zeroed tariffs challenge domestic business Zeroed tariffs challenge domestic business

16:02 | 23/02/2018 Finance - Banking

(VEN) - According to the Ministry of Finance, more than 16,200 tariff lines will be zeroed out in 2018 in accordance with more than 10 free trade agreements (FTAs). This will challenge domestic enterprises and force them to formulate and adopt specific plans and strategies to survive the competition and ensure their further development.
fees retail services to be banks main income Fees, retail services to be banks’ main income

16:12 | 20/02/2018 Finance - Banking

Commercial banks are expecting the revenue from fees and retail banking services to become their main income sources this year, as a result of rising market demands.
2018 more of the same stock market boom 2018 - More of the same stock market boom

10:52 | 15/02/2018 Finance - Banking

(VEN) - Nguyen Vu Quang Trung, board member and deputy CEO of the Ho Chi Minh City Stock Exchange (HoSE) Executive Committee, talked about the Vietnamese stock market in an interview with Vietnam Economic News’ Minh Long.
a lucrative year for vietnamese banks A lucrative year for Vietnamese banks

16:04 | 14/02/2018 Finance - Banking

(VEN) - In 2017, most Vietnamese banks exceeded their annual profit targets. The banking sector’s profitability is forecast to remain satisfactory in 2018.
banks battle tet atm overload Banks battle Tet ATM overload

13:32 | 12/02/2018 Finance - Banking

As demand for cash withdrawals at ATMs doubles or triples around the Vietnamese Tet holiday, banks are recommending customers use electronic payment or scan their cards at POS machines or use quick response (QR) codes instead of withdrawing cash at ATMs.
new corporate income tax law aims to halt tax evasion New corporate income tax law aims to halt tax evasion

16:12 | 08/02/2018 Finance - Banking

In the latest draft of Law on Corporate Income Tax, the Ministry of Finance has raised a regulation aimed at preventing multinational companies with related-party transactions from evading taxes.
banks set dates for 2018 agms Banks set dates for 2018 AGMs

16:01 | 07/02/2018 Finance - Banking

After gaining positive business performance last year, many banks have planned to hold annual general meetings (AGMs) for 2018 soon.
moodys optimistic about bad debt resolution in vns banks Moody’s optimistic about bad debt resolution in VN’s banks

16:12 | 06/02/2018 Finance - Banking

Some Vietnamese banks have made meaningful progress in the resolution of legacy problem assets, a positive credit for the sector, Moody’s said on February 5.
shb awarded best domestic bank in vietnam by the asset SHB awarded Best Domestic Bank in Vietnam by The Asset

15:47 | 05/02/2018 Finance - Banking

The Saigon-Hanoi Commercial Joint Stock Bank (SHB) has recently been honoured as “Best Domestic Bank” of Vietnam in 2017 in The Asset Asian Awards (Triple A).
tax sector asked to surpass state budget estimate Tax sector asked to surpass State budget estimate

14:42 | 02/02/2018 Finance - Banking

The Finance Ministry’s General Department of Taxation should strive to surpass at least 3 percent of the State budget estimate of more than 1,070,200 billion VND (US$55.88 billion), said Prime Minister Nguyen Xuan Phuc.
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