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Car manufacturers get tax extension

Car manufacturers get tax extension

This decree takes effect from the date of signing (June 21) to the end of December 31 this year.
Vietcombank successfully issues non-convertible bonds worth 88m

Vietcombank successfully issues non-convertible bonds worth $88m

The Bank for Foreign Trade of Viet Nam (Vietcombank) on Monday announced it successfully issued non-convertible bonds worth VND2 trillion (US$88 million).
Ford Everest Titanium Plus price jumps

Ford Everest Titanium Plus price jumps

The price of Ford''s Everest Titanium Plus has risen by VND307 million (US$14,000) with effect from this month following a steep rise in special consumption tax.
SBV announces new circulars for credit institutions

SBV announces new circulars for credit institutions

The SBV on May 27 issued Circular 07/2016/TT-NHNN to supplement and amend some articles of Circular 24/2015/TT-NHNN on providing foreign currency loans by credit institutions and foreign bank branches.
Deposit growth rate slows as credit continues to rise

Deposit growth rate slows as credit continues to rise

The deposit growth rate is currently slower than that of credit growth however, savings in banks are still considered a good choice due to low inflation.
New circular targets safer growth for banks: SBV

New circular targets safer growth for banks: SBV

State Bank of Viet Nam Deputy Governor Nguyen Thi Hong has affirmed the need for Circular 36, saying the regulations would help the Vietnamese banking sector develop more safely.
Ministry to improve steel quality control

Ministry to improve steel quality control

The ministries of Industry and Trade and Science and Technology have issued a Joint Circular No. 44 to better manage the quality of domestically produced and imported steels.
Stiffer penalties for lip-syncers, dishonest businesses and others

Stiffer penalties for lip-syncers, dishonest businesses and others

On November 12, the Government issued Decree No 158/2013/ND-CP, which sanctions administrative violations in the field of culture, sport, travel and advertisement.
VAMC issues 20m in bonds

VAMC issues $20m in bonds

Viet Nam Assets Management Company (VAMC) issued more batches of special bonds worth VND420 billion (US$20million) to buy debts from three commercial banks on November 13.