Homepage

Banking & Finance

Banking & Finance

Vietnam's stock market not upgraded by MSCI

Vietnam has again not been upgraded from frontier market to emerging market status by MSCI, which has announced regular market gradings for 84 stock markets worldwide. The decision is perhaps not overly surprising given MSCI’s assessment that Vietnam’s market is moving in a more negative direction.
Banking & Finance

Banks introducing eTax Mobile

According to the General Department of Taxation, six banks now provide accounts for users to make online tax payments via the eTax Mobile application. The Department is continuing to carry out authentication with a number of other banks to accelerate the deployment of eTax Mobile, contributing to the implementation of the “Project for developing non-cash payments in Vietnam”.
State Securities Commission works with international partners on market upgrade

State Securities Commission works with international partners on market upgrade

Leaders from the State Securities Commission worked with representatives from the World Bank and FTSE Russell on June 24 on upgrading Vietnam’s stock market. The World Bank and FTSE Russell representatives proposed a number of solutions for the stock market to be upgraded soon and affirmed their continued support to Vietnam in building a sustainable bourse.
Rising credit helps HCMC grow in 1H

Rising credit helps HCMC grow in 1H

Ho Chi Minh City’s credit balance rose 9.3 per cent in the first half of 2022 compared to the end of 2021, which was key in helping the city’s gross regional domestic product (GRDP) increase 3.82 per cent in the period, after recording negative growth at the end of 2021. The trade and service sector posted the highest figure, of 4.83 per cent.
PetroVietnam Securities offers 3 scenarios for VN-Index

PetroVietnam Securities offers 3 scenarios for VN-Index

According to PetroVietnam Securities Inc. (PSI), Vietnam’s stock market is likely to continue to experience adjustments in line with global markets but will recover soon after. PSI offered three scenarios for the VN-Index, with it reaching 1,550 points before the end of the year in the most optimistic and only 1,080-1,150 points in the most pessimistic.
Vietnam's stock market not upgraded by MSCI

Vietnam's stock market not upgraded by MSCI

Vietnam has again not been upgraded from frontier market to emerging market status by MSCI, which has announced regular market gradings for 84 stock markets worldwide. The decision is perhaps not overly surprising given MSCI’s assessment that Vietnam’s market is moving in a more negative direction.
Banks introducing eTax Mobile

Banks introducing eTax Mobile

According to the General Department of Taxation, six banks now provide accounts for users to make online tax payments via the eTax Mobile application. The Department is continuing to carry out authentication with a number of other banks to accelerate the deployment of eTax Mobile, contributing to the implementation of the “Project for developing non-cash payments in Vietnam”.
UOB: External risks posing challenges to economy

UOB: External risks posing challenges to economy

According to UOB, a number of external risks are posing challenges to Vietnam’s GDP growth prospects, including the Russia - Ukraine conflict leading to inflation risks; global supply chain disruptions; tight monetary policy globally; and lingering Covid-19 risks.

Most viewed