Việt Nam News

The Vietnam International Bank (VIB) has announced the expansion of the card opening ecosystem in the Bizverse World virtual environment

The index of industrial production (IIP) grew by 8.5 per cent in February over the same period last year, marking the fourth consecutive monthly increase.

In Southeast Asia, nearly half (48 per cent) of small-and-medium-sized enterprises (SME) had to rely on friends and family for loans, according to a new report from the cloud banking platform Mambu.

Some 83.3 per cent of the 500 fastest-growing companies in Việt Nam (FAST500) are optimistic about the outlook and growth opportunities of the domestic market this year.

The business community’s confidence in the Government’s drastic and timely solutions has caused the number of businesses re-operating to increase sharply in the first two months of 2022, according to the General Statistics Office.

The State Bank of Việt Nam (SBV) has proposed to continually handle bad debts of credit institutions based on the provisions of pilot Resolution 42/2017/QH14 until 2025 instead of this year.

Eight shipments received warnings related to banned antibiotics, accounting for 12.5 per cent of total shipments.

There are going to be both ups and downs for Vietnamese exporters as the Russia-Ukraine conflict intensifies said industry experts and policymakers. 

A draft resolution on the environmental protection tax rates on petroleum, oil and lubricants, was submitted to National Assembly Standing Committee yesterday for final approval.

MoMo and mobile on-demand services platform Gojek have announced a strategic partnership that will see the former become the first e-wallet to be integrated into the Indonesian company’s app in Việt Nam.

The People’s Committee of Ha Nam province last week handed over an investment registration certificate to FPT Education of the technology service company FPT Group to invest in Nam Cao University Area in Phủ Lý City.

The stock market finished lower on Monday as stocks across all sectors faced strong a sell-off from early in the session. 

There is still ample room for domestic credit card (DCC) growth since the number of DCC holders is relatively low in Việt Nam

The price discrepancy between the domestic and world gold price will create the "gold trading" mentality which needs the State management.

The strong development of the stock market, with rising retail investors and financial investment demand, has prompted many banks to cooperate with securities firms and fund management companies to add more cross-selling products. 

Vietnamese shares are forecast to follow a falling price trend amid weak market sentiment this week pressured by uncertainty about the conflict in Ukraine.

The successful vaccination campaign and the removal of restrictions on international flights has created a golden opportunity for Việt Nam to reopen the tourism sector, which is expected to create a significant impetus to accelerate post-pandemic economic recovery, experts said.

Vietnamese enterprises should prepare to deal with ramifications of the ongoing Russia-Ukraine conflict like rising oil prices and long-term impacts of sanctions on Russia, experts say.