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.
ADB, Thu Dau Mot Water Sign Deal for Water Expansion Project
Under the agreement, the Asian Development Bank will provide a $6-million loan to expand the Bau Bang water treatment plant in Ho Chi Minh City.
Financial leasing encouraged for green growth
Mr. Nguyen Thieu Son, CEO of BIDV-SuMi TRUST Leasing (BSL), tells Vietnam Economic Times / VnEconomy how financial leasing, or asset leasing, can drive green growth and empower SMEs in Vietnam’s new development phase.
Resources to be mobilized for establishment of International Finance Center
At a conference on August 2, Prime Minister Pham Minh Chinh highlighted that the IFC will play a role in elevating Vietnam’s position in the global value chain of finance, investment and high-end services.
Central bank raises credit growth quota to support economic development
As of July 28, total outstanding loans increased 9.64% compared to the end of last year.
New tax calculation on real estate transaction proposed
The MoC stated that this new tax calculation will help deter speculation and prevent excessive price inflation in the real estate market.
Deputy PM orders stronger push for cashless payments
The move aims to meet the growing demand for digital payments, and curb tax evasion.