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.
Personal ID numbers to be used as tax codes starting from July 1
This change aligns with international trends, where each citizen has a single, lifelong identification number linked to their administrative transactions and financial obligations.
Domestic gold prices keep upward trend
The selling prices of SJC branded-gold bars on July 1 marking the highest increase since mid June.
Resolution on International Financial Center approved
Under the resolution adopted by the National Assembly on June 27, an international financial center will be developed in both Ho Chi Minh City and Da Nang, following a unified model for operation, supervision, and governance.
Agricultural land-use tax exemption extended through 2030
The policy takes effect from January 1, 2026.
HCM City's banks offer $13 bln in credits for businesses
Over 76,600 customers benefit from the package to promote production and trade.
EVN and German Bank ink loan agreement for Tri An hydropower plant expansion
The loan agreement worth €65 million ($75.4 million), without guarantee from the Government.