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Peak Month Campaign ‘Collective Savings for the Poor’
Implementing the movement “Nationwide Unity for the Poor, Leaving No One Behind”, the Provincial Committee of the Vietnam Fatherland Front (VFF) coordinates with the Social Policy Bank (CSXH) Provincial Branch and socio-political organizations to execute the peak-month plan “Collective Savings…
Vietnam Expands QR Code Payments to Overseas Markets
Vietnam has completed cross-border QR code payment connections with Thailand and Cambodia, and is currently deploying these with Laos, with plans to further expand into countries within and outside the ASEAN region. This morning (May 8), the State Bank of…
Boosting Business Resilience through VAT Reduction
Recently, value-added tax (VAT) has been adjusted downwards three times, positively impacting consumer demand and the economy. In the context where production and business activities continue to face challenges, the Government has proposed further reductions in VAT for the latter…
Vietnam – A Promising Destination for International Investors: Leveraging Free Trade Agreements and Emerging Market Potential
The global economy and trade are facing significant disruptions worldwide. However, domestically, Vietnam, as a member of several free trade agreements, is seeing positive impacts alongside emerging market potentials. These factors ensure continuous dynamism in commercial relations between Vietnam and…
State Bank of Vietnam Calls for Continued Interest Rate Reductions to Stimulate Credit Growth
On May 30, the State Bank of Vietnam (SBV) issued document No. 4462/NHNN-CSTT requesting credit institutions and branches of foreign banks (collectively referred to as CIs) to implement several measures regarding credit and interest rates. Specifically, the SBV instructed CIs…
Exchange of Work in Managing Operations at Lao Cai – Yunnan Border Gates
On the morning of June 8th, at the International Border Gate No. 2 Kim Thanh (Lao Cai), delegations from the Lao Cai Province Border Gate and Yunnan Province Border Gate held a working session to exchange and propose initiatives regarding…
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