SSI Securities Corporation reported strong growth last year, with pre-tax profits growing by 54.4 percent to nearly 1.56 trillion VND (67.57 million USD) and income by 43.4 percent to 4.528 trillion VND (195.5 million USD).
Promoting consumer finance and simplifying procedures for loan applications would be a priority for commercial banks, financial companies and microfinance institutions as part of efforts to limit black credit, a conference heard in Ho Chi Minh City on January 20.
German federal parliament Bundestag’s Committee on Foreign Affairs has hosted a webinar on East Sea issues, with representatives of Vietnamese associations and experts in Germany in attendance.
A biodiversity conservation corridor project funded by the Asian Development Bank (ADB) has made positive changes to forest protection in the central provinces of Quang Nam, Quang Tri, and Thua Thien-Hue.
Vietnam’s credit registry coverage increased to 59.6 percent in 2020 from 41.8 percent in 2015, said Do Hoang Phong, director of the Vietnam Credit Information Centre (CIC).
Thailand’s Ministry of Tourism and Sports has gathered input from the tourism and hotel industries on potential measures to aid them in the current COVID-19 crisis, with loan deferments, utility discounts, and a tax deadline postponement among the measures to be proposed to the Prime Minister on January 12.
China's foreign direct investment (FDI) in Thailand is expected to increase significantly over the next few years as Chinese investors are planning to expand their local footprint, a survey by Siam Commercial Bank (SCB) shows.
The State Bank of Vietnam (SBV) targets a credit growth rate of 12 percent in 2021, equivalent to the growth of 12.13 percent last year, according to SBV Deputy Governor Dao Minh Tu.
Thailand’s GDP growth could drop below the 3.2 percent baseline projection due to lower foreign arrivals amidst uncertainty regarding COVID-19 vaccine efficiency, and reduced fiscal stimulus, according to the latest minute from the Bank of Thailand’s Monetary Policy Committee (MPC).
Thai Prime Minister Prayut Chan-o-cha has said that the country will give financial support to 40 million people who have lost their income due to impacts of COVID-19 pandemic prevention and control measures.
The Thai Government has sufficient budget to tackle the economic effects of the second wave of COVID-19, Director of the country’s Budget Bureau (BB) Dechapiwat Na Songkhla said on January 5.
The Ministry of Transport has proposed Prime Minister Nguyen Xuan Phuc approve the allocation of an additional 1.18 trillion VND (51.7 million USD) from the State budget to Deo Ca Tunnel Project.
Indonesian state-owned electricity giant PLN has secured a 500-million-USD “green loan” with a guarantee from the World Bank’s Multilateral Investment Guarantee Agency (MIGA) to keep seven renewable energy projects alive amid the COVID-19 pandemic.
The 2020 Vietnam International Fashion Festival (VIFF) featured a combination of various art forms like an orchestra, classic ballet, magicians' show, dance, and installation art.
Vietnam needs to increase policies to promote the development of the domestic mechanical engineering industry and enable local manufacturers to compete with foreign competitors.
The Health Department of the southern province of Vinh Long has quickly put in quarantine a person who returned from abroad from a pandemic hit country without declaration, conducted COVID-19 tests and traced people who had close contact with this person.
The banking industry's credit is projected to have expanded 11 percent for the year by the end of December, Deputy Governor of the State Bank of Vietnam (SBV) Dao Minh Tu revealed at a press conference on December 24.
The State Bank of Vietnam (SBV) has extended the credit growth limits for the second time this year to some commercial banks, of which the highest level is up to 30 percent.
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