Money

Deputy PM discusses financial centre development with ECB

By VNA March 25, 2025 | 15:00

With the country’s National Assembly expected to issue a resolution this year on the establishment of international financial centres, Binh said the Vietnamese Government hopes to obtain the ECB’s advice in shaping policies for financial regulation, investment attraction, risk management, and anti-money laundering efforts.

Exchange rate surpasses VND25,800 as pressure builds

By Song Thuy March 25, 2025 | 14:00

Commercial banks have simultaneously raised the VND-USD exchange rate, which has now exceeded the VND25,800 per dollar threshold. Since the beginning of 2025, the exchange rate at major state-owned lender Vietcombank has increased by 1.07 per cent.

Confidence remains in exchange rate stability

By Dung Vy March 25, 2025 | 10:00

While the exchange rate is benefiting from regulatory commitments and various supportive factors, risks may persist depending on US tariff policy.

USD/VND gap fuels ongoing exchange rate pressure

By Hong Dung March 25, 2025 | 09:00

Associate director of Rates Trading at HSBC Vietnam Vu Binh Minh spoke with VIR’s Hong Dung about possible US Federal Reserve plans and resulting exchange rate pressures.

New tax policies aim to bolster tech sector

By Khanh Linh March 24, 2025 | 15:20

Vietnam's Department of Taxation met with the US Consumer Technology Association on March 21.

HSBC and Mobile World sign sustainability-linked trade agreement

By Thanh Van March 24, 2025 | 14:39

Mobile World JSC, a member of Mobile World Investment Corporation, has secured a sustainability-linked trade loan with HSBC.

MB, HDBank, and VPBank to lift foreign ownership limit

By Thanh Van March 21, 2025 | 19:21

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

By Lien Thuy March 21, 2025 | 16:27

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

By Nguyen Huong March 21, 2025 | 14:23

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

By Song Thuy March 20, 2025 | 13:35

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

By Ha Truc March 19, 2025 | 15:21

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

By Tra My March 19, 2025 | 14:47

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

By Vy Vy March 19, 2025 | 14:00

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.