News

 The Viet Nam Asset Management Company (VAMC) is expected to reclaim a bad debt figure of VND50 trillion (US$2.13 billion) in 2019, higher than the volume of 2018 which stood at VND30.9 trillion ($1.32 billion).

Despite credit growth among Vietnamese credit institutions remaining low this year, experts are not concerned about the slowdown, saying it was a good sign for the economy.

Developers of Phu My Hung Midtown said this week they would launch the second phase of The Peak on May 25th following the successful first phase at the end of the first quarter.

Viet Nam has great potential to develop the resort market this year end and beyond due to increasing demand and high economic growth.

List of UPCoM stocks based on capital size as at 03/05/2019

Notice of the violations in UPCoM market because of late announcement of audited financial statements in 2018

HCMC – The index of the Hochiminh Stock Exchange was seen moving flat at the end of the session today, May 16, due to heavy sell-off.

HCMC – If a corporate income tax reduction is proposed for micro, small and medium enterprises as a whole, nearly all enterprises will be subject to the incentive, which may lead to unfair competition among them, stated Nguyen Quoc Hung, deputy director of the Tax Policy Department under the Ministry of Finance.

HCM City (VNA) – The Trade Office of the Austrian Embassy made its debut in Ho Chi Minh on May 16, expected to help connect business communities of Vietnam and Austria in the future.