Banking & Finance
PM issues Dispatch on increasing credit to year’s-end
Move must ensure sufficient credit capital for the economy and secure the system of credit institutions.
Banking & Finance
Remittances expected to soar by year’s-end
Vietnam is among the top 10 countries receiving remittances, exceeding $10 billion a year, with growth in 2023 to be significant.
Banking & Finance
Hai Phong cuts 30% of land rental fees for businesses at EZ
Northern port city has attracted 511 FDI projects to date to EZs and IPs.
Hai Phong disburses just 52% of annual public investment target
$475 million disbursed in northern port city in the first ten months of 2023.
Enhancing wealth management capabilities in Vietnam
Institutions need to offer tailored financial advisory solutions across the wealth continuum and consider cost and scalability to capitalize on the huge opportunities in wealth management in Vietnam.
SBV stops issuing T-bills from November 9
Total value of T-bills issued over the last 34 sessions stands at nearly $14.7 billion.
Corporate bonds issued in October up over 6% in value
Total value of more than $852.5 million an increase against October 2022 but down against September.
Twenty-seven centrally-run localities look to reduce estimated loan capital
Loan capital reductions estimated to total about $225 million.
Foreign service providers pay $479mln in taxes in 10M
Major providers include Google, Apple and Meta pay taxes in first ten months.