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.
Household businesses below tax threshold exempt from bookkeeping
Business households and individuals with annual revenue of VND200 million (nearly $7,600) or less (previously VND500 million) will not be subject to value-added tax (VAT) and personal income tax.
Draft decree on administrative penalties in crypto assets completed
The draft decree is expected to be submitted to the Governmet in the next couple of months.
Credit management in need of update
The credit quota system applied to commercial banks in Vietnam is in need of an update.
Gov't removes business barriers across 11 trade & industry sectors
In addition, the Prime Minister approved the reduction and simplification of internal administrative procedures in three sectors: Petroleum; border trade; and consumer rights protection.
Crypto asset trading market management board established
The new body expected to contribute to building a stable, transparent, and secure crypto asset market in Vietnam.
Facilitating FDI listings: a key step toward stock market upgrade
When compared to the nearly 1,600 companies currently listed and registered for trading across the entire market, the figure of 10 FDI enterprises is extremely modest.