HSBC Vietnam reports average employee income rises to 925 million VND in 2025

State Bank of Vietnam nets about 66 trillion dong via open market operations as interbank rates edge higher

Last week, the State Bank of Vietnam (SBV) net-absorbed more than 66 trillion dong through open market operations as the scale of OMO bidding was sharply reduced. In this context, interbank rates moved higher compared with the end of the previous week. SBV open market operations: reduced bidding and net…

Tax Authority Orders Bank-Account Freezes for Several Enterprises Over Tax Arrears

The Ho Chi Minh City Tax Department’s Branch 24 has issued multiple enforcement decisions requiring banks to freeze debtor accounts and deduct funds to collect tax debts. The measures apply to companies with tax arrears exceeding 90 days from the due date. Account freezing and fund deduction orders Under Decisions…

Wealth Management Wave in Vietnam: When the Elite Change How They Manage Cash Flows

Asset management is becoming a pressing need in Vietnam as the pace of change in the mindset of the elite outpaces asset growth. Affluent clients increasingly demand financial solutions that are personalized, data-driven, and calculated in real time. The surge of the ultra-wealthy and the wealth-management challenge McKinsey forecasts that…

Diamond Properties, linked to Bùi Thành Nhơn, sells less than half of NVL shares registered

Diamond Properties, a company related to Mr. Bùi Thành Nhơn, registered to sell more than 2.15 million NVL shares but executed only 930,800 shares via an order-matching method during 17-19 March. The company attributed the shortfall to a change in plan. Sale results and ownership impact Following the trades, Diamond…

ADB Expert: Focused reforms in key sectors can sustain Vietnam's high growth

Shantanu Chakraborty, the Asian Development Bank (ADB) Country Director for Vietnam, said Vietnam’s growth outlook for 2026 and 2027 remains strong despite global economic volatility. He also outlined policy priorities aimed at sustaining high growth while improving productivity, strengthening financing channels, and accelerating the energy transition. Vietnam’s growth outlook for…

Iran war drags the global economy into a cycle of uncertainty.

Iran war-related tensions are pushing the global economy into a prolonged period of uncertainty, with the IMF expected to cut its global growth outlook next week as policymakers assess the conflict’s expanding effects involving the US, Israel and Iran. Central bank governors and senior economists from major economies are set…

Domestic gold prices fall by around 900,000 dong at the start of the week

Domestic gold prices fell sharply this morning, dropping by 700,000–900,000 dong per tael in line with a decline in world prices. Despite the fall, SJC gold in Vietnam is still about 21.5 million dong per tael higher than the world price, and residents are hoping the gap will narrow. Morning…

Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…

Although Hoa Sen Group chairman Le Phuoc Vu has made remarks that have drawn mixed reactions in the market, the group’s long-standing sponsorship of the “Vietnamese Family Housing” program and the charitable activities funded by Hoa Sen cannot be overlooked. In videos related to the program, Mr. Vu is shown…

On 3 April 2026, following its launch in Ho Chi Minh City, Nagakawa Group (ticker: NAG - HNX) continued its “Call me Naga” journey to Hanoi, accelerating the brand’s transformation toward a younger image and introducing a series of new products for summer 2026. The “Naga” name was selected as…

The State Securities Commission (SSC) has revoked the public company status of Hanoi Joint Stock Company for Electrical and Water Installation. The decision was issued through Official Dispatch No. 2607/UBCK-GSĐC on April 3, according to information published on the SSC portal. SSC’s decision On April 3, the SSC issued Official…