Banking & Finance
Unknown outcome from higher excise tax rates
Much debate surrounds the introduction of higher excise tax rates on alcoholic beverages and the benefits or otherwise.
Banking & Finance
2023 revenue of top 500 value-creating firms hits VND9 quadrillion ($359 bln)
The energy and petrol sector took the lead in terms of revenue with over VND 1.9 quadrillion ($76 billion).
Banking & Finance
Vietcombank starts to sell gold bullion via mobile app
This is the first bank offering the service.
Unknown outcome from higher excise tax rates
Much debate surrounds the introduction of higher excise tax rates on alcoholic beverages and the benefits or otherwise.
Four Vietnamese firms licensed to provide credit rating services
Enterprises providing credit rating services must obtain a certificate of eligibility from the Ministry of Finance.
Credit institutions permitted to expand credit quotas
To be eligible for the expansion, credit institutions must fulfil at least 80% of the annual quotas set from early year.
2023 revenue of top 500 value-creating firms hits VND9 quadrillion ($359 bln)
The energy and petrol sector took the lead in terms of revenue with over VND 1.9 quadrillion ($76 billion).
Vietcombank starts to sell gold bullion via mobile app
This is the first bank offering the service.
The rise of Southeast Asia and the influence of Vietnamese banks
Of the top 200 largest Southeast Asian companies ranked by Fortune, 34 were banks, and Vietnam proudly contributed 12 of them, highlighting the significant growth and stature of Vietnam’s financial market within the region.