Banking & Finance

Nearly 245,000 new accounts were opened in January alone, reflecting growing investor participation and confidence in the market.

Currently, the Government of Vietnam is developing and implementing a National Action Plan to fulfill the recommendations of the OECD Global Forum on Transparency and Exchange of Information for Tax Purposes.

Enterprises have responded to tax authorities reforming their operations by improving compliance but issues remain.

Vietnam’s International Financial Centre is launched in HCM City and central Da Nang city.

Ho Chi Minh City has launched the Vietnam International Financial Centre, naming Nam A Bank as a strategic investor to advance green finance and global integration.

Vantage Point Asset Management (VPAM), a leading asset management company based in Singapore, has pledged to mobilize $10 billion from global institutional investors and strategic partners within five years into Vietnam’s International Finance Centre.