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.
Environmental tax cut on fuel products proposed to be extended
The 50% reduction in environmental tax proposed to be continued until the end of 2025.
Pressure on monetary policy to be alleviated
International organizations have emphasized that caution is needed regarding monetary policy in Vietnam given the ongoing conditions.
Capital mobilization in HCM City shows positive growth
By the end of September, total capital mobilization this year reached over $149 billion), up 7.76% compared to the end of 2023 and 13.2% year-on-year.
Export firms in HCM City get credit priority
Total outstanding credits in Vietnam dong with preferential interest rates for export enterprises in the city reached VND105 trillion ($4.17 billion) in the past ten months.
No anti-dumping duties to be imposed by the US on aluminum extrusions from Vietnam
The result came after the US International Trade Commission on October 30 released its final decision on an anti-dumping investigation concerning aluminum extrusions imported from 14 countries and territories, including Vietnam.
Domestic gold price increases following global trend
The selling price of gold bars hitting $3,353 per tael on October 30.