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Banks cut rates following SBV’s call

Market edges up slightly to start the week

On the Hồ Chí Minh Stock Exchange (HoSE), the VN-Index edged up by 0.44 points, or 0.04 per cent, to close at 1,249.55 points. Despite the gain, market breadth leaned negative, with 186 declining stocks outnumbering 134 gainers. Trading liquidity dropped slightly to approximately VNĐ9.9 trillion (US$390.7 million), with nearly 441 million shares traded.

MBBank's charter capital rises to over $2.4 billion

The bank listed an additional 19.24 million MBB shares, representing a listing value change of VNĐ192.4 billion, based on par value.

Customs implements environmental protection tax regulations on petrol, oil and lubricants

The General Department of Customs has instructed on applying environmental protection tax rates under Resolution No. 60/2024/UBTVQH15.

Hà Nội markets bustle as residents prepare for Kitchen Gods’ Day

While the official date is still several days away, many families have begun their celebrations as early as January 18.

E-commerce businesses must establish offices in Việt Nam: trade ministry

They should also appoint a legal entity as a representative, the ministry proposes.

Interbank transfers to be suspended during holiday

Internal transfers will operate normally.

Private lender appeals ruling on $1.8 million reimbursement

A private lender is appealing a court decision requiring it to reimburse a client for nearly VNĐ47 billion (US$1.83 million) in unauthorised withdrawals from her account.

Rising land prices present new challenges for Việt Nam’s real estate sector

The new land price frameworks, introduced under the 2024 Land Law, aim to align land prices with market values, but sudden price hikes in some areas have raised concerns in the real estate sector.

Debt repayment pressure continues to weigh on corporate bond market

An alarming 22 per cent of corporate bonds maturing in January 2025 are at risk of defaulting on principal payments, according to a report from VIS Rating.

Banks step up capital mobilisation policies

According to statistics, 7 banks, including Agribank, Bac A Bank, NCB, MBV, Eximbank, KienLongBank and VietBank, have so far this year increased mobilisation interest rates to attract idle cash flow from the population.

Việt Nam to become competitive player in global financial market: Minister

Minister of Planning and Investment Nguyễn Chí Dũng has unveiled plans to establish two financial centres, one at the international level in HCM City and one at the regional level in Đà Nẵng City.

PM Chính visits Vietnamese-invested trade centres in Czech Republic

At the complex, a Vietnamese language centre has been maintained for 22 years, teaching Vietnamese for thousands of children of Vietnamese families in the Czech Republic, based on textbooks from the Ministry of Education and Training of Vietnam and compiled by teachers here. Currently, there are four classes held on weekends.

BAF Vietnam acquires two livestock companies in Bình Phước Province

The recent surge in acquisitions by BAF Vietnam underscores its commitment to expansion within the livestock industry.

Green momentum likely to persist on Việt Nam's stock market

Việt Nam’s stock market staged a strong rebound last week, recovering after two weeks of consecutive declines that had wiped more than 40 points from the VN-Index.

Bình Định aims to attract 45 projects into IZs

The province also expect three industrial zones - Nhơn Hòa, Nhơn Hội A and the first phase of Hòa Hội - will be fully occupied by the year-end.

Pepper prices expected to keep rising

The IPC forecasts that global pepper production in 2025 will continue to decline, due in part to the lower economic efficiency of pepper compared to other crops, leading many farmers to no longer choose pepper as a primary crop.

HDBank officially undertakes mandatory transfer, beginning a period of stability and growth for DongA Bank

Following the transfer, DongA Bank will operate as a single-member limited liability bank fully owned by HDBank, ensuring all rights of depositors and customers are upheld.

Bình Thuận launches largest high-tech chicken farming project

The project, initiated in 2021, has a capacity of 1.2 million egg-laying chickens and 400,000 replacement pullets, producing over 375 million eggs annually.

Li-ion and Ni-MH battery manufacturing plant inaugurated in Hải Phòng

The facility represents a US$20 million investment and spans 13,650 square metres. The project received its investment certificate in July 2023 and was completed within 18 months, including construction, installation, and operational safety preparations.

Partnerships open doors to sustainable growth

The beach city of Đà Nẵng has signed a series of MoUs with training and investment partners and investors, and officially inked deals on friendship and co-operation relations with Genoa City, Italy and Aktau City, Kazakhstan.