VET Exclusive
Hanoi's fiscal capacity and its ambitious metro line scheme
Hanoi’s ambitious metro line expansion will require far more than fiscal capacity and new financing tools to deliver on its promise.
Banking & Finance
Vietnam, Singapore launch cross-border QR payment service
The new service links the payment infrastructures of Vietnam's National Payment Corporation (NAPAS) and Singapore-based Liquid Group.
VET Exclusive
For better development of the International Financial Center in Vietnam
Vietnam needs to make comprehensive and well-coordinated preparations in order to successfully develop its International Financial Center and secure a competitive position on the regional financial map.
Cautious consideration of “credit room” removal
As Vietnam looks to ensure its credit growth target is met this year, following a strong first-half result, there is concern surrounding money velocity and discussions on removing credit growth limits.
House prices maintain their upwards trajectory
Supply has increased in Hanoi and Ho Chi Minh City’s housing market but unfortunately prices have also continued their upwards trajectory.
Central bank proposes reporting rule for e-transfer at future International Financial Center
All electronic money transfers valued at $1,000 or more at the center must be reported for anti-money laundering purposes.
Government issues roadmap for mandatory online bidding for investor selection
The online investor selection process regulated by the newly promulgated decree is applicable to projects that fall under international bidding.
Corporate bond issuances top $11.34 bln in 7M
Bank bonds dominating the market, accounting for 75%.
Top 100 private enterprises (PRIVATE 100) contribute VND244.4 trillion to State budget
The top 10 private enterprises alone contributed a combined amount of nearly $5.63 billion, a 36% increase from the figure they contributed the year before.