UK gov"t supports regional financial and business centre development in Vietnam

UK gov"t supports regional financial and business centre development in Vietnam

The UK government has appointed TheCityUK to support Vietnam’s goal of developing a regional financial and business centre in Ho Chi Minh City, British Embassy in Hanoi announced on February 22.
Drastic measures needed to ward off financial crisis amid cash crunch, experts warn

Drastic measures needed to ward off financial crisis amid cash crunch, experts warn

Drastic measures are needed to ward off a “potential financial crisis” since most companies are struggling to raise funds amid the threat of defaulting on bond redemptions in the next few years, experts have warned.
Vietnam successfully maintains fiscal, external, financial stability: IMF

Vietnam successfully maintains fiscal, external, financial stability: IMF

Vietnam has successfully maintained fiscal, external and financial stability, Resident Representative of the International Monetary Fund (IMF) for Vietnam Francois Painchaud has said.
Vietnam"s financial strategy aims at sustainable development

Vietnam"s financial strategy aims at sustainable development

Vietnam's strategic financial objectives in the 2021-30 period aim to reach a balance between achieving sustainable finance and major socio-economic developmental goals.
"Opening room" for foreign investors in commercial banks in Vietnam

"Opening room" for foreign investors in commercial banks in Vietnam

VCN- According to the Central Institute for Economic Management (CIEM), the adjustment of the limit on the percentage of foreign investors' share ownership in Vietnamese commercial banks will attract more foreign investment in the field of finance and ban
Speculative cash flows: an imminent threat to financial stability

Speculative cash flows: an imminent threat to financial stability

If a large part of the credit is pumped into the securities market, it can be a big problem for the banking system and the whole economy once the stock market bubble breaks out. nbsp;
Shares climb on the back of financial-banking stocks

Shares climb on the back of financial-banking stocks

Vietnamesenbsp;stocknbsp;markets ended Wednesday on a positive note, largely led bynbsp;gainsnbsp;innbsp;financial sharesnbsp;and heavy-weightnbsp;stocks.
Over 98 percent of financial aid delivered to pandemic-hit workers

Over 98 percent of financial aid delivered to pandemic-hit workers

As of November 5, more than 21.851 trillion VND (965.5 million USD) of the almost 22.29 trillion VND, equivalent to 98 percent of the approved amount, in financial support has been delivered to over 9.1 million out of nearly 9.4 million pandemic-hit workers applying for help, according to the Ministry of Labour, Invalids and Social Affairs (MoLISA).
Highlights in financial picture for 2022-2024

Highlights in financial picture for 2022-2024

VCN - The Ministry of Finance has issued a circular guiding the State budget estimation in 2022 and the three-year financial plan from 2022 to 2024. Accordingly, the financial and budget picture for 2022-2024 has been outlined.
Financial sector needs to improve threat intelligence: experts

Financial sector needs to improve threat intelligence: experts

With the use of digital money increasing rapidly during the pandemic, it has become crucial for the financial sector to integrate security and improve their threat intelligence capabilities, according to cybersecurity experts.
Customers need more understanding about financial services

Customers need more understanding about financial services

The need to increase awareness and understanding of customers' financial services is increasing globally, and Vietnam - an emerging economy, is no exception, according to a report.
Two FDI giants in the steel industry face financial problems

Two FDI giants in the steel industry face financial problems

VCN- However, the report of the Ministry of Finance stated the company's loss in 2019 wasVND11,538 billion, 4.2 times higher than the loss of VND2,727 billion inthe previous year.
State financial report: Provide an overall picture of the national financial background

State financial report: Provide an overall picture of the national financial background

VCN - Although the work of preparing state financial statements has recorded initial results, it still needs specific and practical solutions to make this report more complete in the following years.
Banks raise foreign ownership ratio to improve financial strength

Banks raise foreign ownership ratio to improve financial strength

Vietnamese banks have been increasing their foreign ownership ratios to attract investment and improve financial strength.
Financial stocks advance, lifting market up

Financial stocks advance, lifting market up

Vietnamese shares extended gains for a third day as financial-banking stocks continued to perform better than expected.
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