Shares decline on banking stocks

Shares decline on banking stocks

Shares reversed on Thursday due to the abrupt declines of large-caps in the banking group towards the final minutes of trading.
MB completes selection of strategic partner for commercial joint venture in Cambodia

MB completes selection of strategic partner for commercial joint venture in Cambodia

Today (December 2), MB and Shinsei Bank signed the master agreement on the establishment of a commercial joint venture bank in Cambodia.
Viettel to launch mobile money service

Viettel to launch mobile money service

Viettel is the last Vietnamese telecom giant to join the mobile money race.
Stock market attracts more foreign investors

Stock market attracts more foreign investors

The number of accounts owned by foreign individuals and organisations in Vietnam’s stock market had hit more than 38,000 as of September 2021, a year-on-year surge of 34.7 percent.
Nhat Tin Logistics issues $2.17 million bonds to facilitate expansion

Nhat Tin Logistics issues $2.17 million bonds to facilitate expansion

Nhat Tin Logistics has successfully issued VND50 billion ($2.17 million) corporate bonds under a private placement to step up its expansion plan.
Mirae Asset officially launches Miraeasset Credit

Mirae Asset officially launches Miraeasset Credit

Miraeasset Credit has been launched as a strategic financial solution to satisfy customers’ financial needs and connect them with retail partners.
Resolution upgrade sought to craft transparent debt market

Resolution upgrade sought to craft transparent debt market

Five years of banking reform are at risk of being wiped away if the bad debt ratio rises again, requiring new legislation for debt settlement with judicious changes to the present framework. Nevertheless, the detrimental influence of the pandemic is not predicted to significantly lower banks’ profit adjustment, credit growth, or net interest margin.
Prompt adjustments ensure remedy for enterprises

Prompt adjustments ensure remedy for enterprises

The economic crisis caused by the spread of the COVID-19 pandemic has prompted an extraordinary response in Vietnam, driven by monetary and fiscal policy.
HPA holds tax training conference on Circular No.80/2021/TT-BTC

HPA holds tax training conference on Circular No.80/2021/TT-BTC

HPA held a training seminar on the new circular guiding the implementation of the Law on Tax Administration and Decree No.126/2020/ND-CP.
Policy credit aids the fight against COVID-19

Policy credit aids the fight against COVID-19

The active engagement of VBSP has provided ample support the government’s efforts to combat the pandemic and protect the most vulnerable in society.
Bold reforms for equitable access to finance by promoting microfinance

Bold reforms for equitable access to finance by promoting microfinance

While most of the fundamentals are in place, and Vietnam’s capital markets are positively flourishing, with rising bank coverage and a robust fintech scene, there is surprisingly little in the way of microfinance institutions. Vietnam needs to bring its regulatory framework up to speed to open up the way for this important financing channel for the benefit of individuals and small-scale enterprises.
Profit growth setting up PVI Insurance for further gains

Profit growth setting up PVI Insurance for further gains

Despite mounting hardships, many businesses have weathered stormy times to post upbeat performance – and Vietnam’s most profitable non-life insurer, PVI Insurance, is a shining example.
Remittance to Vietnam to reach $18.1 billion in 2021

Remittance to Vietnam to reach $18.1 billion in 2021

Remittance inflows to Vietnam are predicted to reach $18.1 billion in 2021, according to a recent announcement from the World Bank and KNOMAD.
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