participate more effectively in the process of restructuring credit institutions and better protecting depositors.
Stock market posts positive August

Stock market posts positive August

Figures from VnDirect show that the VN-Index increased 6.3 per cent in August; higher than most countries in the region. It has, however, fallen by 14.4 per cent since the beginning of the year, but this has still surpassed the MSCI emerging market index.
VnDirect: Stock market facing correction but attractive long term

VnDirect: Stock market facing correction but attractive long term

VnDirect has forecast that Vietnam’s stock market may face a short-term correction in September, with the VN-Index approaching a strong resistance area of 1,300-1,330 points. As market fundamentals are improving, this correction will create a “good disbursement opportunity” for investors. Current market valuations are quite attractive to long-term investors.
2022 credit growth in HCMC estimated at 11%

2022 credit growth in HCMC estimated at 11%

Data from the State Bank of Vietnam shows that as of the end of August, total credit at credit institutions in Ho Chi Minh City stood at over VND3.1 quadrillion ($132 billion), up 0.4 per cent compared to the end of July and 11 per cent compared to the end of 2021.

Most viewed