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Việt Nam needs over 450,000 housing units annually

Việt Nam needs over 450,000 housing units annually

Maybank Securities maintains a positive long-term outlook for Việt Nam''s real estate market, driven by robust population growth and increasing urbanisation.
State budget revenue increases by 16 per cent in 11 months

State budget revenue increases by 16 per cent in 11 months

Government spending in the last 11 months also increased, by 4.7 per cent, compared to the same period last year.
Finding the balance between autonomy and oversight in state-owned enterprise reforms

Finding the balance between autonomy and oversight in state-owned enterprise reforms

The draft Law 69 will replace the current Law 69/2014/QH13, marking a ''revolution'' in how state capital is managed in enterprises.
State bank increases credit growth limit for banks for second time this year

State bank increases credit growth limit for banks for second time this year

The credit growth target was set at approximately 15 per cent at the beginning of the year.
Bank savings among most attractive investment channels

Bank savings among most attractive investment channels

In August alone, the amount of new deposits was nearly VNĐ86.48 trillion, meaning that nearly VNĐ2.9 trillion was deposited at banks every day on average.
PM orders strengthened state management over e-commerce

PM orders strengthened state management over e-commerce

Prime Minister Phạm Minh Chính on Monday ordered relevant ministries and localities to intensify state management over e-commerce.
Monetary policy forecast unlikely to loosen further

Monetary policy forecast unlikely to loosen further

It will be difficult for the State Bank of Vietnam (SBV) to further loosen monetary policy due to a rising USD/VNĐ exchange rate pressure, experts said.
New decree on using telecommunications accounts for payment proposed

New decree on using telecommunications accounts for payment proposed

Currently the use of a telecommunications account to pay for small-value goods and services in the country, called Mobile-Money service, is being implemented in a pilot programme.
State-owned securities company trails competitors

State-owned securities company trails competitors

The securities subsidiaries of the Big4 banks remain relatively unremarkable, leaving limited impact on the market.
Switzerland provides US3.3 million to promote Việt Nams circular economy

Switzerland provides US$3.3 million to promote Việt Nam's circular economy

The Ministry of Planning and Investment has received US$3.3 million in funding from the Swiss State Secretariat for Economic Affairs (SECO) to promote a circular economy and mitigate climate change impacts.
Central bank issues new decisions on deposit interest rates

Central bank issues new decisions on deposit interest rates

According to the SBV, Decision No. 2410/QĐ-NHNN and Decision No. 2410/QĐ-NHNN aim to ensure consistency on a legal basis with other issued circulars on deposit interest rates.
VN, Sweden connect Vũng Tàu port with Port of Gothenburg

VN, Sweden connect Vũng Tàu port with Port of Gothenburg

The announcement was made at a roundtable discussion and Việt Nam–Sweden business forum in Stockholm on Tuesday.
State Treasury raises over 1.2 billion from government bonds in October

State Treasury raises over $1.2 billion from government bonds in October

10-year bonds makes up the largest share at 78 per cent (equivalent to approximately VNĐ24 trillion).
New policy drafted to help non-bank credit institutions develop further

New policy drafted to help non-bank credit institutions develop further

Under the draft circular, the SBV proposes that credit institutions are reorganised in the form of converting non-bank credit institutions.
New regulations on mergers, consolidation of credit institutions proposed

New regulations on mergers, consolidation of credit institutions proposed

Under a recently released draft circular, the SBV proposes that any merger and consolidation of credit institutions must meet several principles.