The article details the official assignment of duties for Vietnam's Prime Minister and six Deputy Prime Ministers, outlining their specific responsibilities across various government ministries and national strategic areas.
The Vietnamese National Assembly is discussing a government proposal to reduce environmental protection tax, VAT, and special consumption tax on various fuels to 0 VND until the end of the year, aiming to support businesses and citizens amidst global energy price fluctuations.
Vietnam announced it will pilot a regulated digital asset exchange from Q2/2026, alongside new tax regulations for crypto transactions. Five companies have applied for licenses, with CAEX securing investment from OKX Ventures and existing shareholders like VPBankS to meet capital requirements.
Prime Minister Le Minh Hung outlined key economic priorities, emphasizing institutional reform, administrative streamlining, resolving stalled projects, and boosting infrastructure and energy development to achieve sustainable growth without 'hot' expansion.
ACB successfully held its Annual General Meeting, approving ambitious 2026 targets including 14% pre-tax profit growth, a 13% capital increase, and a 20% dividend distribution (7% cash). The meeting saw record shareholder attendance and positive engagement with leadership.
Vietnam's National Assembly delegates show high consensus on a proposed resolution to reduce environmental protection, VAT, and special consumption taxes on gasoline, oil, and jet fuel to 0% from April 16th to June 30th. This policy aims to stabilize domestic fuel prices, support businesses and citizens, and maintain macroeconomic stability amidst global energy price volatility.
Foreign investors are showing strong net buying on HOSE for the third consecutive session, with March seeing the highest number of new foreign institutional accounts in four years, signaling potential 'front-running' ahead of a market upgrade. This capital inflow is concentrated in key large-cap stocks, contributing to a positive market sentiment despite mixed overall index performance.
Several Vietnamese commercial banks, including Vietcombank, BVBank, and VPBank, have simultaneously reduced their savings interest rates by 0.3-0.5% following a directive from the State Bank of Vietnam. This move aims to optimize banks' capital costs and create room for lowering lending rates to support economic growth.
The Vietnamese Prime Minister announced the pilot operation of a crypto asset exchange from Q2/2026, supported by new regulations from the Ministry of Finance. Five companies have submitted valid applications to operate the exchange, while a subsidiary of SSI Securities, SSID, had an incomplete application.
Vingroup announced a $6.5 billion investment in India's Maharashtra state, focusing on urban development, green transportation, renewable energy, and social infrastructure. This strategic expansion aims to establish a comprehensive ecosystem in one of India's largest economies.
CAEX, a Vietnamese crypto asset exchange, announced that OKX Ventures and HashKey Capital have invested and become strategic partners, helping CAEX meet the 10,000 billion VND capital requirement for Vietnam's pilot crypto market program. This partnership, involving VPBankS and LynkiD, aims to build a compliant and secure international-standard trading platform.
The Ministry of Finance is finalizing a revised decree on private corporate bond issuance, expected in April 2026, to enhance market transparency, discipline, and facilitate corporate capital mobilization. This new regulation aims to replace previous decrees, clarifying responsibilities and standardizing conditions for professional investors.
FTSE Russell's confirmation of Vietnam's stock market upgrade roadmap triggered a significant market rally and increased liquidity, with experts generally advising re-entry due to improved macro conditions and attractive valuations. This news, coupled with easing geopolitical tensions, is expected to drive a sustainable recovery.
ADB warns that Vietnam's corporate bond market is excessively dependent on bank credit, creating an imbalanced capital market and posing financial risks that could hinder long-term economic growth. This structural weakness, coupled with rising NPLs and liquidity pressure in banks, is a significant concern for financial stability.
Prime Minister Le Minh Hung stated that Vietnam will prioritize macroeconomic stability over high growth and aims for double-digit growth for the 2026-2030 term, emphasizing institutional reforms as a key driver.