Economy

VIB's pre-tax profit surges 52% in Q3

As of September 30, 2020, the bank's total assets reached over VNĐ213 trillion while its credit over VNĐ151 trillion, up 14.2 per cent year-over-year, tripled the industry average, according to the data. 
Economy

Tax cut welcome but not enough: businesses

The Government's 30 per cent corporate income tax cut was a step in the right direction but it could have been more inclusive by offering support to small businesses that were in desperate need of cash due to the difficulties caused by the COVID-19 pandemic, said business leaders and industry experts. 
Economy

Half of local firms use IFRS

More than half of companies in Việt Nam have been adopting international financial reporting standards to meet investors’ expectations and improve their corporate governance

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