law on export and import duties to be amended 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.
vietnam myanmar central banks increase cooperation Vietnam, Myanmar central banks increase cooperation

09:19 | 07/08/2015 Finance - Banking

The State Bank of Vietnam (SBV) and the Central Bank of Myanmar (CBM) agreed to enhance collaborative ties through high-level delegation visits and professional exchanges.
sacombank sets up wholly owned subsidiary in laos Sacombank sets up wholly-owned subsidiary in Laos

11:43 | 06/08/2015 Finance - Banking

The Sai Gon Thuong Tin Bank (Sacombank) has opened a wholly-owned subsidiary in Laos.
bank credit outpaces deposits lending rates Bank credit outpaces deposits, lending rates

10:44 | 05/08/2015 Finance - Banking

Bank credit growth so far this year stands at 7 per cent year-on-year, outstripping deposit growth, which is only 5 per cent, Dau Tu Chung Khoan newspaper reported.
sbv approves military banks capital increase SBV approves Military Bank's capital increase

14:25 | 03/08/2015 Finance - Banking

The State Bank of Viet Nam has approved the Military Bank's plan to increase its charter capital from VND11.59 trillion (US$531.65 million) to VND16 trillion ($733.94 million).
ceilingfloor import tax regulations prove outdated Ceiling/floor import tax regulations prove outdated

10:14 | 01/08/2015 Finance - Banking

(VEN) - In the context of increasing economic integration and the tax liberalization rate exceeding 90 percent, the existing regulations on ceiling and floor import tax rates in the Export and Import Tax Tables are no longer appropriate.
mdb to be merged into maritime bank MDB to be merged into Maritime Bank

09:32 | 31/07/2015 Finance - Banking

The Mekong Development Bank (MDB) is set to merge with the Vietnam Maritime Commercial Bank (Maritime Bank) to form an institution among the country's five largest banks in terms of charter capital.
auctions of company shares more exciting Auctions of company shares more exciting

09:55 | 30/07/2015 Finance - Banking

(VEN) - According to the Hanoi Stock Exchange (HNX), 21 share sales were implemented in the second quarter of this year with 61 million shares sold valued at VND1.281 trillion, an increase of 7.3 percent compared to a year ago.
credit growth ceiling increase raises concerns Credit growth ceiling increase raises concerns

11:16 | 29/07/2015 Finance - Banking

Experts are concerned the State Bank of Viet Nam's recent decision to raise credit growth ceiling for many lenders could raise serious risks in the coming years.
bidvs advantage from factoring service BIDV’s advantage from factoring service

11:26 | 28/07/2015 Finance - Banking

(VEN) - To sell goods and provide services, many enterprises have applied reimbursement methods (TTR - Telegraphic Transfer Reimbursements or D/A - Documents Against Acceptance). In addition, the need of capital for manufacturing and trade requires enterprises to find solutions to fasten their working capital cycle. Therefore, with its advantages, factoring service has become a common option for many enterprises.
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