Vietnam Today
R&I upgrades Vietnam’s foreign-currency issuer rating to investment grade
Vietnam’s economic growth outlook remained a key strength underpinning its credit profile, according to R&I.
Business
Power tariffs to be frozen, service fee hikes capped to curb inflation
Among the key cost-push factors, petroleum products are considered to have the widest spillover impact, directly affecting not only commuting expenses but also freight transport, manufacturing, product distribution, and ultimately end-consumer retail prices.
VET Exclusive
Taking convenience a step further
Participants at a recent Vietnam Economic Times / VnEconomy forum shared their thoughts on promoting cross-border QR code payments.
Social housing loan interest rate set at 6.5% per annum, after six adjustments
The initial scale of the social housing loan program was VND120 trillion (nearly $4.62 billion), with participation from four state-owned commercial banks.
Broader access to purchasing power
A recent Vietnam Economic Times / VnEconomy forum heard how Vietnam’s cross-border QR payment system is entering a new era of expansion.
Vietnam's securities accounts surpass 14.1 million
Domestic individual investors overwhelming the market with around 14 million accounts.
Tax refunds exceeding VND149 trillion in 9 months
Of the total refunded amount, value-added tax refunds for exported goods and services accounted for the largest proportion, accounting for 84%.
Expectations for more budget contributions from private sector
While the private sector makes a significant and growing contribution to State budget revenue, there remain many issues in need of attention.
Converting value of forests into capital
The forestry sector is increasingly well-positioned to profit handsomely from turning the carbon value of forests into financial resources.