Banking & Finance
Domestic investors withdrew $588mln from stock market last year
Move attributed to bank interest rates growing in appeal.
Banking & Finance
Over $10.8bln in corporate bonds issued in 2022
Banking sector led in issuing bonds of over VND136.7 trillion ($5.74 billion) last year.
Banking & Finance
2022 personal income tax revenue hits $7bln
Figure exceeds annual target by 38 per cent.
Standard Chartered Vietnam honored by Vietnam Securities Depository
Bank picks up three awards for strong market recognition and client confidence in its services.
2022 budget collections top $74.7bln
Collections from imports and exports reached VND280 trillion ($11.7 billion).
Banking system helps strengthen macroeconomy
The banking system has contributed to controlling inflation and maintaining high economic growth.
Deputy Finance Minister calls for stock market revamp
Drastic solutions needed to promote the sustainable development of Vietnam’s stock market.
Lending rates to soon cool
Analysts believe that loan interest rates will soon cool down following management from the central bank and moves by commercial banks.
2022 credit growth at nearly 13%
Total loans in Vietnam’s banking system during 2022 reached some $497.9 billion.