Minister Counsellor Nguyen Hoang Nguyen, Deputy Head of the Permanent Delegation of Vietnam to the UN, on October 16 recommended several issues that the organisation and its member states should prioritise and promote in the coming time, at a meeting hosted by the Economic and Financial Committee of the UN General Assembly (UNGA)’s 77th Session.
VOV.VN - Typhoon Yagi that pounded northern Vietnam in early September has caused an estimated loss of VND81,500 billion (nearly US$3 billion), according to a Vietnamese official.
Prime Minister Pham Minh Chinh on September 30 asked competent ministries, sectors, Ho Chi Minh City and Da Nang city to clearly define the scope and operating model of regional and international financial centres to be established in Vietnam.
The south-central coastal province of Binh Dinh will provide one-time financial support for the installation of vessel monitoring systems (VMS) for boats that are 12-15 metres in length, as part of the efforts to clamp down on illegal, unreported and unregulated (IUU) fishing.
Financial frauds and cyberattacks on the Vietnamese financial information systems are on the rise, but many domestic financial agencies still do not pay due attention to the issue, officials said.
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.
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.
Prime Minister Pham Minh Chinh has signed a decision on the organisation of the Steering Committee on formulating the project on building regional and international financial centres.
Total assets of the Vietnamese credit institution system by the end of June 2024 reached more than VND21.07 quadrillion, an increase of 4.97% compared to the end of 2023, the State Bank of Vietnam (SBV)’s latest data show.
Companies should apply international financial reporting standards (IFRS) to improve transparency and increase the chances to expand globally, experts have said.