twelve banks clear all bad debts at vamc Twelve banks clear all bad debts at VAMC

09:10 | 06/02/2020 Finance - Banking

Twelve out of 40 commercial banks have so far cleared all their non-performing loans (NPLs) kept at the Vietnam Asset Management Company (VAMC).
sbv takes credit for stability record foreign reserves SBV takes credit for stability, record foreign reserves

09:07 | 30/01/2020 Finance - Banking

(VEN) - The banking sector played an important role in Vietnam’s economic achievements of the past year, helping the country reach gross domestic product (GDP) growth of 7.02 percent and fulfill targeted macroeconomic indicators. Flexible monetary and exchange rate policies created an impetus for the development of commercial banks and the economy, while improving investor confidence.
customs and tax authorities try to make life easier for enterprises Customs and tax authorities try to make life easier for enterprises

13:35 | 23/01/2020 Finance - Banking

(VEN) - Over the past year, Vietnam’s customs and tax authorities have taken steps to reform administrative procedures, improve the business environment and help enterprises perform their integration commitments in the most efficient manner.
current policies still leave smes thirsting for capital Current policies still leave SMEs thirsting for capital

09:00 | 14/01/2020 Finance - Banking

(VEN) - Although bank credit for small and medium enterprises (SMEs) has surpassed the economy’s credit growth, SMEs are still thirsty for capital.
pm attends teleconference of banking sector PM attends teleconference of banking sector

10:08 | 07/01/2020 Finance - Banking

The State Bank of Vietnam (SBV) held a teleconference in Hanoi on January 2 to set out tasks for the banking sector in 2020 in the presence of Prime Minister Nguyen Xuan Phuc.
hanois budget revenue rises 135 percent against 2018 Hanoi’s budget revenue rises 13.5 percent against 2018

09:15 | 03/01/2020 Finance - Banking

As of December 31, 2019, Hanoi posted total budget revenue of over VND249 trillion (US$10.74 billion) since the beginning of the year, equivalent to 101.5% of the year’s estimate and up 13.5% over the same period in 2018.
daegu bank of rok to open branch in hcm city Daegu Bank of RoK to open branch in HCM City

10:35 | 26/12/2019 Finance - Banking

Daegu Bank of the Republic of Korea (RoK) is preparing to open a branch in Ho Chi Minh City after getting the green light from the State Bank of Vietnam (SBV).
free trade agreements increase tax collection Free trade agreements increase tax collection

11:04 | 22/12/2019 Finance - Banking

The signing and implementation of free trade agreements has increased Việt Nam's tax collection this year, said Lưu Mạnh Tưởng, director of Import-Export Tax Department under Vietnam Customs.
insurance industry embraces fourth industrial revolution Insurance industry embraces fourth industrial revolution

10:27 | 17/12/2019 Finance - Banking

(VEN) - Insurance companies are taking action to speed up the application of Industry 4.0 technology to enhance its development.
e payment helps prevent money laundering corruption deputy pm E-payment helps prevent money laundering, corruption: Deputy PM

09:05 | 14/12/2019 Finance - Banking

Deputy Prime Minister Vu Duc Dam affirmed that promoting electronic payment will not only help to increase capital flows and prevent money laundering and corruption but will also promote the Internet economy.
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