As the pandemic continues to persist, stronger measures are needed to restructure debts and lower interest rates for customers. The State Bank of Vietnam (SBV), the country’s central bank, suggested the Vietnam Banks Association (VNBA) should reach an agreement with commercial banks and institutions in lowering interest rates in July. SBV’s Vice Governor Dao Minh […]
Read MoreMany businesses and manufacturers are finding ways to adapt to the COVID-19 pandemic, maintaining operations and keeping workers safe. In the first six months of the year, about 70,200 businesses were closed due to the pandemic, a year-on-year increase of 24.9 per cent, according to the General Statistics Office. Businesses in industrial parks and export processing zones in HCM City have […]
Read MoreThe stupendous surge of retail investors across the globe has prompted digitally-led investment applications and online platforms to develop, as they look to automatically optimise their passive indexed portfolios. Newly-minted domestic investment app Infina successfully last week closed an oversubscribed $2 million seed round with the participation of international investors including Saison Capital, Venturra Discovery, […]
Read MoreEffective usage of the state budget has helped Vietnam succeed in bringing public debt under control since 2016, ensuring national financial security. The General Statistics Office last week announced that in the first six months of 2021, there has been a surplus in the state budget of VND80.6 trillion ($3.5 billion) thanks to a rise […]
Read MoreThe Vietnam Free Trade Agreement Portal (FTAP) with people and businesses at the center of its service is aimed at improving the quality and efficiency of Vietnam’s FTAs implementation. Minister of Industry and Trade Nguyen Hong Dien has approved action plan No.1718/QD-BCT for the upgrade and development of the FTAP in the period 2021-2025, with […]
Read MoreE-commerce platforms must be electronically connected with tax management agencies from the beginning of next year, not from next month, as the tax watchdog aims to better collect taxes from sellers operating on the platforms. E-commerce platforms must be electronically connected with tax management agencies from the beginning of next year, not from next month, […]
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Thailand
