55 billion remittance flows to ho chi minh city in first nine months

$5.5 billion remittance flows to Ho Chi Minh City in first nine months

The flows of remittances to Ho Chi Minh City reached $5.5 billion in the first nine months of 2024, a 10 per cent increase against the same period last year, according to Nguyen Duc Lenh, deputy director of the State Bank of Vietnam’s Ho Chi Minh City branch, at a conference on October 11.
government considering tax on multiple properties

Government considering tax on multiple properties

The Ministry of Finance (MoF) is reviewing a proposal to tax individuals who own multiple properties to promote a more transparent and sustainable real estate market, according to Deputy Minister Nguyen Duc Chi on September 27.
na vice chairman lauds heineken vietnams three decade track record

NA Vice Chairman lauds Heineken Vietnam’s three-decade track record

National Assembly Vice Chairman Nguyen Duc Hai on August 30 lauded Heineken Vietnam's impressive track record spanning over more than three decades, saying that it has been instrumental in fostering the Vietnam-Netherlands and the Vietnam-European Union partnerships.
vpbank highlights smbc deal at agm

VPBank highlights SMBC deal at AGM

Nguyen Duc Vinh, CEO of VPBank, spoke of the significant strides made last year at the bank's AGM on April 29, despite the challenges. A highlight of the year was VPBank selling a stake to Sumitomo Mitsui Banking Corporation (SMBC), infusing nearly $1.5 billion into the bank and positioning VPBank for growth as the economy recovers.
revised land law expected to drive remittances to real estate market experts

Revised Land Law expected to drive remittances to real estate market: Experts

The Land Law (revised), which expands land use rights for overseas Vietnamese (OV) and Vietnamese citizens residing abroad, meets the aspirations of OVs and contributes to mobilising investment resources to Vietnam at the same time, said Nguyen Duc Hieu, standing member of the National Assembly (NA) Economic Committee.
embassy sends delegation to assist vietnamese in quake hit ishikawa prefecture

Embassy sends delegation to assist Vietnamese in quake-hit Ishikawa prefecture

The Vietnamese Embassy in Japan on January 4 sent a working delegation, led by Minister Nguyen Duc Minh, to Ishikawa prefecture, which was hardest hit by the earthquake that occurred on January 1 to assess the situation and provide assistance for Vietnamese citizens facing difficulties there.
vpbank ceo addresses challenges and strategies for vietnams real estate sector

VPBank CEO addresses challenges and strategies for Vietnam's real estate sector

At a conference on real estate and social housing development on November 13, VPBank CEO Nguyen Duc Vinh outlined the obstacles facing Vietnam's real estate market, attributing them to both external and internal factors.
tax authority returns nearly 3 billion in vat

Tax authority returns nearly $3 billion in VAT

In the first seven months of 2023, Vietnam's tax authority has refunded $2.93 billion in VAT to businesses, with 80 per cent of the refunds made under the refund first, audit later scheme.
vpbank ceo outlines policy responses and growth prospects amidst economic challenges

VPBank CEO outlines policy responses and growth prospects amidst economic challenges

At a virtual conference on July 16 to review the Vietnamese banking sector's first-half performance and plot its course for the remainder of the year, Nguyen Duc Vinh, CEO of Vietnam Prosperity Joint-Stock Commercial Bank (VPBank), underscored the decisive role of the government and various sectors in stimulating the national economy.
samsung vietnam where dreams come true

Samsung Vietnam: Where dreams come true

Following 15 years of successfully achieving remarkable feats in Vietnam, Samsung has now set its sights on fostering a prosperous economy, fulfilling the aspirations of the Vietnamese populace, and cultivating a deep and enduring appreciation for the Samsung brand within the region.
vietnam a strategic market of aeon vietnam

Vietnam-A strategic market of AEON Vietnam

Identifying Vietnam as the second key investment market behind Japan, AEON has continuously expanded its investment in this country.
leather industry faces challenges to maintain growth

Leather industry faces challenges to maintain growth

The Vietnam Leather, Footwear and Handbag Association (Lefaso) expects to face many challenges this year in its efforts to maintain growth in the industry, according to the company's chairman, Nguyen Duc Thuan. This is despite the sector overcoming many difficulties to achieve impressive export turnover in 2022.
urgency required to build an economy that is self reliant

Urgency required to build an economy that is self-reliant

Prime Minister Pham Minh Chinh has underlined the importance of an independent and self-reliant economy, embracing effective international integration. Dr. Nguyen Duc Kien, head of the PM’s Economic Advisory Group, talked with Manh Bon about how to build an independent and effective economy as Vietnam integrates globally.
mof points out five key tasks of securities sector in 2023

MoF points out five key tasks of securities sector in 2023

Deputy Minister of Finance Nguyen Duc Chi has laid out the key tasks for the securities sector this year.
foreign investment rapidly rebounds with record breaking disbursement

Foreign investment rapidly rebounds with record-breaking disbursement

According to a recent report from the Foreign Investment Agency (FIA) of the Ministry of Planning and Investment (MPI), foreign investment capital in 2022 is set to reach $22.4 billion, a 13.5 per cent increase over 2021.