Banking & Finance
PM issues Dispatch on increasing credit to year’s-end
Move must ensure sufficient credit capital for the economy and secure the system of credit institutions.
Banking & Finance
Remittances expected to soar by year’s-end
Vietnam is among the top 10 countries receiving remittances, exceeding $10 billion a year, with growth in 2023 to be significant.
Banking & Finance
Hai Phong cuts 30% of land rental fees for businesses at EZ
Northern port city has attracted 511 FDI projects to date to EZs and IPs.
Silverlake Axis launches in Vietnam under partnership with KMS Solutions
KMS to take on the role of Go-to-Market Partner in Vietnam for Silverlake Axis.
VPBank & SMBC complete private issuance
Vietnamese bank sells 15% to Japanese bank to make it a strategic shareholder.
Vietnam working to be removed from IMF ‘grey list’ on money laundering
Ministries and agencies asked to accelerate anti-money laundering efforts at a national conference on October 18.
2% VAT reduction may continue into 1H 2024
Cost to State budget estimated at over $1 billion.
SBV continues to supervise credit for risky areas
Credit institutions invested $8.54 billion in corporate bonds in 7M, down 15%.
Techcombank’s HCMC headquarters offers ‘Spirit of the South’
Compared to the ancient features in its Hanoi headquarters, Techcombank’s new HCMC headquarters boasts a modern design.