Vietnamplus

Vietnam’s GDP growth would reach 6.8 percent from the 7.02 percent posted in 2019, mainly due to a slowdown in the industrial sector, analysts from Fitch Solutions forecast.

The southern province of Binh Duong has emerged as a spotlight nationwide in economic and industrial development in 2019.

Vietnam is committed to opening door for foreign investors, especially in the field of services, according to the roadmap in signed bilateral and multilateral free trade agreements.

Cashless payments would not only increase of the circulation of capital, it would also help boost the internet economy, said Deputy Prime Minister Vu Duc Dam.

Cashless payment would not only increase the circulation of capital but also help boost the internet economy, said Deputy Prime Minister Vu Duc Dam.

Ho Chi Minh City, the country’s commercial hub, has the potential to become a fintech hotspot of the country and region, according to experts.

Many banks and finance companies have proactively adopted technologies to provide digital financial services, Nguyen Hoang Minh, a senior central bank official said.

A delegation of the Vietnamese National Financial Supervisory Commission led by its Vice Chairman Nguyen Van Khach visited and held working sessions with agencies in Indonesia’s financial safety network in Jakarta from November 24-26.

A Vietnamese delegation, led by Nguyen Toan Thang, General Secretary of the Vietnam Banking Association, is attending the 22nd ASEAN Banking Conference that kicked off in the Cambodian capital city of Phnom Penh on November 25.

The Indonesian Financial Services Authority (FSA) has revised the credit growth in 2019 down to the range 8-10 percent from the range of 12-14 percent it forecast in the middle of the year.

Investors should make careful decisions when purchasing corporate bonds, especially coming with high yield rates, to avoid risks, the Ministry of Finance (MoF) has said.

Deputy Prime Minister Vuong Dinh Hue has proposed FWD Insurance of the Pacific Century Group participate in green financial funds for start-up and innovation projects in Vietnam.

Singapore will launch a green investment programme worth 2 billion USD, which aims to provide capital for “green” funds in the country, Education Minister Ong Ye Kung said at the Singapore FinTech Festival on November 11.

President of the Vietnam Cooperative Alliance (VCA) Nguyen Ngoc Bao has asked Japan to help Vietnam develop multi-service cooperatives which have proved successful in Japan.

As many as 706 enterprises, 85 percent of 832 listed companies on the Vietnamese stock market, generated profits during the third quarter of this year.

The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) has inaugurated its representative office in the US.

The flow of foreign direct investment (FDI) into the Association of Southeast Asian Nations (ASEAN) has gone up for the third consecutive year, breaking a record 155 billion USD set in 2018 following 147 billion USD in 2017.

The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) inaugurated its representative office in the US, on November 1.

The Financial Services Commission of the Republic of Korea said the country will deepen cooperation with the 10-member Association of Southeast Asian Nations (ASEAN) in the financial technology sector.

The European Union (EU) – Vietnam Free Trade Agreement (EVFTA) is set to have considerable impact on the future of the financial and telecom sectors of Vietnam, heard a workshop in Hanoi on October 23.