Banking & Finance
Remittances to HCM City reached $2.41 bln in Q1
Of the figure, nearly $1.76 billion transfered through remittance companies.
Banking & Finance
NAPAS brings Apple Pay to customers in Vietnam
Apple Pay is an easy, secure and private way to pay in-store, in-app and online.
Banking & Finance
Banks encouraged to join $3.8 bln credit package for agro-forestry and fishery enterprises
So far 15 commercial banks registering to participate in the credit program.
Over $10.9 bln of public investment capital disbursed in 8M
The figure equal to 40.49% of the 2024 target set by the Prime Minister.
ASEAN: The destination of global investment flows
Amidst a global downturn in foreign direct investment (FDI), ASEAN has consistently bucked the trend, marking its third consecutive year of growth. This sustained increase underscores ASEAN's position as a key destination for FDI.
Unknown outcome from higher excise tax rates
Much debate surrounds the introduction of higher excise tax rates on alcoholic beverages and the benefits or otherwise.
Four Vietnamese firms licensed to provide credit rating services
Enterprises providing credit rating services must obtain a certificate of eligibility from the Ministry of Finance.
Credit institutions permitted to expand credit quotas
To be eligible for the expansion, credit institutions must fulfil at least 80% of the annual quotas set from early year.
2023 revenue of top 500 value-creating firms hits VND9 quadrillion ($359 bln)
The energy and petrol sector took the lead in terms of revenue with over VND 1.9 quadrillion ($76 billion).