Main business banks conform to additional cut back rates of interest



PM works with ministries, agencies on finance-banking activities



PM works with ministries, companies on finance-banking actions

Prime Minister Pham Minh Chinh held a working session with the State Financial institution of Vietnam (SBV), the Ministry of Finance and the Ministry of Justice on April 22 to evaluation and step up the issuance of two necessary circulars associated to the finance-banking sector.


Vietnam, New Zealand share experience in improving quality of auditing



Vietnam, New Zealand share expertise in bettering high quality of auditing

The State Audit of Vietnam (SAV) and the Audit New Zealand shared expertise in and options to lift the standard of auditing throughout a latest working session between Vietnamese Deputy Auditor Basic Ha Thi My Dung and Controller and Auditor-Basic of New Zealand John Ryan, as a part of the previous’s go to to New Zealand.


Standard Chartered, MISA to provide financing to small businesses



Normal Chartered, MISA to supply financing to small companies

Normal Chartered Financial institution has introduced the launch of a strategic partnership with data expertise firm MISA JSC to supply unsecured bill financing to small and medium-sized enterprises at aggressive rates of interest and straight-through processes.


Slowing realty market hinders big banks in bad debt recovery



Slowing realty market hinders massive banks in dangerous debt restoration

Having maintain of a considerable amount of dangerous money owed mortgaged by actual property, Vietnam’s 4 largest State-owned banks are urgently recovering the money owed, however the work stays robust for them as a result of slowdown of the realty market.


In bold move, Vietnam cuts interest rates



In daring transfer, Vietnam cuts rates of interest

(VEN) – Monetary consultants say the latest choice by the State Financial institution of Vietnam (SBV) to chop rates of interest is a daring however affordable transfer given the necessity to ease enterprise entry to loans with a purpose to speed up progress.


Digital payments surge in first two months of 2022



Digital funds surge in first two months of 2022

Non-cash cost transactions witnessed a big surge within the first two months of this 12 months, indicating a notable shift in clients’ behaviour in direction of fashionable monetary providers.


Ministry proposes lower tax rate for small, micro-enterprises



Ministry proposes decrease tax charge for small, micro-enterprises

The Ministry of Finance (MOF) has proposed company earnings tax charge on small and micro-sized enterprises be lowered than the frequent charge in an effort to assist them to beat the troublesome time and promote their improvement.


Japanese banks to provide US$300m for Vietnam



Japanese banks to supply US$300m for Vietnam’s renewable vitality

4 Japanese banks will co-finance a complete of US$300 million in credit score strains to energy producers utilizing renewable vitality in Vietnam to assist the rising Southeast Asian nation decarbonize.


Central bank to cut refinance rate in next quarter: UOB



Central financial institution to chop refinance charge in subsequent quarter: UOB

The Singapore-based United Abroad Financial institution (UOB) anticipates the State Financial institution of Vietnam (SBV) will reduce its refinance charge within the second quarter this 12 months by 100 foundation factors to five.00%.


Decree 08, a magic wand for corporate bonds?



Decree 08, a magic wand for company bonds?

(VEN) – Economists imagine the newly issued authorities decree on the personal issuance of company bonds may have a optimistic impression on the company bond market.



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