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financial

Policy boost urged as financial leasing hits VNĐ40.7 trillion in Q1

Policy boost urged as financial leasing hits VNĐ40.7 trillion in Q1

Financial leasing reached VNĐ40.7 trillion (US$1.6 billion) by Q1, up 8.4 per cent year-on-year, calling for measures to boost its role in the economy.
​​​​​​​Việt Nam, US look to boost bilateral economic, trade cooperation

​​​​​​​Việt Nam, US look to boost bilateral economic, trade cooperation

Vietnamese Minister of Industry and Trade Nguyễn Hồng Diên met with US Secretary of Commerce Howard Lutnick in Washington, D.C. to boost economic ties and review trade talks.
Việt Nam establishes steering committee to develop financial hub

Việt Nam establishes steering committee to develop financial hub

Prime Minister Phạm Minh Chính will chair the committee, which will provide strategies to develop regional and international financial centres.
Promoting cooperation and unlocking investment opportunities in US: ministry

Promoting cooperation and unlocking investment opportunities in US: ministry

As the Việt Nam–US comprehensive strategic partnership deepens, Vietnamese businesses are increasingly proactive in seeking investment opportunities in the US.
Đà Nẵng boosts workforce development for international financial hub ambitions

Đà Nẵng boosts workforce development for international financial hub ambitions

Đà Nẵng is ramping up efforts to develop a highly skilled workforce as part of its vision to become Việt Nam’s next international financial hub.
Việt Nam, US foster bilateral economic, financial cooperation

Việt Nam, US foster bilateral economic, financial cooperation

Strengthening the Việt Nam - US economic and financial cooperation will open new avenues for collaboration and serve as a symbol of trust and a substantive Comprehensive Strategic Partnership for mutual prosperity, a Vietnamese official has said.
VIB launches new credit card for businesses

VIB launches new credit card for businesses

The card offers two standout benefits : a lifetime annual fee waiver with up to 57 days of interest-free credit and unlimited cashback on all spending.
Decree on foreign investment in Vietnamese financial institutions amended

Decree on foreign investment in Vietnamese financial institutions amended

Decree No. 69/2025/NĐ-CP amends several provisions of Decree No. 01/2014/NĐ-CP regarding foreign investment in Vietnamese financial institutions.
Foreign ownership cap proposal of financial centres needs further review

Foreign ownership cap proposal of financial centres needs further review

The Ministry of Planning and Investment proposes that banks or credit institutions headquartered in international financial centres are not subject to foreign ownership restrictions or foreign investment conditions, when providing services in the centres or cross-border services
Ministry works on application of international financial reporting standards

Ministry works on application of international financial reporting standards

As Việt Nam is strongly attracting foreign investment, especially from large multinational corporations, the application of IFRS will streamline the corporations’ financial reporting processes, enabling seamless integration with their global operations.
Capital market improvement needed to meet high growth targets

Capital market improvement needed to meet high growth targets

In addition to growth drivers such as exports and consumption, raising capital is the key for Việt Nam to achieve the growth target of 8 per cent this year.
SBV suggests delaying the establishment of digital banks in financial centre

SBV suggests delaying the establishment of digital banks in financial centre

The State Bank of Việt Nam (SBV) suggested that the establishment of digital banks should be postponed to January 1, 2027.
Ministry of Planning and Investment proposes piloting a cryptocurrency exchange at financial centres

Ministry of Planning and Investment proposes piloting a cryptocurrency exchange at financial centres

The Ministry of Planning and Investment (MPI) has proposed a controlled pilot programme for fintech activities, including digital asset and cryptocurrency trades at financial centres.
Việt Nam to become competitive player in global financial market: Minister

Việt Nam to become competitive player in global financial market: Minister

Việt Nam plans to establish two financial centers, one at the international level in HCM City and one at the regional level in Đà Nẵng City.
People tend to tighten spending for upcoming Tết holiday

People tend to tighten spending for upcoming Tết holiday

Financial security is among the primary concerns for Vietnamese customers over the longer term.