Banking & Finance
Regulations on gold trading tightened
The maximum fine of up to VND400 million (approximately $15,200) will be applied following a new decree issued by the Government.
Banking & Finance
Vietnam’s outstanding credit reaches $699 bln
The credit structure remains closely aligned with the country’s economic structure, effectively meeting the borrowing needs of both individuals and businesses.
VET Exclusive
M&A transactions in uptrend
M&A transactions are on the rise and will continue upwards as 2025 comes to a close.
Opportunities for QR payment growth
Vietnam Economic Times / VnEconomy sought insights from representatives of regulators, banks, and businesses on Vietnam’s QR payment evolution and opportunities for cross-border growth.
Digital cash flows to be standardized and clarified
The greater acceptance of QR payments will also have the effect of standardizing and clarifying digital cash flows.
Ministry unveils tiered Personal Income Tax rates for large business households
A key highlight of the proposal is the updated regulation on Value-Added Tax (VAT) and Personal Income Tax (PIT).
Vietnam to grant 10-year work permits for IFC personnel
Employers are also allowed to recruit foreign workers based on job requirements without being subject to any quota or limitation on the proportion of foreign employees.
Vietnam officially launches International Financial Center project
The move sends a clear message to the international community regarding Vietnam’s readiness to cooperate, partner, and share development opportunities.
Tax policy for Vietnam’s newly established International Financial Center
A newly-registered project in the international financial center shall be entitled to a corporate income tax rate of 10 percent for 30 years, if it belongs to priority business lines in the IFC.