Finance
Vietreader's Finance section covers Vietnam's financial industry and personal finance topics. It reports on banking, stocks, taxes, accounting, insurance, financial technology, money management and more.
Capital flows may leave Vietnam when the State Bank's 'magic wand' stops working
Speaking at the conference "Southern real estate embracing infrastructure development opportunities" organized by CafeLand, Dr. Nguyen Tri Hieu said that Vietnamese real estate has not yet seen "the light at the end of the tunnel".
State-owned enterprises need to do big, difficult things
HANOI (Sputnik) - It is estimated that the total revenue of the entire SOE sector in 2023 will reach 1.41 million billion VND, an increase of 4% compared to the plan. The total pre-tax profit is estimated at 117,388 billion VND. The resulting loss is estimated at 41,666 billion VND, mainly from
Nasdaq Vice President explains why VinFast, VNG, Grab and Southeast Asian companies caught the 'eye' of American investors
For a long time, the only way for investors to access the Southeast Asian market was to buy Sea shares. Today, with the appearance of Grab, VinFast, and possibly VNG, more and more companies are helping investors increase their opportunities to access the market.
Since the SCB-Van Thinh Phat case, the State Bank has banned banks from forcing employees to sell bonds
After the arrest of Ms. Truong My Lan and the accusations of bondholder Van Thinh Phat with An Dong bonds issued through the consulting and brokerage of SCB Bank-Tri Viet Securities (TVSI), the Vietnamese bond market The South still faces many difficulties.
Event calendar and stock news on August 31
Summary of all outstanding news related to enterprises listed on two stock exchanges.
Vietnam intends to borrow a large amount of money
2024-2025, Vietnam plans to borrow about VND 1.25 million billion in the next two years. Of this, 750,000 billion dong must be borrowed to offset the central budget deficit, and about 465,800 billion dong is borrowed to pay the principal due to the central budget.
The Government directs to reduce at least 1.5-2% of lending interest rates
The Government has just issued Resolution 105/NQ-CP on tasks and solutions to remove difficulties for production and business, continue promoting reform of administrative procedures, and tightening discipline.
Forecast when Vietnam's economy bottoms out
Vietnam is performing better than most countries in the world. The representative of the International Monetary Fund (IMF) has made a forecast for Vietnam's economy, especially when growth returns to a stable trajectory and begins to recover.
Reducing VAT to stimulate domestic consumption
From now until the end of the year, value-added tax (VAT) will be reduced by 2% from 10% to 8% for many items. Reducing value-added tax will reduce the cost of goods and services, stimulating consumption demand, promoting production and business and creating more jobs for workers.
Closed real estate business increased by more than 40%
In the first 6 months of 2023, the number of real estate businesses withdrawing from the market had the highest increase among 17 sectors.
There have been several defaults on corporate bonds in Vietnam
According to the Asian Development Bank (ADB), several corporate bond defaults in Vietnam have occurred.
Banks of Vietnam massively buy back bonds
Many large commercial banks, both private and state-owned in Vietnam, are rushing to buy back bonds ahead of time and issue new bonds.
