Tag: financial institutions
Vietnam International Financial Centre proposal up for legislature debate
VOV.VN - Authorised by the Prime Minister, Minister of Finance Nguyen Van Thang presented a draft resolution of the National Assembly on the establishment of an international financial centre in Vietnam, at the ongoing 9th session of the legislature.
P4G shares experience in unleashing finance strategy for green growth
VOV.VN - Delegates shared experience in revitalizing and unleashing finance strategy for global green growth during a ministerial session in Hanoi on April 17 as part of the fourth Partnering for Green Growth and the Global Goals 2030 Summit (P4G).
Decree on foreign investment in Vietnamese financial institutions amended
The Vietnamese Government has issued a new decree stipulating that foreign investors could only buy treasury stocks which were purchased by credit institutions before January 1, 2021.
ADB maintains 6.0% GDP growth forecast for Vietnam this year
VOV.VN - The Asian Development Bank (ADB) has maintained a positive economic outlook for Vietnam, forecasting its GDP growth at 6.0% this year and 6.2% next year, according to the Asian Development Outlook (ADO) September released on September 24.
Standard Chartered named “Best Foreign SME Bank in Vietnam 2024”
VOV.VN - Standard Chartered Bank Vietnam has been named as the “Best Foreign SME Bank in Vietnam” for 2024, with this being the second consecutive year the financial institution has picked up the award.
Vietnam’s FDI capital likely to hit US$40 billion this year
VOV.VN - Vietnam expects to attract about US$39-40 billion in foreign direct investment (FDI) capital this year, a figure which is equivalent or higher than the same period in 2023, said Deputy Minister of Planning and Investment Tran Quoc Phuong.
International financiers upbeat about Vietnam’s economic outlook for 2024
VOV.VN - A number of international financiers have expressed their optimism about Vietnam’s economic growth in 2024 which is likely to be higher than last year’s figure, reported by Tuoi Tre (Young Age) newspaper.
Banks requested to further cut lending rates to support business production
VOV.VN - Prime Minister Pham Minh Chinh has asked the State Bank of Vietnam to direct banks to further lower lending rates to increase the economy’s access to capital.
International financial institutions optimistic about Vietnam’s economic growth
Many international financial institutions have expressed their optimism about Vietnam’s GDP growth, and shared the view that it would reach at least 6% this year.
Vietnam’s ultra-rich individuals to hit 1,300 by 2027: Knight Frank
VOV.VN - An annual Wealth Report released recently by Knight Frank shows that the number of ultra-high net worth individuals with assets of more than US$30 million each in Vietnam is projected to increase considerably in the next five years.
