sbv tweaks exchange rate to ease tensions

SBV tweaks exchange rate to ease tensions

Experts supported the State Bank’s move to adjust the exchange rate, adding that it would help boost exports and stabilise the foreign exchange market.
pit changes to hit the back pocket

PIT changes to hit the back pocket

The taxable income threshold for personal income tax will rise to VND9 million per month from July 1 in a government move to ease tax burden amid economic woes.
investors shift as bond yield drops

Investors shift as bond yield drops

The continuous drop in government bond yields during recent months have caused investors to seek new investment channels.
binh tips dollar rate to drop

Binh tips dollar rate to drop

Foreign currency mobilisation rates are tippled to fall.
cit rate down to 22 per cent

CIT rate down to 22 per cent

The application of a 22 per cent corporate income tax rate and the retention of a controversial advertising and promotional cap were two law-making highlights last week.
vietinbank to roll 1202 million to hoa sen group

Vietinbank to roll $120.2 million to Hoa Sen group

Vietinbank will provide Hoa Sen Group with VND2.5 trillion ($120.2 million) in loans for the latter to construct two cold rolling lines.
fpt toasts healthy business results

FPT toasts healthy business results

FPT, the leading provider of software outsourcing services in Vietnam, has just announced spectacular revenue amid the brutal economy.
vir report scoops press award

VIR report scoops press award

A VIR reporter has won a National Press award for an article highlighting transfer pricing
corporate bonds look good in comparison

Corporate bonds look good-in comparison

Good times are on the way for Vietnam’s corporate bond market thanks to a sharp decrease in government bond yields and banking interest rates.
mas top of the pops

M&As top of the pops

Vietnam’s mergers and acquisitions market is expected to be more vibrant thanks to a raft of simplified legal procedures.
npl problem on back burner

NPL problem on back burner

The State Bank is sticking to its guns despite foreign investors’ frustration over a year-long delay of the application of new debt classification regulations.
npls continue to climb north

NPLs continue to climb north

Vietnam’s bad debt ratio averaged 3.94 per cent per month in the first four months of 2013, according to statistics reported by credit institutions a dramatic slowing compared to the same period in 2012.
bond jump reflects badly on growth

Bond jump reflects badly on growth

Vietnam’s government bond market is growing fast, even as yields continuously hit record lows.
social housing to unlock property impasse

Social housing to unlock property impasse

Social housing is a centerpiece of the government’s efforts to revive the moribund property market. Nguyen Tran Nam, Deputy Minister of Construction (MoC), talked with VIR’s Duc Minh about various aspects of the stimulus package designed to benefit end-users, developers and the state.
citing delays kumho seeks tax refund

Citing delays, Kumho seeks tax refund

Kumho Asian Plaza Saigon is demanding a refund of import tax paid for equipment imported to serve its projects.