Capital solutions for the real estate market
11:39 | 19/08/2014 Finance - Banking
(VEN) - Encouraging the more healthy development of the real estate market and resolving the issue of bad debts will not only help warm up the property market but also help the financial market better grow, experts claimed at a recent Bank for Investment and Development of Vietnam (BIDV) seminar which analyzed Japan’s real estate and financial institution experience and policy implications for Vietnam recently held in Hanoi.
Controlling VTA refund frauds
11:25 | 15/08/2014 Finance - Banking
(VEN) - The Ministry of Finance recently issue Document 10024/BTC-TCT asking tax and customs authorities of centrally governed provinces and cities to take measures to control value added tax (VAT) refund frauds related to goods exported through overland border crossings.
Listed companies indicate a measure of the economy
14:21 | 14/08/2014 Finance - Banking
(VEN) - Despite decreases in the VN-Index in some trading sessions, the inflow of money into the Vietnamese securities market continued to grow in the recent period. The VN-Index has now reached 600 points on the Ho Chi Minh City Stock Exchange (HOSE). The business results of listed companies indicate optimistic signs for the Vietnamese economy.
New VAT rates on imports
16:28 | 07/08/2014 Finance - Banking
(VEN) - The new Value Added Tax (VAT) rates would take effect on August 10, 2014, following Circular 83/2014/TT-BTC regarding goods which are imported, produced, traded and used under the List of Vietnamese Exports and Imports attached to Circular 156/2011/TT-BTC.
Preferential credit for fisheries development
15:40 | 04/08/2014 Finance - Banking
(VEN) - State Bank of Vietnam Governor Nguyen Van Binh said that fishermen, especially those involved in offshore fishing, will benefit from many favorable conditions including loans of more than 10 years with an interest rate lower than the stipulated for building and improving fishing boats. With cooperation from local authorities, the State Bank will instruct banks to assure related procedures are accomplished promptly to make it possible for fishermen, businesses and cooperatives to have easy access to capital.
SHB Sporting Account: Good product, perfect service
17:02 | 31/07/2014 Finance - Banking
(VEN) - The Saigon-Hanoi Commercial Joint Stock Bank (SHB) recently had the honor of having its Sporting Account recognized as “Good product - Perfect service 2014” by the Vietnam Union of Science and Technology Associations, the Vietnam Standards and Consumers Association and the National Office of Intellectual Property of Vietnam under the Ministry of Science and Technology.
Tax exemption for interest from loans of JFC and JBIC
15:22 | 31/07/2014 Finance - Banking
(VEN) - According to Document 2623/TCT-HTQT issued by the General Department of Taxation on July 10, 2014, the Ministry of Foreign Affairs has issued Notice 37/2014/TB-LPQT on the exchange of letters on the application of double taxation avoidance agreement between Vietnam and Japan with the Japan Finance Corporation (JFC) and the Japan Bank for International Cooperation (JBIC), signed in Hanoi on April 15, 2014 and effective ever since.