Finance

Insurance companies advance over 24 million for disaster-related damages

Insurance companies advance over $24 million for disaster-related damages

As of December 6, 2024, insurance companies in Việt Nam have advanced approximately VNĐ598 billion (US$24.1 million) in compensation, representing 5.63 per cent of the estimated VNĐ10.62 trillion in damages caused by natural disasters, according to the Insurance Supervisory Authority,...
Markets

Market continues slight correction as VN-Index slips below 1,270 points

Market breadth was negative, with 183 stocks declining, 120 advancing, and 62 remaining unchanged. Liquidity saw a modest uptick, reaching VNĐ15.3 trillion (US$602.9 million), up 6.2 per cent from the previous session. 
Banking

OceanBank to be renamed MBV

Ocean Commercial One Member Limited Liability Bank (OceanBank) will be renamed Việt Nam One Member Limited Liability Bank (MBV) from December 18 if approval is given by the State Bank of Việt Nam, Military Commercial Joint Stock Bank (MB) has...
Tax

PM issues directive on e-invoice implementation

The directive emphasises the adoption of electronic invoicing and robust monitoring systems to a fair, transparent and consumer-friendly business environment.
Banking

Banks allowed to extend debt repayment for Typhoon Yagi-affected customers to 2027

Commercial banks are allowed to extend debt repayment deadlines for Typhoon Yagi–affected borrowers until the end of 2027 at the latest, according to a circular recently issued by the State Bank of Việt Nam.
Finance

Credit growth accelerates to reach 12.5 per cent

SBV’s deputy governor Đào Minh Tú says latest credit growth figures show that year end target is achievable.
Markets

Market mixed as foreign bloc maintains net selling trend

On the Hồ Chí Minh Stock Exchange (HoSE), the VN-Index closed at 1,272.07 points, down by 1.77 points or 0.14 per cent.
Tax

Dialogue on tax and customs policies to ease business operations

The Ministry of Finance and the Việt Nam Chamber of Commerce and Industry on Tuesday held a dialogue on tax and customs policies with more than 500 companies, aiming to remove difficulties and favourable conditions for business operations.
Markets

Realty stocks see signals of improvement

But the pace of any revival remains measured due to sluggish sales and limited improvements in consumer incomes.
Markets

HoSE adds GIL and HID to margin-cut stock list

The list of stocks ineligible for margin trading on HoSE has increased to 86, including 81 stocks and five fund certificates. 
Markets

Stock market surges, VN-Index edges closer to the 1,300-point milestone

After a prolonged period of sluggishness, Việt Nam’s stock market experienced a remarkable breakout, with the VN-Index surpassing its 2023 peak and making significant strides toward the psychological 1,300-point threshold. 
Markets

Market ends first trading week of December with modest gains

On the Hồ Chí Minh Stock Exchange (HoSE), the VN-Index edged up by 2.61 points, or 0.21 per cent, to close at 1,270.14 points. 
Banking

Techcombank becomes the first private bank in Việt Nam to launch green bond framework

The framework aligns with the International Capital Market Association’s (ICMA) Green Bond Principles, reinforcing Techcombank’s commitment to fostering sustainable development.
Markets

Over US$817 million mobilised through G-bond auctions

The Hà Nội Stock Exchange successfully organised 17 Government bond auctions in November, raising VNĐ20.76 trillion (US$817.6 million) for the State Treasury.
Banking

Banks face difficulties in implementing new regulations relating to land

Credit institutions have encountered many difficulties in the process of performing banking operations after three key laws took effect in August 2024.
Markets

Việt Nam's ETFs withdraw nearly $53 million in November

Foreign investors continued to increase their net selling activities in November, with total net sales exceeding VNĐ11.8 trillion. ETFs accounted for approximately 11.3 per cent of this total net selling value.