Major corporations and banks took centre stage on September 9 morning as the largest tax contributors in Vietnam, underscoring their vital role in shaping the country’s economic landscape.
Vietnam to start building 7 bln USD international financial hub in HCM City
HCM City will begin construction of a long-planned international financial centre (IFC) in September, part of Vietnam’s push to position itself as a regional financial hub alongside Singapore and Hong …
National Australia Bank cuts 410 jobs, to hire in India and Vietnam
National Australia Bank is cutting 410 jobs in its technology and enterprise operations in Australia and creating 127 roles in India and Vietnam, a spokesperson said, confirming cuts first revealed by …
Foreign investors eye Vietnam’s property market through M&A
Vietnam’s real estate sector is increasingly attracting foreign investors through mergers and acquisitions (M&A), with cooperative and “friendly” deals emerging as the prevailing trend.
Vietnamese property tycoon to stand trial over US$38mil profit from state land deal
A Vietnamese real estate magnate is set to go on trial in HCM City later this month, accused of unlawfully profiting nearly VNĐ970 billion (US$38 million) from the transfer of prime state-owned land, …
Abundant opportunities in Vietnam’s real estate
Just months after the liberalisation of Vietnam’s Housing Law on 1 July 2015, allowing for foreign property ownership, the majority of foreign buyers have yet to consider Vietnam as a property …
Vietnam hastens measures to shore up property market, fuelling hopes of …
[HO CHI MINH CITY] Vietnam’s property market remains in a slump, with developers still reeling from a liquidity crunch, soaring interest rates, tighter rules on private placement bonds, and a …
How Vietnam walked into a population emergency
The fertility rate fell to 1.91 last year, below the “replacement” threshold of 2.1 births per woman considered necessary to keep a population stable. The shift follows decades of rapid economic …
Vietnam establishes fund to support defence diplomacy
HANOI: The Vietnamese government has issued a decree to establish a state financial fund outside the state budget, aimed at supporting defence diplomacy and policy implementation, Vietnam News Agency …
Banking on advice to boost financial futures
The banking system is set to take the lead in standardising personal financial consulting in Vietnam, a sector that has yet to develop fully due to the absence of a clear legal framework, experts say.