Dollar strengthens as central bank lifts rate

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Báo Đầu Tư English 2 day(s) ago

Dollar strengthens as central bank lifts rate

The US dollar strengthened at domestic commercial banks on Monday, following an increase in the reference exchange rate that the State Bank of Viet Nam adjusted for the day.

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New guidelines on tax policies

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Báo Đầu Tư English 2 day(s) ago 1 related news

New guidelines on tax policies

The Law on amendments and supplements of some articles of the Law on Value Added Tax, the Law on Special Consumption Tax, and the Law on Tax Management will come into force from July 1, 2016.

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Safe food is fertile soil for financiers

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Báo Đầu Tư English 2 day(s) ago

Safe food is fertile soil for financiers

There are enormous opportunities for investment in agriculture in Vietnam, but through mergers and acquisitions, success has only come to a few investors, particularly the more experienced financiers.

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Local gold sales spike following Brexit vote

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VietStock FI English 2 day(s) ago

Local shops dealing in gold reported a surge in activity following the United Kingdom’s vote on Friday to leave the European Union – a decision that pushed international gold prices up sharply as worried investors sought a safe-haven asset.

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Banking service deemed poor

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VietStock FI English 2 day(s) ago

While Cambodia’s crowded banking sector has enjoyed strong growth, the majority of consumers surveyed have cited dissatisfaction with banking services as a main impediment for the sector’s confidence and future growth.

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New guidelines on tax policies

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Báo điện tử CP English 2 day(s) ago 1 related news

New guidelines on tax policies

VGP – The Law on amendments and supplements of some articles of the Law on Value Added Tax, the Law on Special Consumption Tax, and the Law on Tax Management will come into force from July 1, 2016.

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Da Nang-Bangkok air route launched

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Báo điện tử CP English 2 day(s) ago

Da Nang-Bangkok air route launched

VGP – The national flag carrier Viet Nam Airlines officially opened a new air route linking central Da Nang city and Thailand’s Bangkok on June 26.

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Vietnam to unveil new stock index VNX Allshare

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Báo Thanh Niên English 2 day(s) ago

Vietnam to unveil new stock index VNX Allshare

Vietnam is set to launch the third stock index this October to make it easier to track the performance of the country's two bourses and give the market a major boost, local media have reported.

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Businesses fear loan interest rate hikes as banks pay more for deposits

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Báo Thanh Niên English 2 day(s) ago

Businesses fear loan interest rate hikes as banks pay more for deposits

Commercial banks have hiked deposit interest rates, raising fears about a concomitant lending rate hike, which would deal a big blow to local enterprises that are already struggling to compete with their foreign rivals who can borrow at much lower rates from foreign banks.

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Overseas remittances contribute to production, trading in HCMC

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SaiGon GP English 2 day(s) ago

Overseas remittances contribute to production, trading in HCMC

Overseas remittances to Ho Chi Minh City were estimated to reach US$2.1 billion in the first half this year, up 3 percent over the same period last year, said deputy director of the State Bank of Vietnam in HCMC Nguyen Hoang Minh .

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Luc Ngan- Bac Giang Lychee Week takes place in Hanoi

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SaiGon GP English 2 day(s) ago

Luc Ngan- Bac Giang Lychee Week takes place in Hanoi

The 2016 Luc Ngan- Bac Giang Lychee Week was launched yesterday in Hanoi, aiming to close easily Bac Giang province’s cultivation produce with Hanoi consumers in the period of 2016-2020.
Illustrative photo:SGGP

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Capital requirements drafted for new airlines

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Báo Đầu Tư English 2 day(s) ago

Capital requirements drafted for new airlines

The Ministry of Transport has submitted a draft decree on conditional business lines. According to the draft, a new airline must have capital of at least VND100 billion (US$4.66 million).

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VN stocks extend losses on low investor confidence

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Báo Đầu Tư English 2 day(s) ago

VN stocks extend losses on low investor confidence

Vietnamese shares slid further in the early session as investor confidence remained low after the British people voted to leave the European Union (EU).

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Kido gloves are off in M&A bout

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Báo Đầu Tư English 3 day(s) ago

Kido gloves are off in M&A bout

Kido Group plans to dominate the consumer foods market in 2016 by making aggressive merger and acquisition deals.

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Gauging the knock-on effects of Brexit

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Báo Đầu Tư English 3 day(s) ago 1 related news

Gauging the knock-on effects of Brexit

The UK’s decision to leave the European Union sent the Vietnamese stock market into turbulence last Friday, but experts noted that the effects are likely to be short-term.

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