Vietnam cracking down on use of crypto currency
16:01 | 24/05/2018 Finance - Banking
(VEN) - The crypto currency fever is hitting investors not only in developed countries but also in Vietnam. Although Vietnamese law bans crypto currency exchanges, many people in the country continue investing in this highly risky business.
Fee hikes threaten cashless plan
13:22 | 15/05/2018 Finance - Banking
Recent surges in transactions and withdrawal fees at a number of commercial banks went against the State Bank of Vietnam’s (SBV) initial policy roadmap for a seamlessly cashless society.
Upgrade in the offing for Vietnam’s stock market
12:46 | 11/05/2018 Finance - Banking
(VEN) - The Vietnamese stock market has grown sharply since the beginning of the year, with capitalization mainly focusing on the finance-banking sector and real estate. With strong growth of its indexes, the Vietnamese stock market stands a chance of being upgraded to the status of an emerging market by international ranking bodies in June 2018.