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04/01 14:33

Banks deliver bright profit picture Banks have continued to post promising profits for 2024, buoyed by strong credit growth in the latter half of the year.

04/01 14:33

Legal framework for Mobile Money awaited An official legal framework for Mobile Money is expected to be issued early to promote cashless payment in rural and remote areas when the official pilot implementation ends on Tuesday.

04/01 14:32

ABBANK appoints Phạm Duy Hiếu as CEO The Board of Directors of An Bình Commercial Joint Stock Bank's (ABBANK) has named Phạm Duy Hiếu as the bank’s CEO with effect from January 1, 2025.

04/01 14:31

DFC to boost financial inclusion in Vietnam The US International Development Finance Corporation (DFC) approved 22 new transactions for the first quarter of 2025 on January 2, including a loan to Southeast Asia Commercial Joint Stock Bank (SeABank).

04/01 14:29

Experts ponder exchange rate prospects for 2025 The VND-USD exchange rate has been fluctuating continuously throughout 2024, setting record highs in the final week of the year. The exchange rate pressure is expected to persist into 2025 as ...

03/01 20:34

Standard Chartered promotes green and sustainable financing in Việt Nam’s education sector Standard Chartered demonstrates its support for education sector clients by leveraging its extensive suite of sustainable finance products, helping to accelerate their transition to a more sustainable future.

03/01 14:08

Banking industry to focus on bad debt handling targets in 2025 The non-performing loan (NPL) ratio of the banking system (excluding NPLs of weak commercial banks) needs to be controlled at below 3 per cent by the end of 2025.

02/01 18:45

Vietnam set to extend VAT cut for six months This measure is expected to accelerate the recovery of production and business activities, which will ultimately benefit the state budget and the economy as a whole.

02/01 18:45

Vietnam’s stand-out tax outlook Vietnam’s tax environment stands out with high morale, trust in authorities, and a strong commitment to national development, which make it a magnet for foreign investors seeking predictability.

02/01 13:18

HCM City leads the country in budget revenue HCM City’s total state budget revenue in 2024 was estimated at VNĐ508.5 trillion (US$19.96 billion), or 105.3 per cent of the target and 13.3 per cent up from 2023, according to the municipal ...

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