Standard Chartered Bank forecasts Vietnam’s Q3 GDP growth at 10.8 per cent

Standard Chartered Bank forecasts Vietnam’s Q3 GDP growth at 10.8 per cent

Standard Chartered Bank forecasts Vietnam’s GDP growth for Q3 and Q4 at 10.8 per cent and 3.9 per cent, respectively, taking full-year growth to 6.7 per cent. High global oil prices may have negative consequences on the economy.
Preparing MNCs for a global tax rate

Preparing MNCs for a global tax rate

The introduction of a global minimum corporate tax on the foreign profits of multinational corporations will affect Vietnam’s own tax plans. Annett Perschmann-Taubert, tax partner at PwC Vietnam, discussed with VIR’s Luu Huong the current tax landscape and how policies should be reformed in order to maintain momentum.
Local presence backing up Citi’s ability to support all

Local presence backing up Citi’s ability to support all

Through its relentless efforts in accelerating the growth of sustainable finance, multinational financial services corporation Citigroup has solidified its position. Peter Babej, CEO of Citi Asia-Pacific, discussed with VIR’s Luu Huong how the bank is advancing on its path towards sustainability with novel services for corporate clients, in this country and beyond.
Investors implored to expand funding channels to benefit

Investors implored to expand funding channels to benefit

Investors interested in pumping money into Vietnam are being urged to embrace flexibility in order to generate success across a wider range of investment channels.
Timing right for BCG Land’s public offering plans

Timing right for BCG Land’s public offering plans

Initial public offerings have been muted across the board as macroeconomic headwinds and market volatility colour the landscape.
Indochina Kajima launches Core5 Vietnam, a best-in-class industrial brand from the US

Indochina Kajima launches Core5 Vietnam, a best-in-class industrial brand from the US

On July 6, Indochina Kajima Development Company launched Core5 Vietnam – a Vietnam-based industrial real estate investment and development platform.
Collectius acquires more than $800 million of non-performing loans in Vietnam

Collectius acquires more than $800 million of non-performing loans in Vietnam

Collectius acquired its first portfolios in Vietnam, securing more than $800 million of NPLs from a local commercial bank.
Revenue remains a major concern for many commercial banks during digital transformation

Revenue remains a major concern for many commercial banks during digital transformation

Digital transformation should be considered an ongoing process for banks, in which competition and cooperation with other partners are top priorities.
Vietnam in good stead as Fed takes big action

Vietnam in good stead as Fed takes big action

The US Federal Reserve has raised interest rates by 75 basis points, the most aggressive increase since 1994, to combat rising inflation – but in Vietnam, a return to normal monetary policy is perhaps on the horizon for the State Bank of Vietnam.
Struggling lenders on verge of takeover

Struggling lenders on verge of takeover

The merger and acquisition outlook of Vietnamese banks, particularly acquiring faltering credit institutions to reorganise them, is picking up pace.
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