Fintech enterprises deploying innovative e-wallet initiatives to capture fair share

Fintech enterprises deploying innovative e-wallet initiatives to capture fair share

A wide variety of innovative payment systems are expected to assist Vietnam in moving closer to its objective of achieving financial inclusion and a cashless society in the not-too-distant future. However, there will be fierce competition.
Adjustments drawn up for tax support for enterprises

Adjustments drawn up for tax support for enterprises

The Vietnamese government is expeditiously offering the business community assistance in the form of tax relief schemes and other payment extensions.
Mastercard and Vesta to deliver enhanced fraud detection

Mastercard and Vesta to deliver enhanced fraud detection

Mastercard and fraud protection platform Vesta have announced a new strategic partnership to deliver state-of-the art fraud management solutions.
Over 809 million USD worth of bonds expires in March

Over 809 million USD worth of bonds expires in March

Nearly 227.6 trillion VND (9.6 billion USD) worth of corporate bonds is going to expire this year, of which about 19 trillion VND matured or was repurchased before maturity in the first two months of the year, according to data compiled by the Hanoi Stock Exchange (HNX).
Global Minimum Tax a head-scratcher for Vietnamese policymakers

Global Minimum Tax a head-scratcher for Vietnamese policymakers

As many countries plan to adopt the Global Minimum Tax Rate (GMTR) in 2024, experts are concerned that the entry into force of the rate would discourage foreign companies from locating their operations in low-tax countries.
Building a reliable corporate bond market

Building a reliable corporate bond market

Many businesses will see their bonds mature in 2023, with about $6.5-8.7 billion being due.
BAC A BANK offers special gifts to female customers

BAC A BANK offers special gifts to female customers

To honour its customers, and especially women on the occasion of Women's Day, BAC A BANK is implementing a special programme offering gifts to female customers.
F88 raises $50 million in Series C funding round

F88 raises $50 million in Series C funding round

F88 Investment JSC announced that it successfully raised a Series C investment of $50 million. The two main investors in this round are Vietnam-Oman Investment Fund and the Mekong Enterprise Fund IV.
Real estate bailout eyes credit recovery

Real estate bailout eyes credit recovery

The Vietnamese government and banks have developed a strategy to improve the credit status of Vietnamese real estate businesses by offering a $5 billion loan package.
Restoring confidence at centre of bond provisions

Restoring confidence at centre of bond provisions

The newly introduced alternatives to a corporate bond decree are envisaged to lay a foundation for issuers to address their difficulties, relieve liquidity strains, and gradually restore investor confidence.
Exchange rate spike not deemed an imminent threat

Exchange rate spike not deemed an imminent threat

The USD exchange rate on the morning of February 24 on the free market and banks both increased sharply compared to the previous session, exceeding the threshold of VND24,000.
Citi completes sale of Vietnam consumer banking business

Citi completes sale of Vietnam consumer banking business

Citi has announced it has completed the sale of Citi’s Vietnam retail banking and consumer credit card businesses to United Overseas Bank Limited (UOB), which includes the transfer of approximately 575 staff.
Firms rebooting capital hike plans

Firms rebooting capital hike plans

Many firms are resuming their capital hike plans through stock issuances in an attempt to mitigate their financial constraints.
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