The real estate, financial services (mainly securities) and insurance are the industries with the highest average income for CEOs, according to a recent report by FiinGroup, FiinRatings and VNIDA. Full Article
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Small banks face more loan delinquencies, liquidity issues 04/09
Several small Vietnamese banks are more vulnerable to liquidity risks due to their higher use of short-term market funds amid sluggish deposit growth.
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Ministry of Finance proposes new audit standards, targets large enterprise with stricter fines 04/09
The Ministry of Finance has proposed significant amendments to the Law on Independent Audit to enhance transparency and fairness in the financial market, particularly by tightening the auditing requirements for large enterprises.
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Challenges of collecting e-commerce tax losses 04/09
Tax management revenue from organisations and individuals with e-commerce business activities was VNĐ1.98 quadrillion in the first six months of this year.
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Govt’ reduces registration fees to boost car sales 31/08
The Vietnamese government has announced a temporary 50 per cent reduction in registration fees for domestically produced and assembled cars.
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Banks with outstanding loans reaching 80 per cent of allocated credit growth quota allowed to expand credit room automatically 29/08
Banks with high outstanding loans can proactively increase their credit growth quota without having to send proposals and get approvals from the central bank, the SBV announced on Wednesday.
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Banks issue bonds to raise long-term capital, adhere to regulations 29/08
Commercial banks are seeking to issue bonds to raise long-term capital while adhering to capital safety regulations set by the central bank.
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Central bank takes looser monetary measures 29/08
The SBV this week also continued to reduce the bill interest rate from 4.2 per cent per year to 4.15 per cent per year.
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Solutions deal with inflationary pressure from wage increases 29/08
Dr. Nguyen Quoc Viet, Deputy Director of VEPR, discussed with Vietnam News Agency the 30 per cent increase in Vietnam's basic salary to VND2.34 million on July 1, and concerns over potential market price hikes.
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Tax watchdog wants to develop a portal to manage individuals and households doing e-commerce business 28/08
The General Department of Taxation is working on developing an e-portal for individuals and business households which run e-commerce business to facilitate their tax registration, declarations and payments.
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First bank to stop selling gold via website, officially selling gold via app 28/08
Vietcombank announced that starting from 10 am on Tuesday, customers could buy gold via its digital banking application.
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Credit recovers after July decrease 28/08
Data released by the SBV shows in the first half of this year, interest rates for new and existing loans continued to decrease.
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Long-term deposit interest rates reach 7.4 per cent 27/08
Vietcombank Securities Company (VCBS) forecasts that deposit interest rates in the third quarter of 2024 will continue to increase by about 0.3-0.5 percentage points.
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Vietnamese, Lao central banks discuss cooperation in using local currencies in bilateral trade 23/08
The State Bank of VietNam and the Bank of Laos have jointly organised a conference to share experience in promoting the use of respective domestic currencies in bilateral trade and investment.
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Banks to develop roadmap to comply with share ownership cap policy 21/08
According to the Law, which took effect from July 1 this year, institutional shareholders will need to lower the percentage of shares they hold in a credit institutions from 15 per cent to 10 per cent
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