MB, HDBank, and VPBank to lift foreign ownership limit

MB, HDBank, and VPBank to lift foreign ownership limit

Banks with mandatory transfers like MB, HDBank, and VPBank can now raise their foreign ownership limit to 49 per cent.
Banks cut rates to boost business

Banks cut rates to boost business

Commercial banks have been playing a crucial role in supporting economic growth through their recent interest rate reductions.
Bank of China offers support for Vietnam to build international financial centres

Bank of China offers support for Vietnam to build international financial centres

Deputy Minister of Finance Tran Quoc Phuong received a delegation from the Bank of China (BOC) on March 19 to discuss the development of financial centres.
Securities firms raise capital in anticipation of market upgrade

Securities firms raise capital in anticipation of market upgrade

Securities firms are planning massive capital hikes in 2025 as the stock market awaits positive news with long-term supporting factors.
Stock market enters crucial growth phase

Stock market enters crucial growth phase

The stock market outlook for March is paving the way for sustainable growth, supported by key factors such as the anticipated market upgrade, favourable economic policies, and progress in system implementation.
Digital asset legal clarity now imminent

Digital asset legal clarity now imminent

A comprehensive legal framework for managing digital assets and cryptocurrencies will not only help Vietnam earn vast sums of foreign currency annually, but also create a safe investment environment for a sector that is currently seen as a grey area.
Deposit rate drops ensure banking system stability

Deposit rate drops ensure banking system stability

Vietnam’s move to cut treasury bill rates, inject long-term liquidity, and support lower deposit rates is a strategic step to ensure banking system stability and reduce capital costs.
Tapping into millions of holders of digital assets

Tapping into millions of holders of digital assets

Building a suitable legal framework for digital assets could help Vietnam generate an additional $100 billion to boost innovation and digital economic development.
ADB, Vinschool sign sustainability-linked loan for Vietnam’s education sector

ADB, Vinschool sign sustainability-linked loan for Vietnam’s education sector

The Asian Development Bank (ADB) signed a $150 million loan with Vinschool JSC on March 18.
Social media giants pay $109 million in February taxes

Social media giants pay $109 million in February taxes

Names including Google, Meta, and TikTok paid $109.3 million in Vietnamese taxes in February.
E-tax system resumes full operations after temporary suspension

E-tax system resumes full operations after temporary suspension

The suspension, which lasted from 5pm on March 12 until 8am on March 17, was necessary to enhance tax management and implement structural changes.
Sweden’s Vilja makes its foray into Vietnam to support digital banking

Sweden’s Vilja makes its foray into Vietnam to support digital banking

On March 13, Vilja announced its expansion into Vietnam.
Vietnam and EIB strengthen financial cooperation

Vietnam and EIB strengthen financial cooperation

Efforts are underway to deepen financial ties between Vietnam and the European Investment Bank.
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