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Sunday, December 29, 2024

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Dat Thanh

Dat Thanh

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SBV raises credit growth quotas for banks

HCMC – The State Bank of Vietnam (SBV) has increased credit growth quotas for banks in 2024, allowing lenders to expand lending. This is the...

GAS, POW ink LNG deal for power plant projects

HCMC – PetroVietnam Gas Joint Stock Corporation (HOSE: GAS) and PetroVietnam Power Corporation (HOSE: POW) have signed a contract to supply liquefied natural gas...

Long Thanh airport’s power substation connected to national grid ahead of schedule

HCMC – The Long Thanh International Airport's 110kV power substation was connected to the national grid on November 27, two months earlier than originally planned. Developed...

Proposed tax on sweetened beverages sparks debate at NA session

HCMC – A heated discussion took place among National Assembly deputies on November 27 over a proposal to impose a 10% special consumption tax...

Penalties proposed against loan-insurance bundling by banks

HCMC – Vietnam’s central bank has drafted a decree proposing fines of up to VND500 million for banks that bundle loans with non-compulsory insurance...

Vietnam seeks stronger U.S. business engagement

HCMC – Prime Minister Pham Minh Chinh has called on U.S. businesses to expand their investments in Vietnam, emphasizing the country’s commitment to improving...

Vietnam raises VAT threshold for small businesses

HCMC – The National Assembly has approved the amended Value-Added Tax (VAT) Law, raising the taxable revenue threshold from VND100 million to VND200 million per...

NCB doubles charter capital to nearly VND11.8 trillion

HCMC – National Citizen Commercial Joint Stock Bank (NCB) has completed a share issue via private placement, doubling its charter capital to nearly VND11.8...

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