Banking & Finance Central bank raises credit growth quota to support economic development As of July 28, total outstanding loans increased 9.64% compared to the end of last year.
Banking & Finance Corporate bond market key to financing Vietnam’s $245 bln infrastructure plan: VIS Rating Private investment has become one of key growth drivers.
Banking & Finance Vietnam celebrates 25th anniversary of stock market From just two companies and a market capitalization of only 0.2% of GDP at inception, the capital market now accounts for nearly 100% of GDP.
Government proposes 2% VAT cut for first half of 2025 Incentive aimed at supporting business and production activities. 29/11/2024
SBV raises credit growth targets for banks Overall credit growth stood at 11.12% year-on-year as of November 22. 29/11/2024
State bank proposes hefty fines for banking offenses Draft proposes adding numerous sanctions and increasing fines for administrative violations. 28/11/2024
Domestic gold prices plunge further Selling price of SJC-branded gold bars fell VND1.3 million ($51) on November 26 compared to the day prior. 27/11/2024
Domestic gold prices fall amid global downtrend SJC-branded gold bars sold for VND400,000 ($15.7) per tael less than last week on November 25. 26/11/2024
VIS Rating: Banks’ asset risk stable in 9M Asset risk shielded by limited exposure to typhoon-hit northern region. 25/11/2024