While Asian markets opened the week in the red, pressured by new tariff threats from the US and China''s retaliatory response, Việt Nam''s stock market displayed unexpected strength.
The new VAT law, which is expected to provide breakthrough reforms are, instead, is creating new barriers which must be removed to promote the development of the agro-forestry-fishery industry.
The twin policy changes, lifting the State’s long-standing monopoly over bullion operations and mandating electronic payments for high-value gold transactions, mark the most significant structural shift in the industry in over a decade.
Four banks — CBBank, Oceanbank, GPBank and DongABank — have transformed their operations, financial standing and technology over the past year, helping to stabilise and strengthen Việt Nam’s banking system.
The VN-Index could see a 15–20 per cent upside over the next 12–18 months following Việt Nam’s market upgrade, according to VinaCapital Fund Management JSC.
The sub-committee will be chaired by a Vice Minister of Industry and Trade, with a division-level official from the Government Office serving as Secretary.
The SBV requires credit institutions and SBV’s branches in the affected regions to proactively review and evaluate the status of the customers to take incentive policies.
Building on the positive momentum from previous engagement and delegation opportunities, this marks the second year that Standard Chartered has signed MoUs with both Việt Nam and Hong Kong-based corporates to promote the business ties between Hong Kong and Việt...
Also supporting the market, foreign investors ended a streak of 15 consecutive sessions of net selling, purchasing VNĐ233.9 billion worth of stocks on the HoSE.
