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Bank credit in HCM City projected to grow 13.5% in 2025

Bank credit in HCM City projected to grow 13.5% in 2025

Total outstanding loans of credit institutions in HCM City were estimated at VNĐ5.08 quadrillion (US$193.1 billion) as of December 31 this year, up 0.95 per cent from November and 13.5 per cent compared with the end of 2024, according to...
SSI reports sharp profit growth in Q3 2025

SSI reports sharp profit growth in Q3 2025

SSI Securities Corporation (HoSE: SSI) has announced its separate financial results for the third quarter of 2025, reporting total revenue of VNĐ4.1 trillion (US$155.6 million) and pre-tax profit of VNĐ1.78 trillion (US$67.5 million), year-on-year increases of 107 per cent and...
Salary growth falls to record low as firms turn cautious

Salary growth falls to record low as firms turn cautious

Salary growth has slowed to its lowest pace in recent years, reflecting cautious spending and tighter global HR budgets, according to the 2025 Talentnet–Mercer Total Remuneration Survey.
Việt Nam leads Southeast Asia performance for Kaspersky

Việt Nam leads Southeast Asia performance for Kaspersky

Kaspersky has reported a 20 per cent year-on-year increase in total sales in Việt Nam for 2024, marking the highest growth rate among Southeast Asian markets. The global cybersecurity company also achieved record-high global revenue of US$822 million last year.
Việt Nam struggles with millions of tonnes of excess cement, says MoC

Việt Nam struggles with millions of tonnes of excess cement, says MoC

The Ministry of Construction said it had proposed adding cement sector planning to the list of specialised technical planning under the Planning Law, but the proposal was not approved by the National Assembly.
Several provinces achieve record-breaking import-export growth

Several provinces achieve record-breaking import-export growth

In the first ten months of 2024, several provinces and cities in Việt Nam recorded remarkable improvements in import-export turnover.
Total retail sales up 8.5 per cent in January – August

Total retail sales up 8.5 per cent in January – August

Revenue from accommodation and catering services rose by 14.3 per cent while tourism rose by 26.2 per cent in the period.
Việt Nam attracts nearly 21 billion in FDI in eight months

Việt Nam attracts nearly $21 billion in FDI in eight months

The total registered foreign direct investment (FDI) in Việt Nam reached nearly US$21 billion as of August 31, up 7 per cent over the same period last year.
Total assets of VN credit institutions rise by 4.97%

Total assets of VN credit institutions rise by 4.97%

Total assets of the Vietnamese credit institution system by the end of June 2024 reached more than VNĐ21.07 quadrillion, an increase of 4.97 per cent compared to the end of 2023
Insurance businesses earn 4.5 billion in revenue in H1

Insurance businesses earn $4.5 billion in revenue in H1

The life insurance sector has been facing difficulties following a crisis of confidence since the beginning of last year.
Bank lending on clear recovery path in HCM City

Bank lending on clear recovery path in HCM City

Total loans outstanding at banks in HCM City as of the end of March were worth over VNĐ3.57 quadrillion (US$142.57 billion), a 1.9 per cent increase from the previous month, and 9.45 per cent up year-on-year, according to the central...
Hà Nội: Key products make up nearly 35 per cent of total industrial production value

Hà Nội: Key products make up nearly 35 per cent of total industrial production value

Hà Nội is set to enhance support for them in brand building, technology transfer, workforce training, and product innovation.
Risk provision costs erode bank profits in Q3 2023

Risk provision costs erode bank profits in Q3 2023

The increase in provision costs of banks in recent quarters was forecast previously as the sharp increase in bad debt of firms, especially in the real estate and export sectors.
Vietnamese companies to raise salaries this year more than foreign firms

Vietnamese companies to raise salaries this year more than foreign firms

The overall salary increase this year is 7.9 per cent at local companies, 0.2 percentage points higher than last year.
VAT cuts of 2 per cent to be extended

VAT cuts of 2 per cent to be extended

Total retail sales of consumer goods and services hit VNĐ524.6 trillion ($21.4 billion) in September, up 2.4 per cent month-by-month, indicating a recovery in demand.