Banking & Finance
Corporate bond issuances total $4.6 bln in 5M
Banking sector accounting for the largest proportion with 67.1%.
Digital Biz
Legal framework key to Da Nang's digital asset hub ambitions
Da Nang has approved a controlled pilot mechanism for a stablecoin payment project. This model allows international tourists visiting the city to make payments using USDT.
VET Exclusive
Banking sector’s commitment to green growth
The State Bank of Vietnam has introduced an action plan to ensure sustainability within the country’s financial system.
Ho Chi Minh City's tourism credit grows 10%
Total outstanding tourism credits reaching VND57 trillion ($2.2 billion) by the end of February.
Domestic gold price drops after hitting historic high
The SJC-branded gold bars skyrocketing to a historic high of VND102.6 million ($3,976) per tael on April 1 morning.
Domestic gold price jumps to new height
The selling price of SJC-gold bars hitting over VND101 million ($3,923) per tael on March 31.
Considerations need to be made for future financial centers
A host of considerations will need to be taken into account as Vietnam’s goes about developing its financial centers.
HCMC financial hub positioned as engine for national innovation, competitiveness
"The development of the financial center is one of the strategic spearheads to help transform the growth model, improve resource utilization efficiency, and strengthen Vietnam's position on the international stage," Minister of Finance stated.
Solutions to boost Vietnam's investment fund industry
The assets under management of securities investment funds remain modest relative to their potential, representing just 6.5% of Vietnam's GDP, compared to 21% in Thailand and 52% in Malaysia.