Stocks advance for a second day

Shares advanced for a second session in both local markets on Wednesday as investor confidence was bolstered by higher crude prices.

Asia should work together on int’l tax reform: experts

Regional policymakers on Wednesday gathered to discuss key issues on taxation in Asia and called on a closer cooperation in international tax reform on the back of expansion of economic integration and cross-border trade and investment.

Grab, Uber subjected to tax checks

The General Department of Taxation recently sent a document requesting the HCM City Department of Taxation to collect data to inspect tax payment of Uber B.V Netherlands Co., Ltd and GrabTaxi Co., Ltd.

Quảng Ngãi attracts projects worth $2.81b in H1

Dung Quất Economic Zone and industrial zones in Quảng Ngãi Province attracted eight projects worth US$2.81 billion in the first half of this year, according to the provincial People’s Committee.

 

Lending rate cut to reduce bank’s interest income

With a cut of 0.5 percentage points in short-term interest rates applied for đồng loans in the prioritised sectors, commercial banks in HCM City would lose VNĐ 734 billion (US$32.6 million) in net interest income, according to a central bank official.

Lao provinces promote investment in HCMC

A conference to promote tourism, investment and trade in three Laos provinces, Savannakhet, Khammouane, and Bolikhamxay, will be held in HCM City on July 19.

VN growth target remains elusive

The annual growth goal of 6.7 per cent is likely to remain beyond reach despite an improved economic performance in the second half of the year, says Nguyễn Đức Thành, Director of the Vietnam Institute for Economic and Policy Research (VEPR).

APEC members discuss sustainable finance

The international community will face many challenges in implementing finance in the future, necessitating a solution that balances the goals of finance, integration and consumer protection in the context of global development.

Firms are optimistic about Q3 outlook

A survey by the General Statistics Office has revealed that firms had positive outlook on the business climate for the third quarter of this year.

Deputy PM chairs meeting on SOE restructuring

The Government will reconsider the leadership responsibilities of officials who are yet to fulfill State-owned Enterprises (SOEs) privatisation and divestment, said Deputy Prime Minister Vương Đình Hu, Head of the Government Steering Committee on Corporate Renovation and Development.

Leather exhibition opens in City

The 19th International Shoes and Leather Exhibition opens today in HCM City, offering local and foreign firms in the leather industry a chance to explore business opportunities.

Stocks rebound on bargain hunting

Shares rebounded on both local markets on Tuesday, driven by investors picking up stocks that had fallen to attractive price levels.

Active bank cards in HCMC rise to 11m

There were some 11 million active bank cards in HCM City until the end of June, up 3 per cent from December last year, according to a report from the State Bank of Việt Nam’s HCM City branch.

SBV launches new corebanking system

The State Bank of Việt Nam (SBV) and FPT Information Systems (FPT IS) co-organised a launching announcement of the corebanking, accounting, budgeting applications and system integration in Hà Nội on Tuesday.

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