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.
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).
Vietcombank starts to sell gold bullion via mobile app
This is the first bank offering the service.
The rise of Southeast Asia and the influence of Vietnamese banks
Of the top 200 largest Southeast Asian companies ranked by Fortune, 34 were banks, and Vietnam proudly contributed 12 of them, highlighting the significant growth and stature of Vietnam’s financial market within the region.
Capital disbursement for key transport projects estimated at $1.73 bln in 7M
Disbursement for some projects exceeding 50% target, including the North-South expessway.