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Banks must contact card holders with overdue debt: SBV

Banks must proactively contact credit card holders whose debt is overdue, according to a State Bank of Vietnam (SBV) directive.

Four out of five Vietnamese consumers use e-wallet

Of every five Vietnamese consumers, four use e-wallets regularly. Most are Gen X or luxury consumers, according to a report released by Visa on March 19 in HCM City.

Singapore is the largest foreign investor in VN in Q1

Vietnam has attracted a total of US$6.17 billion in foreign investment in the first quarter of this year with Singapore being the largest investor accounting for 41.3 per cent of the investment influx.

VNDirect cyberattack causes big splash on stock market

The online securities trading system at VNDirect Securities Company (VNDirect) is likely to have suffered from a data encryption hack for extortion.

Tan Hiep Phat founder, daughters to stand trial next month

Tran Qui Thanh, founder of Tan Hiep Phat Beverage Group, and his two daughters will stand trial in April on alleged charges of abusing trust to misappropriate assets totaling VND1,048 billion.

Vietnamese tuna available in 80 markets worldwide

Vietnamese tuna products have been exported to more than 80 markets around the world during the opening two months of the year, 10 more markets compared to the same period last year.

Carriers asked to develop fleet operation plan to meet summer travel demand

The Ministry of Transport has asked carriers to develop aircraft fleet operation plans to meet the rising travel demand for the upcoming national holidays and summer peak.

VCCI calls for greater support for R&D costs of FDI firms

The Vietnam Chamber of Commerce and Industry has proposed increasing the support for research and development costs to over 50% for foreign direct investment businesses, it said in policy feedback requested by the Ministry of Planning and Investment.

VN ready to welcome “eagles” in electronics, semiconductor industry

Vietnam has prepared necessary conditions to attract “eagles” worldwide in the electronics and semiconductor industry, Deputy Minister of Planning and Investment Tran Duy Dong told the Vietnam Global Manufacturing Forum 2024 (VGMF2024).

VN’s stock market outshines savings

The stock market in Vietnam is expected to gain popularity among domestic individual investors due to its accessibility, profit potential, and demographic and income level improvements.

Finance ministry clears bottlenecks to pave way for stock market upgrade

The Ministry of Finance (MoF) is seeking opinions on amending several legal provisions to remove various bottlenecks and meet the criteria for stock market upgrades by rating agencies.

Vietnam eats forests by planting large timber forests to sell carbon credits

In the story ‘We Have Eaten The Forest’ of a Montagnard village in the Central Highlands of Vietnam, ethnologist Georges Condominas tells about the ancient way of ‘eating the forest’, which is to preserve the forest culturally.

Good signs for Vietnam's rice exports

After many fluctuations in supply and prices last year, global rice trade continues to be "hot" from the beginning of this year.

Former ’Shark Tank’ investor arrested for fraud

Nguyen Ngoc Thuy, President of Egroup Education Corporation, famous for his appearance as a judge in the TV show 'Shark Tank Vietnam', was arrested yesterday for allegedly 'Fraudulently appropriating property'.

SSC issues security warning following VNDirect system breach

The State Securities Commission (SSC) issued a security warning late Monday regarding the online securities trading system of VNDirect Securities Company (VNDirect).

Central bank told card issuers to review procedures

The State Bank of Vietnam (SBV) has issued a directive, demanding commercial banks conduct reviews on their procedures in issuing and managing bank cards.

Central bank works on bad debt regulations

The draft circular supplements regulations that VAMC can sell collateral of a NPL higher or lower than the principal balance of the NPL.

18 leaders of businesses owing taxes not permitted to exit the country

These business owners are owing hundreds of billions of Vietnamese Dong in taxes, the Tax Department of Binh Phuoc Province said.

Cyberattack on VNDirect’s system by international organisation under control

VNDirect, the first online trading broker in Vietnam, said on March 25 that it has resolved a cyberattack by an international organisation on its system and has been making efforts to restore the entire system to limit disruptions in transactions.

Standard Chartered forecasts Vietnam’s GDP in Q1 to moderate to 6.1%

Standard Chartered Bank forecasts Vietnam’s GDP growth in the first quarter of the year to moderate to a still-strong 6.1% year-on-year from 6.7% in the fourth quarter of last year, according to its recent global research report.