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finance

E-transfers from 1,000 USD at Vietnams IFC must be reported: Draft decree

E-transfers from 1,000 USD at Vietnam’s IFC must be reported: Draft decree

The State Bank of Vietnam (SBV) has proposed that all electronic money transfers of US$1,000 or more at the shaping International Financial Centre (IFC) must be reported.
Việt Nam targets to launch international financial centres by the end of 2025

Việt Nam targets to launch international financial centres by the end of 2025

Prime Minister Phạm Minh Chính who also heads the Steering Committee for Việt Nam’s International Financial Centre (IFC), signed a decision on Friday approving an action plan to establish IFC in HCM City and Đà Nẵng by the end of...
HDBank secures record syndicated loan from top global lenders

HDBank secures record syndicated loan from top global lenders

HDBank has signed a landmark US$215 million syndicated loan agreement with three leading international financial institutions, JICA, FinDev Canada and Sumitomo Mitsui Banking Corporation (SMBC), to bolster its sustainable finance agenda.
Private enterprises to be a driving force behind VNs brands

Private enterprises to be a driving force behind VN's brands

The brands have not only reached global markets with high-quality products but also built compelling brand narratives, an innovation spirit and strong commitments to sustainable development.
VETC secures IFC investment to expand digital tolling across Việt Nam

VETC secures IFC investment to expand digital tolling across Việt Nam

The five-year convertible bond deal will help VETC, which controls 75 per cent of the ETC market, expand its system nationwide by 2030.
Viettel leads Việt Nams top brands in sustainability perception value

Viettel leads Việt Nam’s top brands in sustainability perception value

The report shows a rising commitment to sustainability among Việt Nam’s major brands, with the banking sector dominating half of the top 10.
Ministry proposes preferential tax rates for enterprises

Ministry proposes preferential tax rates for enterprises

The proposal is included in the ministry’s draft decree guiding the Law on Corporate Income Tax, which has recently been submitted to the Government.
Multiple fees and charges to be slashed to aid development

Multiple fees and charges to be slashed to aid development

The reductions cover a wide range of areas, including public administration, construction, finance, healthcare, agriculture and environmental services.
Survey reveals longer life no longer top priority for Vietnamese people

Survey reveals longer life no longer top priority for Vietnamese people

The findings reveal a noteworthy trend: Vietnamese people now prioritise ''adding life to years'' over ''adding years to life''.
​​​​​​​Womens participation critical to fuel Việt Nams green ambitions

​​​​​​​Women's participation critical to fuel Việt Nam’s green ambitions

While the solar energy, plastics recycling and rice production sectors are central to Việt Nam''s climate ambitions, women remain significantly underrepresented – holding just 23 per cent of formal jobs and 21 per cent of leadership roles on average.
HDBank, PV Power sign 76.7 million deal to boost sustainable energy transition

HDBank, PV Power sign $76.7 million deal to boost sustainable energy transition

HDBank has signed a VNĐ2 trillion (US\$76.7 million) credit agreement with PetroVietnam Power Corporation (PV Power), a subsidiary of Petrovietnam.
LOTTE Finance Vietnam raises charter capital to US188 million

LOTTE Finance Vietnam raises charter capital to US$188 million

LOTTE Finance’s charter capital has increased by more than VNĐ726 billion to VNĐ4.9 trillion (US$188 million), with Lotte Card Co Ltd (South Korea) owning 100 per cent of the charter capital.
Green finance fuels Việt Nams agricultural transformation

Green finance fuels Việt Nam’s agricultural transformation

Many banks have established green transition steering committees, embedded the ESG criteria in their business strategies, and expanded funding for environmentally-friendly sectors.
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.
HSBC facilitates five-year green club loan for Gamuda Land

HSBC facilitates five-year green club loan for Gamuda Land

HSBC Bank, with Mizuho Bank, SMBC, and United Overseas Bank (Vietnam) Limited, will provide a five-year green club loan to Malaysia-owned Tam Luc Real Estate Corporation.