current vat rate may remain for foreseeable future

Current VAT rate may remain for foreseeable future

The government is to ask the National Assembly to continue with its current VAT rate of 8 per cent until the year’s end as part of the country’s efforts to assist enterprises currently facing operating obstacles.
techcombank targets strategic investor and announces dividend

Techcombank targets strategic investor and announces dividend

At Techcombank’s 2024 AGM on April 21, shareholder interest was notably high due to the bank's approach to dividends after several years of restrained distributions. Discussions also focused on seeking potential strategic investors to enhance shareholder value and on adopting a targeted approach to attract the affluent customer segment.
refinements necessary for stock market

Refinements necessary for stock market

Vietnam’s ambitious endeavour to upgrade its stock market is confronting formidable challenges, such as pre-funding complexities and potential market volatility.
mb aiming for 30 million customers by end of year

MB aiming for 30 million customers by end of year

At the 2024 AGM of Military Commercial Joint-Stock Bank (MB) in Hanoi on April 19, the bank unveiled ambitious business targets and strategic directions ahead of its 30th anniversary in November.
mb finalises strategy for acquisition of distressed bank

MB finalises strategy for acquisition of distressed bank

At Military Bank's (MB) AGM on April 19, CEO Pham Nhu Anh revealed that the bank has completed all necessary procedures for the compulsory transfer of a troubled bank, with a target completion date set for this year or 2025, contingent on government approval.
vietnam central bank postpones gold bar auction

Vietnam central bank postpones gold bar auction

The State Bank of Vietnam was to auction 16,800 taels of gold bars, branded by Saigon Jewelery Company (SJC), on the morning of April 22. However, an hour before the bid opening time, the central bank announced it was postponing the auction as there were not enough members to participate in the bidding and transfer deposits.
techcombank scoops two stevie awards

Techcombank scoops two Stevie Awards

Vietnam Technological and Commercial JSB (Techcombank) won in two categories at the 11th annual Asia-Pacific Stevie Awards, for Innovation in Brand Development and Most Innovative Marketing Team of the Year.
australia and vietnam to develop competitive electricity market

Australia and Vietnam to develop competitive electricity market

The Australian Embassy in Vietnam and the Electricity Regulatory Authority of Vietnam (ERAV) signed an MoU on April 17 to collaborate on the development of a competitive electricity market.
businesses take heed of the dual transition

Businesses take heed of the dual transition

Combining digital transformation with the green transition has become a more urgent requirement for enterprises to ensure business goals as well as social responsibility.
the keys to a just energy and coal fired transition

The keys to a just energy and coal-fired transition

The Just Energy Transition Partnership (JETP) is a centrepiece of Vietnam’s commitment to achieve net-zero greenhouse gas emissions by 2050. Agreed between Vietnam and members of the International Partners Group (IPG) in 2022, the JETP aims to support the transition to green energy by providing funding in the form of grants, low-interest loans and investments from both the public and private sectors.
boeing says testing of 787 proves aircraft is safe

Boeing says testing of 787 proves aircraft is safe

Boeing defended its safety practices Monday, touting aircraft testing protocols as it girds for a tough congressional hearing featuring critics of the embattled aviation giant.
mb secures prestigious software and it service awards

MB secures prestigious software and IT service awards

Military Commercial Joint Stock Bank (MB) has just clinched three Sao Khue Awards 2024, extending its winning streak to six consecutive years. The bank's innovative digital products - the Stellar fashion payment bracelet, the MB JCB Be The Sky card, and the mSeller sales management software - were honoured at the event.
pvtrans surpassed its 2023 financial targets

PVTrans surpassed its 2023 financial targets

PetroVietnam Transportation Corporation (PVTrans) held their 2024 AGM on April 15 in Ho Chi Minh City, presenting an ambitious review of its achievements and future strategies.
listing ambitions of vietnamese banks backed by leaders

Listing ambitions of Vietnamese banks backed by leaders

Several of Vietnam’s banks are gearing up to list on the Ho Chi Minh Stock Exchange, indicating a notable growth trajectory and an opportunity for capital augmentation.
norway stands ready to collaborate with vietnam in epr policy and practices

Norway stands ready to collaborate with Vietnam in EPR policy and practices

Vietnam is applying regulations on extended producer responsibility to its production industries. Deputy head of mission from the Norwegian Embassy in Vietnam, Mette Moglestue, talked with VIR’s Hoang Oanh about the experiences of her country in effectively implementing such regulations as well as the opportunities for cooperation with Vietnam.