Global Banking and Finance Review honors SHB
10:19 | 15/06/2014 Finance - Banking
(VEN) - The Sai Gon-Hanoi Commercial Joint Stock Bank (SHB) said that the Global Banking and Finance Review recently named it the Vietnamese Fastest Growing Trade Finance Bank and the Vietnamese Most Creative Trade Finance Bank in 2014. SHB has been the only Vietnamese commercial bank to receive these awards so far.
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.
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.
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.