Masan Group opens hub in Nghe An Province Masan Group opens hub in Nghe An Province

The conglomerate Masan Group has opened Masan MB - a manufacturing hub - to produce branded foods and beverages at Nam Cam Industrial Zone in Nghe An Province's Nghi Loc District.

Pan Brothers seeks Vietnamese and Cambodian partners Pan Brothers seeks Vietnamese and Cambodian partners

Publicly listed textile manufacturer PT Pan Brothers is seeking local partners to jointly build and operate the company's textile factories in Vietnam and Cambodia, the company's senior executive has said.

Ministry announces goods exempt from tax under TPP Ministry announces goods exempt from tax under TPP

The Ministry of Finance yesterday officially announced the list of goods which would enjoy tax reduction when the Trans-Pacific Partnership (TPP) is signed and comes into effect.

Viet Nam e-commerce developing Viet Nam e-commerce developing

E-commerce has developed vigorously in Viet Nam in recent years and has helped Vietnamese companies improve their businesses.

Banks urged to use latest IT Banks urged to use latest IT

(Nov 30, 2015)

Domestic commercial banks need to give top investment priority to information technology if they want to develop better retail banking strategies.

Visa issues five million cards after 20 years in Viet Nam

Twenty years after coming to Viet Nam, Visa has announced it has crossed the five million card mark in the country.

TPBank offers preferential loans to SMEs

TPBank announced yesterday that it would provide preferential loans to small- and medium-sized enterprises (SMEs).

More SBV policies to help SMEs

State Bank of Viet Nam would further formulate policies to support efficient small- and medium-sized enterprises and those manufacturing and exporting products.

BIDV opens Taipei office

The Bank for Investment and Development of Viet Nam (BIDV) opened a representative office in Taipei yesterday.

Agribank slashes bad debt ratio

The Bank for Agriculture and Rural Development (Agribank) has reported an unexpected achievement in handling non-performing loans (NPLs) for the past three years.

Potentially irrecoverable debts continue to rise

Though non-performing loans (NPLs) of commercial banks have dropped, their potentially irrecoverable debts have surged significantly, according to bizlive.vn.

Banks switch to online tax payment

The Ministry of Finance has instructed commercial banks to completely stop over-the-counter tax payments and work with tax agencies to implement online tax payments by the beginning of December.

Banking sector must accelerate reform efforts, say experts

The banking sector has experienced dramatic changes this year but has more reform is needed, delegates heard at the Viet Nam Retail Banking Forum 2015.

Vietcombank suspends ATM money transfer service for foreigners

The Joint Stock Commercial Bank for Foreign Trade of Viet Nam, or Vietcombank, suspended the service that allows money transfers to foreign cardholders via its ATMs on November 12.

Inspectors uncover banking violations

The inspectorate body of the State Bank of Viet Nam has conducted 6,555 inspections on credit institutions in the past five years and uncovered many violations in the banking sector.

Co.opmart offers huge discounts this weekendCo.opmart offers huge discounts this weekend

The Co.opmart and Co.opXtra supermarket chains have rolled out the third stage of their "Gia dac biet" (Special prices) promotion programme, offering massive discounts on many products from November 27 to 29.

Economic growth story to continue through 2016Economic growth story to continue through 2016

Viet Nam has seen clear progress this year in many areas like banking sector reforms, capital markets and foreign investment.

Are banks reviving love affair with property? Are banks reviving love affair with property?

The HCMC Development Commercial Bank (HDBank) has signed an agreement with the Saigon Real Estate Joint Stock Company (SAIGONRES) to provide credit and financial guarantees.

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