Standard Chartered wins Golden Dragon Award
16:45 | 09/04/2014 Finance - Banking
(VEN) - Standard Chartered Bank (Vietnam) received a Golden Dragon Award 2013 for “Most Favorite International Bank”. Golden Dragon Awards are presented annually by the Vietnam Economic Times in collaboration with the Foreign Investment Agency and the Ministry of Planning and Investment, to recognize and celebrate foreign-invested enterprises for their significant contributions to Vietnam. This is the seventh consecutive year that Standard Chartered won this prestigious award.
Promoting reforms of tax and customs formalities
16:37 | 07/04/2014 Finance - Banking
(VEN) - The Government Office recently released Official Letter 2039/VPCP-TCCV conveying Deputy Prime Minister Nguyen Xuan Phuc’s guidelines for administrative reforms in the fields of taxation, customs, social insurance, health insurance and seafood quarantine.
Vietnamese bonds grow the fastest quarterly
16:08 | 01/04/2014 Finance - Banking
(VEN) - The Asian Development Bank (ADB) released its quarter report on the Asian bond market on March 30 saying that among emerging economies in East Asia the Vietnamese bond market grew the fastest quarterly by 14.8 percent in 2013.
Lowering interest rates to promote trade
15:35 | 25/03/2014 Finance - Banking
(VEN) - On March 17, 2014, the State Bank of Vietnam (SBV) announced reductions in the interest rate ceilings applied to deposits and short-term loans in VND. Credit institutions began to apply these reductions on March 18.
Promoting the access to credit
15:09 | 13/03/2014 Finance - Banking
(VEN) - Information from the State Bank of Vietnam (SBV) has shown that the monetary and banking markets underwent positive changes in the first two months of 2014. However, the provision of credit declined.
Connecting businesses with the banks
14:11 | 12/03/2014 Finance - Banking
(VEN) - More than VND12 trillion was already invested in the program for connecting businesses with the banks in Ho Chi Minh City in 2013. The funding is targeted to reach VND20 trillion in 2014.