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Vietnam chosen as the most alluring investment destination in Asean: Grant Thornton's report

The miracle economic growth of Vietnam is driven by exports, foreign direct investment (FDI), and manufacturing growth, according to a recently released report of Grant Thornton Vietnam on Vietnam Private Equity - Growth Prospects.

Heated controversy over proposal of taxing housing worth over $30,800

Economic experts are voicing conflicting opinions on the Ministry of Finance’s proposal to tax housing worth over $30,800, which may earn more to the State budget but severely affect chance of having accommodation for moderate incomers.

A state-owned conglomerate needs average US$10 million to adopt IFRS

According to World Bank expert, the application of international norms and standards in auditing and accounting will provide a framework to strengthen the domestic financial system, detect hidden weaknesses and increase transparency.

‘Some SOEs devalue their properties to profit from equitization’

Although firms are sometimes accused of keeping assets on the books at inflate prices, some state-owned-enterprises have done the opposite in recent cases of divestment.

Decree No.71: Transparent legal frame to raise a corporate governance of PICs

The Vietnamese Government has lately issued a new decree on corporate governance guidance for public interest companies (PICs), attracting attention from leaders of these large companies.

Stock indexes
1,154.15 1.72 0.15
Volume: 574,812,383 Value: 13,960 (Billions VNĐ)
236.35 1.85 0.79
Volume: 98,344,626 Value: 1,744 (Billions VNĐ)
88.78 0.34 0.38
Volume: 48,778,672 Value: 624 (Billions VNĐ)
1,166.26 1.81 0.16
Volume: 169,672,758 Value: 6,354 (Billions VNĐ)