The credit growth target was set at approximately 15 per cent at the beginning of the year.
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PM asks central bank to accelerate lending to businesses 28/11
Prime Minister Pham Minh Chinh signed an official dispatch on Wednesday requesting the State Bank of Vietnam to enhance credit management in the remaining months of this year to accelerate lending for production and business.
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Finance ministry proposes changes in new personal income tax law 28/11
The replacement law is set to be approved by the National Assembly at its 11th session in May 2026.
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Bank savings among most attractive investment channels 27/11
In August alone, the amount of new deposits was nearly VNĐ86.48 trillion, meaning that nearly VNĐ2.9 trillion was deposited at banks every day on average.
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Banks struggle to reach online lending target 26/11
Pham Anh Tuan, Director of the SBV’s Payment Department, said after three years of implementing the decision, the banking industry still has a lot of work to do to meet the target.
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Tax sector forms task force to support e-commerce platforms 26/11
The tax authorities will establish a special task force to provide timely information and direct support to e-commerce platforms in implementing tax policies.
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Signs of renewal amid diverse issuances in green bond market 25/11
Since the start of the year, four green bond issuances have been recorded, marking renewed activity in this segment.
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Monetary policy forecast unlikely to loosen further 22/11
It will be difficult for the State Bank of Vietnam (SBV) to further loosen monetary policy due to a rising USD/VNĐ exchange rate pressure, experts said.
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VAT tax reduction should continue until mid-2025: MoF 21/11
The Ministry of Finance (MoF) has proposed Vietnam's value-added-tax (VAT) reduction should continue until at least June 2025, saying the tax cut has provided both the business community and the economy with much-needed support.
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Tax shift: e-commerce platforms could shoulder seller tax responsibilities 20/11
The proposed amendment would require platforms like Facebook, Apple and Netflix, which generate revenues in Vietnam, to register and pay taxes directly or through authorised representatives starting January 1, 2025.
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US affirms Vietnam not manipulating currency 19/11
In its latest report the US Department of the Treasury said that Vietnam does not manipulate currency.
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Exchange rate fluctuations bring huge profits to many banks 18/11
The total net profit from the foreign exchange trading segment of 29 banks in the first three quarters of 2024 reached more than VNĐ19.62 trillion.
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Should Vietnam implement VAT on fertilisers? 18/11
A contentious debate has arisen over whether Vietnam should impose a 5 per cent VAT on fertilisers to boost local production or retain the current tax exemption to support farmers.
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Central bank issues new decisions on deposit interest rates 18/11
According to the SBV, Decision No. 2410/QĐ-NHNN and Decision No. 2410/QĐ-NHNN aim to ensure consistency on a legal basis with other issued circulars on deposit interest rates.
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Vietnam needs to build a strategy for disaster risk financing and insurance 18/11
The country’s current financial capacity covers only about 21 per cent of the need for relief and recovery after natural disasters.
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