AI takes centre stage for overall successes

AI takes centre stage for overall successes

The adoption of AI to address urgent global issues is also taking place in Vietnam, with AI-enabled tech slated to drive forward digital transformation across areas as diverse as healthcare, transport, and education.
Vietnamese groups seeing more promise in US listing

Vietnamese groups seeing more promise in US listing

A series of Southeast Asian tech startups going public in the United States is creating a rippling impact throughout the ecosystem, particularly on Vietnamese companies. Nevertheless, a listing is just the beginning of the journey with significant fees and stringent scrutiny all parts of the package.
Incredible potential in reach for fintech

Incredible potential in reach for fintech

Fuelled by generous amounts of venture capital, Vietnam’s fintech landscape is flying high on Singaporean investors’ agenda, promising to offer more innovative customer value propositions than traditional banks.
Regret expressed for stock market capacity shortcomings

Regret expressed for stock market capacity shortcomings

Technical outages at the Ho Chi Minh City Stock Exchange will be addressed with the help of tailor-made solutions from domestic and foreign partners – but Vietnam’s equity market, nevertheless, remains out of the loop when it comes to international classification upgrades.
New rule reshuffles tax burden

New rule reshuffles tax burden

While new efforts from the Vietnamese government to press e-commerce platforms to declare and pay tax on behalf of individual vendors and business households would unscramble tax enforcement for local authorities, e-commerce platforms are pushing back against the extra burden placed on them.
Foreign investor participation crucial for operations

Foreign investor participation crucial for operations

The mega-deal between Sumitomo Mitsui Financial Group and FE Credit is expected to rewrite the consumer finance landscape in Vietnam.
Non-performing loans rise with restructuring

Non-performing loans rise with restructuring

Banks have experienced a significant bad debt formation while implementing strict provisioning to control non-performing loans amid pandemic struggles – however, debt restructuring portfolios will slightly increase in 2021 as related conditions are expanded.