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.
Transforming SCIC: granting autonomy to drive breakthrough growth
According to Deputy Minister of Finance Cao Anh Tuan, SCIC needs to operate as a professional financial investor rather than an administrative agency.
Over $20 bln of public investment capital disbursed in 11M
The figure equal to nearly 60% of the Prime Minister's target.
Vietnam-China QR-code retail payment connectivity launched
Once fully operational in both directions, the system will establish a comprehensive cross-border QR payment ecosystem, boosting tourism, trade, and consumer spending between the two countries.
Vietnam, Laos sign more cooperation agreements in Vientiane
The signing of the agreements is part of activities within Vietnamese Party General Secretary To Lam's two-day state visit to Laos.
Annual tax-free revenue threshold for household businesses proposed to increase from VND100 million to VND500 million
If the new revenue threshold is applicable, about 2.3 million business households will be exempted from income tax, accounting for approximately 90% of the total business households currently paying taxes.
Credit capital to be provided for Ho Chi Minh City - Long Thanh expressway expansion project
Under a credit contract, a credit facility of VND6.75 trillion ($256 million) will be provided for the project.