Banking & Finance
HCM City's outstanding credits reach $200bln in Q1
Credit growth mainly focused on economic growth drivers as well as businesses and production sectors.
Property
Real estate continues to lead M&A activity
Beyond the residential segment, industrial real estate and logistics have also become prime destinations for M&A capital.
Banking & Finance
Crypto assets defined as non-taxable objects for VAT purposes
For individual investors, regardless of their residency status, income from crypto asset transfers will be subject to Personal Income Tax at a rate of 0.1% of the transfer price per transaction.
HCM City jumps 11 positions in Global Financial Centers Index
The improved standing signals meaningful gains in upgrading the financial business environment, strengthening infrastructure and deepening connectivity with international markets.
Special remuneration mechanism proposed for financial center experts
The applicable subjects include the Chairperson, Vice Chairpersons, and members of the Executive Council; personnel working in the Assisting Body and the Advisory Council; and other relevant agencies, organizations, and individuals.
Cross-border QR code payment services between Vietnam and China launched
Under the new arrangement, Chinese tourists can use Alipay - a member wallet of Ant International - to scan VIETQRGlobal codes and make direct payments at merchants within NAPAS’ network across Vietnam.
San Francisco Mayor pledges to promote investment in Vietnam’s International Financial Center
The pledge is made during a meeting in San Francisco between Vietnamese Standing Deputy Prime Minister Nguyen Hoa Binh and Mayor Daniel Lurie.
Govn't approves $303mln boost to fuel price stabilisation fund
The move aiming to ease pressure on prices and support market stability.
How to access transition finance?
Vietnam must provide “brown” enterprises with a workable pathway to access transition finance and modernize their operations.