Market likely to expand bearish trend: analysts

Market likely to expand bearish trend: analysts

Markets experienced the worst performance since March 2020 last week due to strong selling pressure. Experts said that with the current conditions, downside risk is still dominating the market.
VN-Index breaches 1,200 points on aggressive sell-offs

VN-Index breaches 1,200 points on aggressive sell-offs

Indices continued to fall sharply on Friday, with more than 260 stocks traded on main exchanges hitting floor prices.
Nation urged to prepare for tax overhaul

Nation urged to prepare for tax overhaul

Tax incentives have always been a key factor in attracting foreign direct investment into Vietnam. However, concerns are arising as a global minimum tax agreement threatens to shake up the entire system and, therefore, foreign funding prospects.
ACCA Futurist 2022 offers golden opportunities for young talents

ACCA Futurist 2022 offers golden opportunities for young talents

ACCA Futurist 2022 offered 50 scholarships to support and encourage young Vietnamese to access international certificates on May 11.
Citi supports Vietnam’s climate action commitment

Citi supports Vietnam’s climate action commitment

On May 10, the MoNRE and Citi Vietnam signed an MoU to cooperate in their environmental, social, and governance (ESG) agenda towards the net zero target of the nation.
IFC and HDBank scale up finance for SMEs

IFC and HDBank scale up finance for SMEs

On May 11, the IFC and HDBank signed an MoU to support small- and medium-sized enterprises (SME) to scale up finance and participate in global supply chains.
Vietnam seeks cooperation with US to develop healthy stock market

Vietnam seeks cooperation with US to develop healthy stock market

Vietnam expects the US to share its experience in developing the financial market in a healthy, safe, and transparent manner, to contribute to national macroeconomic stability, Prime Minister Pham Minh Chinh told the US Secretary of the Treasury Janet Yellen on May 11 (US time) during his visit to the country.
Market upgrade checklist still needs completed for Vietnam

Market upgrade checklist still needs completed for Vietnam

Despite a stellar economic performance, Vietnam’s stock market is still some way off an upgrade to emerging market designation, with a series of efforts requiring implementation in order to bring the domestic landscape in line with international standards.
Vietcombank and MB will take part in reconstructing CBank and Ocean Bank

Vietcombank and MB will take part in reconstructing CBank and Ocean Bank

Vietcombank and MB would participate in the reorganisation of two weak banks, Construction Bank (CBank) and Ocean Bank.
Digital, data, and human excellence are key in Techcombank’s transformation journey

Digital, data, and human excellence are key in Techcombank’s transformation journey

Hanoi-headquartered Techcombank recorded another year of stellar financial performance and growth in 2021.
Citi furthers its leadership in digitalisation and innovation in Vietnam

Citi furthers its leadership in digitalisation and innovation in Vietnam

Vietnam is one of the most dynamic emerging countries in Asia. Economic reforms since 1986 have helped transform it from an underdeveloped nation to a middle-income economy, and foreign direct investment has increasingly flowed into Vietnam’s manufacturing sector. Vietnam is now a leading production centre in Asia for the world, and has great potential and the necessary infrastructure for further development.
Vietnam will raise special consumption tax on cigarettes, beer, and spirits

Vietnam will raise special consumption tax on cigarettes, beer, and spirits

Cigarettes, beer, and spirits in Vietnam will be subject to an increased special consumption tax (SCT)
Unique consumer loans targeting ride-hailing drivers

Unique consumer loans targeting ride-hailing drivers

Homegrown ride-hailing firm Be Group has deeped its financial sector push by introducing consumer loans to driver-partners.
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