Business

Several auditors at auditing firm Deloitte Vietnam have been suspended by the State Securities Commission for dereliction of duty in the Saigon Commercial Joint Stock Bank (SCB) scam.    A branch of the Saigon Commercial Joint Stock Bank in HCM City. The private lender was taken over by the central …

Domestic individual investors hold more than 7.98 million accounts for securities trading as of the end of June, or 8% of Vietnam’s population. In June, the number of accounts of domestic investors increased 106,580, most of which are opened by individual investors, while there were only 163 new accounts opened …

The retail sale prices of petrol and other fuels were adjusted up from 3pm on July 4 by the Ministry of Industry and Trade and the Ministry of Finance. A client purchases petrol at a petrol station in Hà Nội. The retail sale prices of petrol and other fuels were …

  In the first six months of the year, Vietnam Railway Corporation’s total revenue rose by 10 per cent year on year to more than VNĐ4.5 trillion. —VNA/VNS Photo HÀ NỘI — In the first six months of the year, Vietnam Railway Corporation’s total revenue rose by 10 per cent year-on-year to …

Tasco Auto, a subsidiary of auto distributor Tasco, has bought out Sweden Auto, the sole distributor of Volvo cars in Vietnam. The deal made Tasco the importer and distributor of the Swedish luxury brand, and it has since increased its number of showrooms to almost 90, maintaining its position as …

From now through the end of this year it would be in the exploration stage, and buyers’ priorities are meeting actual housing needs, clear legal status for properties and good financial support policies, stable rental incomes, and optimising costs when buying. The real estate market is in the “exploration” stage …

The Ministry of Finance is proposing amendments to the Law on Corporate Income Tax to encourage environmental protection and sustainable development The proposal aims to protect the environment and promote sustainable development in line with the global trend of using tax policies to incentivise environmentally friendly practices. — Photo courtesy …

I have never regretted spending nearly VND2 million (US$78.5) per month on taxis despite owning a car. About 10 years ago, my neighbor listed their house at VND830 million. At that time, I had the money but decided not to buy the property. I chose to buy a car instead, …

The State Bank of Việt Nam said that credit tends to increase faster in the second half of the year. If the growth rate is maintained, the credit growth target set at 15 per cent for the full year might be within reach. Transactions at a branch of Vietcombank in …

Aside from harnessing domestic resources, it is important to attract foreign investment to optimise the potential and advantages of ethnic minority and mountainous areas, according to experts. Tourists visit Yên Thịnh Commune of Hữu Lũng District, the northern mountainous province of Lạng Sơn. — VNA/VNS Photo HÀ NỘI — Aside …