SBV urges credit lending for agriculture loss reduction
11:12 | 18/08/2015 Finance - Banking
The State Bank of Vietnam (SBV) recently requested commercial banks to strictly implement a Government support credit lending programme which aims to help famers and businesses operating in agriculture minimise their post-harvest losses.
Firms pleased with tax administration reforms
08:58 | 17/08/2015 Finance - Banking
More than 70 percent of businesses expressed their satisfaction with the reforms in tax administration in 2014, said Dau Anh Tuan, head of Viet Nam Chamber of Commerce and Industry (VCCI)'s Legal Department.
Credit growth lifts bank profits
10:26 | 15/08/2015 Finance - Banking
High credit growth has helped many commercial banks to gain impressive profits this year despite having to provide a larger amount for provisional fund.
Vietnam’s fourth bank inaugurated in Laos
09:16 | 14/08/2015 Finance - Banking
The Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) held a ceremony in Vientiane on August 8 to open its subsidiary in Laos, becoming the fourth Vietnamese bank operating in the country.
Central bank widens VND/USD trading band
08:48 | 13/08/2015 Finance - Banking
The State Bank of Vietnam (SBV) has widened the trading band of Vietnamese dong/US dollar (VND/USD) from +/- 1 percent to +/-2 percent, applicable from August 12 onwards.
BIDV to open Taiwan representative office
14:09 | 12/08/2015 Finance - Banking
The Bank for Investment and Development of Viet Nam has received permission from the State Bank of Viet Nam to establish a representative office in the Taiwanese capital Taipei.
Viet kieu receive car tax break
16:09 | 11/08/2015 Finance - Banking
Viet kieu (Overseas Vietnamese), who are intellectuals, experts and skilled workers, have been granted a tax exemption on used cars they bring to Viet Nam, according to a new Government decree.
HDBank offers $13m credit package to buy apartments
11:10 | 11/08/2015 Finance - Banking
The Housing Development Commercial Joint Stock Bank (HDBank) has signed a contract to provide credit package worth VND300 billion (US$13.7 million) for people to buy apartments at Ha Noi's Dong Phat Parkview Tower project.
US-dollar loan demand rises
12:20 | 10/08/2015 Finance - Banking
Demands for loans in US dollars have again increased in recent months, thanks to low interest rates and a stable exchange rate.
Law on Export and Import Duties to be amended
13:16 | 07/08/2015 Finance - Banking
(VEN) - The Ministry of Finance (MoF) is finalizing a draft amendment to the Law on Export and Import Duties to submit to the government for approval given Vietnam’s increasing international economic integration.
