Banking & Finance
G-bond market sees strong growth in 8M
Government bond issuance reached VND238.7 trillion ($9.04 billion).
Vietnam Today
Prime Minister outlines strategic direction for implementation of fiscal, monetary policy
In his official dispatch No. 159/CD-TTg, dated September 7, PM Pham Minh Chinh sets forth directions for coordination of fiscal and monetary policies.
Banking & Finance
Construction of HMC City International Financial Center to start in September
The $7 billion center is expected to serve as a hub for banking, asset management, capital markets, fintech, and derivatives trading.
HCMC opens online tax portal
The Ho Chi Minh City Tax Department has launched an electronic transaction portal - HCMTax - for the completion of tax obligations and procedures amid Covid-19.
Real estate businesses facing debt burden
Though posting high profits, the biggest risk facing real estate companies listed on Vietnam’s stock market is their debt burden when inventory has been hit hard and cash flow is negative.
Access to employee support package a problem
According to businesses, there remain many difficulties in accessing the VND7.5 trillion ($330 million) support package to help workers suspended from their employment, so it is necessary to loosen procedures.
SBV respects regulation of currency market
The Vietnam dong (VND) is one of the few currencies to have appreciated against the USD since the beginning of the year, showing that the State Bank of Vietnam (SBV) has respected market regulation because the country is heavily dependent on exports and FDI capital.
Stock market: Blue-chips not increasing significantly
There were few signs of recovery among blue-chips on the stock market last week, due to their opportunities remaining unclear.
Techcombank honored as “Employer of the Year”
Techcombank was the only Vietnamese bank to win an international Stevie Award in the category “Employer of the Year 2021 - Banking”. This is the second year in a row it has been honored with the prestigious award.