Citi appoints Minh Ngo as country officer and banking head for Vietnam

Citi appoints Minh Ngo as country officer and banking head for Vietnam

Citi has announced the appointment of Minh Ngo as its country officer and banking head for Vietnam, as well as general director of its Ho Chi Minh City branch.
National Assembly reviews amendments to personal income tax law

National Assembly reviews amendments to personal income tax law

The NA is reviewing amendments to the Law of Personal Income Tax that lower rates and adjust brackets for all taxpayers.
Flexible tax regime proposed to better reflect actual incomes of household businesses

Flexible tax regime proposed to better reflect actual incomes of household businesses

A new draft Law on Personal Income Tax proposes a dual tax system and higher revenue thresholds, aiming to match tax obligations with actual incomes.
Banks raise deposit rates as funding pressure builds

Banks raise deposit rates as funding pressure builds

Deposit rates are climbing across the banking sector, with major lenders joining the upward shift since early November.
Banks boost provisions as bad debt eases towards year-end

Banks boost provisions as bad debt eases towards year-end

The banking system is reinforcing risk buffers as bad debt trends downwards and credit accelerates.
Investor accounts surge as stock market breaks records

Investor accounts surge as stock market breaks records

Liquidity, rising investor accounts, and major IPOs boost Vietnam’s stock market, strengthening its role as a key source of long-term capital.
Standard Chartered flags global infrastructure financing gap

Standard Chartered flags global infrastructure financing gap

Benjamin Hung of Standard Chartered says emerging markets must reset policies and capital flows to drive sustainable growth and resilience.
Ho Chi Minh City taps Ant International to strengthen fintech and IFC ambitions

Ho Chi Minh City taps Ant International to strengthen fintech and IFC ambitions

Ant Financial is supporting Ho Chi Minh City’s drive to become an IFC, focusing on innovation and talent development.
Nam A Bank and GCPF partner on climate adaptation finance

Nam A Bank and GCPF partner on climate adaptation finance

Nam A Bank and GCPF are teaming up to develop a climate adaptation finance framework for agriculture in Vietnam.
Thailand’s Café Amazon exits Vietnam after five years

Thailand’s Café Amazon exits Vietnam after five years

The chain, which entered Vietnam in November 2020, closed its last stores on November 18.
PVT Logistics debuts on HSX

PVT Logistics debuts on HSX

PVT Logistics listed over 66 million shares on the Ho Chi Minh City Stock Exchange (HSX) on November 19 under the stock code PDV.
JBIC and BIDV join forces to back Vietnam’s green transition

JBIC and BIDV join forces to back Vietnam’s green transition

JBIC and BIDV have partnered to advance Vietnam’s transition to low-carbon energy, supporting the country’s goal of carbon neutrality by 2050.
Vietnam’s financial sector drives $1 billion IPO surge

Vietnam’s financial sector drives $1 billion IPO surge

Vietnam’s financial services sector is fuelling a new growth cycle, with two major IPOs raising a combined $1 billion.
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