Clearing queries about tax, customs policies

16:01 | 12/06/2014 Finance - Banking

(VEN) - Documents and administrative procedures remain cumbersome, causing difficulties for companies. In some cases of facing to difficulties such as small capital, unsold goods and incomplete tax report, representatives are likely to be suspended their legal status. If taxpayers continue doing production and business activities, they must complete tax obligations.
Clearing bad debts

14:02 | 09/06/2014 Finance - Banking

(VEN) - The government has implemented overall measures based on Decision 780 on dealing with bad debts and introduced the Vietnam Asset Management Company (VAMC) in order to execute the mission.
Vietnamese bond market rapidly develops

14:33 | 08/06/2014 Finance - Banking

(VEN) - The Asian Development Bank (ADB) announced its Asia Bond Monitor on June 4 saying that the Vietnamese bond market grew the fastest among emerging economies in East Asia.
Preferential credit for farmer-business connectivity models

14:07 | 03/06/2014 Finance - Banking

(VEN) - The State Bank of Vietnam, the Ministry of Agriculture and Rural Development and the Ministry of Science and Technology are considering cooperation on a pilot program for financing a connectivity model between businesses and farmers in order to multiply the model and promote high technology application in agricultural production and farm produce exports.
Non-cash payments are booming

16:21 | 28/05/2014 Finance - Banking

(VEN) - The latest statistics announced by the State Bank of Vietnam (SBV) at the Vietnam Banking Conference and Expo (Banking Vietnam 2014) showed that by the end of March 2014, Vietnam had more than 15,500 automated teller machines (ATMs), over 137,700 points of sale/electronic draft capture (POS/EDC), and 68.5 million cards had been issued. The non-cash payment market in Vietnam is booming.
Prudential Finance welcomes 200,000th customer

15:55 | 27/05/2014 Finance - Banking

(VEN) - The Prudential Vietnam Finance Company Ltd., (Prudential Finance) recently welcomed its 200,000th unique customer, Pham Van Luc, 53 years old, currently living and working in Ho Chi Minh City.
AFD finances EUR113 million for Vietnam

17:08 | 26/05/2014 Finance - Banking

(VEN) - Deputy Minister of Planning and Investment Nguyen Van Trung and French Development Agency (AFD) Vietnam Director RÐmi Genevey signed a Memorandum of Understanding on grant agreement on May 22 in Hanoi.
SHB, one of top 100 ASEAN Banks 2014

15:02 | 26/05/2014 Finance - Banking

(VEN) - The Banker recently ranked the Sai Gon-Hanoi Commercial Joint Stock Bank (SHB) and 13 other Vietnamese banks among the top 100 ASEAN Banks 2014.
Measures to promote credit growth

17:00 | 21/05/2014 Finance - Banking

(VEN) - State Bank of Vietnam (SBV) and commercial banks have taken active measures to increase credit for the economy. Low-cost capital resources have continued to be provided with the hope to boost credit growth in the second quarter of 2014.
Clearing queries about tax, custom policies

16:20 | 20/05/2014 Finance - Banking

(VEN) - Recommendations to impose Corporate Income Tax rate at 20 percent, abrogate the ceiling level to constrain advertisement and marketing costs or at least increase this ceiling level to 15-20 percent of the revenue instead of the costs and take different measures to lower the Value- Added Tax to spur the market.
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