Reform Vietnam’s bank service - Interview Mr. Phung Khac Ke, Deputy Director of State Bank of Viet

There are opinions that Vietnam’s bank services have not met the conditions to join the World Trade Organization (WTO) though we are at the final steps of WTO integration roadmap. What do you think about this?

Corporate income tax needs more guidance

Businesses pay a premium for certainty. Investments that promise high returns at little risk will always demand a higher price. Countries like Viet Nam, which hope to attract as much investment as possible from both foreign and domestic business, should do their best to draft legal systems that both reflect a stable investment environment and help to instill legal certainty.

Vietcombank sign $150 million loan agreement with Bank of Austria

Banking sources released that Vietcombank has signed a loan agreement of $150 million with Austria’s Raiffeisen Zentralbank Osterreich AG (RZB), under which RZB agree to lend U$150 million to the Bank for Foreign Trade of Vietnam, with term of five years.