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Along with the contraction in fresh capital, the disbursed capital also slightly plunged 2.2 per cent from a year earlier to $4.3 billion, it noted. 

A number of changes have been proposed to Việt Nam’s preferential tax policies by the Ministry of Finance (MoF).

Green credit growth in Việt Nam has remained limited due to the lack of a clear legal framework, according to industry insiders.

Phùng Anh Tuấn, executive vice chairman and secretary general at Việt Nam Association of Financial Investors (VAFI), passed the remarks at the Fintech Revolution Summit in Hà Nội on Monday.

The domestic price cap for air service will averagely increase by 3.75 per cent from the current one from the second or third quarter of 2023, according to the Ministry of Transport.

According to an expert from Việt Nam Securities Company Limited Bank for Foreign Trade (VCBS), the country’s rice industry enjoys favourable factors, such as weather and geographical advantage.

It logged a long rising streak of five days with the market’s breadth inclining to the uptrend.

VPBank on Monday announced that it has entered into an agreement with Japan’s Sumitomo Mitsui Banking Corporation (SMBC) – a subsidiary of Sumitomo Mitsui Financial Group, Inc (SMFG) to issue 15 per cent of equity stake through a private placement, officially welcoming SMBC as a foreign strategic investor of the bank.

Việt Nam exported 7,420 tonnes of coffee worth US$18.77 million to the Netherlands in the first two months of the year, up 93.1 per cent in volume and 105.7 per cent in value year on year, according to the General Department of Việt Nam Customs.

Investors are likely to have few opportunities to disburse when the market is entering a sideways state with low liquidity, said brokerages.