state budget revenues decline compared to gdp finance minister State budget revenues decline compared to GDP: finance minister

15:22 | 25/09/2017 Finance - Banking

Budget revenue over GDP has fallen from 26.3% during the 2006-2010 period to 23.6% of GDP between 2011 and 2016, Finance Minister Dinh Tien Dung has confirmed.
bidv lao foreign trade bank beef up cooperation BIDV, Lao foreign trade bank beef up cooperation

14:59 | 22/09/2017 Finance - Banking

The Bank for Investment and Development of Vietnam (BIDV) and the Banque Pour Le Commerce Exterieur Lao Public (BCEL) will continue to promote their comprehensive cooperation during 2017-2020 as stipulated in an agreement inked between the two banks in Hanoi on September 20.
financial sector seeking additional japanese capital investment Financial sector seeking additional Japanese capital investment

09:31 | 21/09/2017 Finance - Banking

(VEN) - Indirect investment from Japan into Vietnam remains relatively modest compared to the potential of Japan and the ability to absorb investment capital sources of the Vietnamese market, Minister of Finance Dinh Tien Dung said.
five banks to pilot 247 tax payment scheme shortly Five banks to pilot 24/7 tax payment scheme shortly

16:01 | 19/09/2017 Finance - Banking

Five commercial banks have been selected to pilot a 24/7 e-tax payment scheme from November this year.
pm urges lower interest rates stable taxes PM urges lower interest rates, stable taxes

14:36 | 18/09/2017 Finance - Banking

The Government has instructed corresponding administrative authorities to aim for a 0.5 percent decrease in lending interest rates from now until the end of 2017, while keeping taxes, fees and other charges unchanged, in order to propel the current disbursement rate in public spending and boost businesses’ productivity.
new measures in force to accelerate handling of bad debts New measures in force to accelerate handling of bad debts

15:50 | 15/09/2017 Finance - Banking

(VEN) - The banking sector is coordinating with ministries and other sectors to accelerate the settlement of bad debts as set out by the National Assembly (NA) in Resolution 42/2017/NQ-QH14 that went into effect on August 15. The resolution allows credit institutions and the Vietnam Asset Management Company (VAMC) to trade in bad debts openly at market prices.
boosting banking credit efficiency to achieve economic growth target Boosting banking credit efficiency to achieve economic growth target

11:02 | 14/09/2017 Finance - Banking

It is necessary to ensure the quality and efficiency of banking credit in order to attain the Gross Domestic Product (GDP) growth target of 6.7% in 2017, according to economist Vu Dinh Anh.
vietnam japan financial leasing joint venture makes debut Vietnam-Japan financial leasing joint venture makes debut

14:42 | 13/09/2017 Finance - Banking

BIDV-SuMi TRUST Leasing Co., Ltd (BSL) officially opened in Hanoi on September 8, becoming the first financial leasing joint venture between a Vietnamese bank and a foreign financial institution in Vietnam.
apec discusses measures to boost msmes financial access APEC discusses measures to boost MSMEs financial access

14:19 | 12/09/2017 Finance - Banking

A financial forum was organized in Ho Chi Minh City, on September 11, seeking to enhance access to supply chain finance for micro, small and medium sized enterprises (MSMEs).
adb releases flagship statistical report for asia pacific ADB releases flagship statistical report for Asia-Pacific

14:09 | 11/09/2017 Finance - Banking

The Asian Development Bank (ADB) has released the 2017 edition of Key Indicators for Asia and the Pacific, providing the latest available economic, financial, social, and environmental statistics for the 48 regional members of ADB.
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