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.
Remittances to Vietnam in 2024 hit $16 bln
Ho Chi Minh City accounting for 60%.
Domestic gold price climbs to three-week high
Gold price in Vietnam higher than the global price around VND4 million ($156) a tael.
Steering committee for financial centers set up
The Politburo recently agreeing to establish international and regional financial centers in HCM City and Da Nang, respectively.
2024 credit growth reaches 15.08%
Total credit outstanding estimated at VND15.6 quadrillion ($610 billion).
Da Nang sets up steering committee on financial center development
The Government has issued a Resolution on promulgating the Action Plan on building regional and international financial centres in Vietnam.
Securities accounts reach 9.2 mln
The figure exceeding the target set for 2025.