SSI revenue slumps in Q2 but still up in first half Business

SSI revenue slumps in Q2 but still up in first half

The SSI Securities Corporation reported an after-tax profit of 416 billion VND (17.7 million USD) on revenue of 1.58 trillion VND (67.3 million USD) in the second quarter of the year, a year-on-year decrease of 26% and 8%, respectively.
Top legislator urges for healthy banking system Business

Top legislator urges for healthy banking system

National Assembly Chairman Vuong Dinh Hue urged for a healthy banking system in which domestic lenders act as key players and operate in a healthy, effective and transparent manner when assessing the answers of State Bank Governor Nguyen Thi Hong during the Q&A session of the 15th NA in Hanoi on June 9.
Credit supply sees two-fold rise Business

Credit supply sees two-fold rise

Total credit supply in 2022 reached over 11 quadrillion VND (474.3 billion USD) as of May 20, up 7.66 percent compared to that at the end of 2021 and doubling the figure recorded in the same time last year, according to Deputy Governor of the State Bank of Vietnam (SBV) Dao Minh Tu.
Officials detail crackdown on fake news, wrongdoings in capital market Politics

Officials detail crackdown on fake news, wrongdoings in capital market

An official of the Ministry of Public Security (MPS) mentioned measures for cracking down on fake news while another from the Ministry of Finance (MoF) highlighted ways to ensure the transparency of the financial, stock, and bond markets at the Government’s monthly press conference on April 29.