Banking & Finance
Total outstanding credit reaches $764bln in 6M
77% of total outstanding loans were directed toward production and business activities.
Vietnam Today
Vietnam PM urges JBIC to expand financial support for strategic projects
Prime Minister Le Minh Hung also called for JBIC’s support in enhancing Vietnam’s economic autonomy and resilience by promoting Japanese investment in strategic sectors such as semiconductors, artificial intelligence, batteries, new materials, critical minerals, and high-tech industries.
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.
Some $5 billion remitted home annually by guest workers
Over 700,000 Vietnamese workers are now working abroad.
Vietnam determines to have stock market upgraded: Finance Minister
Vietnam has rolled out many efforts to soon meet upgrading requirements.
PM urges FTSE Russell to support Vietnam's emerging market push amid key reforms
The call came during the Prime Minister's meeting with Mr. Gerald Toledano, FTSE Russell’s Global Head of Equity and Multi-Asset, who is leading a delegation to assess Vietnam's capital markets for a potential reclassification.
Remittances to HCM City estimated at $5.23 bln in H1
Remittances from Africa record the higest increase of 130.8%.
HCMC calls on Kazakh investors for financial hub project
The call was made at a business roundtable, organized by the Ho Chi Minh City People's Committee in coordination with the Astana International Financial Centre (AIFC) of Kazakhstan on July 15
Corporate bond market shows signs of recovery in H1
The total issuance value estimated at VND248.6 trillion ($9.45 billion) in the period.