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HCMC proposes foreign currency accounts for overseas Vietnamese

HCMC – HCMC is considering proposing a legal framework to allow overseas Vietnamese individuals the option to open bank accounts denominated in foreign currency. This...

Reports required for money transfers from VND500 million

HCMC - The State Bank of Vietnam has issued Circular 09/2023 requiring that information on individuals involved in an electronic transfer of VND500 million...

SMEs near breaking point: report

HCMC – Small- and medium-sized enterprises (SMEs) in Vietnam are almost too frail to weather difficulties, the Ministry of Planning and Investment said in...

PM orders ensuring food security while boosting rice exports

HCMC - The prime minister has issued a directive requesting relevant authorities to ensure national food security while the country has a better opportunity...

Ninh Thuan looks to become renewable energy hub

HCMC - Ninh Thuan Province aims to become a renewable energy hub of the country with an ambitious target of achieving a total capacity...

New playground for banks

Developing a brand exclusively for wealthy customers and offering asset management services for individuals and families have emerged as a strategy of banks in...

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