Money 'flows' strongly into real estate and stocks
Concerned that credit is flowing strongly into real estate and securities, State Bank Governor Nguyen Thi Hong analyzed: The credit growth rate in these two sectors is indeed higher than the average, but that is consistent with the direction of removing difficulties for the real estate market. When the project is cleared of legal obstacles, the need for capital for implementation is inevitable.
In the securities sector, despite rapid growth, outstanding loans only account for 1.5% of total outstanding loans, not causing systemic risk.
Banks must seriously publicize lending interest rates.
On August 4, the State Bank issued a document directing and urging the banking system to resolutely and effectively implement solutions to stabilize deposit interest rates and reduce lending interest rates.
The State Bank will closely monitor developments in deposit and lending interest rates, the announcement of lending interest rates, and the difference between lending and mobilization interest rates on the websites of credit institutions.
Continue reciprocal trade negotiations with the US
Regarding import and export, the Ministry of Industry and Trade assigned relevant departments and offices to continue negotiating reciprocal trade with the US to achieve the most favorable commitments for Vietnam.
Accordingly, the Ministry assigned the Department of Multilateral Trade Policy, the Department of Foreign Market Development, the Import-Export Department, and the Trade Promotion Department to continue negotiating reciprocal trade with the US to achieve the most favorable commitments for Vietnam, towards a comprehensive trade agreement, further strengthening the Vietnam-US economic and trade relations in a balanced and sustainable direction.
Prime Minister requests completion of 500kV Lao Cai - Vinh Yen line by August 19
On the morning of August 9, the Prime Minister visited the construction site, inspected the progress, encouraged and presented gifts to the forces participating in the construction of the 500kV Lao Cai - Vinh Yen transmission line.
Prime Minister Pham Minh Chinh inspects the construction progress at the VT404 column foundation in Thai Hoa commune. Photo: EVN
The project's original plan was to complete in 2 years, but was later shortened to 6 months. Prime Minister Pham Minh Chinh requested that the 500kV Lao Cai - Vinh Yen transmission line project must be completed by August 19.
Record stock trading of several billion USD/session: Securities Commission requests increased supervision
The State Securities Commission (SSC) said it will strengthen supervision, inspection, and examination, and strictly handle violations; at the same time, it requires strengthening supervision to ensure the stock market operates safely and stably.
In particular, stock exchanges must closely monitor stock transactions with strong increases/decreases; in case of identifying signs of unusual transactions, analyze, evaluate, recommend, propose handling options, and report to the State Securities Commission for handling according to regulations.
The State Securities Commission issued the warning amid an unprecedentedly vibrant stock market with billions of dollars worth of shares being transferred each session.
Proposal not to fine business households for violating invoice form in the first 2 years
The Vietnam Federation of Commerce and Industry (VCCI) has just commented on the draft amendment to Decree 125/2020 on handling administrative violations in the field of tax and invoices, which was chaired by the Ministry of Finance.
Incorrect targets, invoicing at the wrong time... are just unintentional mistakes due to businesses not being familiar with the new way of doing things. VCCI proposes not to fine businesses that violate the invoice form in the first 2 years of implementation.
Important changes in Vietnam - China border trade payments
The Governor of the State Bank of Vietnam has just signed and issued Circular 17/2025/TT-NHNN (referred to as Circular 17), amending and supplementing a number of provisions in Circular 19/2018/TT-NHNN on foreign exchange management for Vietnam-China border trade.
Accordingly, from September 15, the State Bank will remove the regulation on cash payments in Vietnam-China border trade.
Vietnamese people entering casinos must buy tickets for 2.5 million VND/day
According to the draft Decree on casino business (draft 2) that is being consulted, the Ministry of Finance proposes to continue the pilot program of allowing Vietnamese people to play at casino business locations.
The Ministry of Finance proposed that Vietnamese people who want to play at casinos must buy tickets to participate, the ticket price is 2.5 million VND/24 consecutive hours/person or 50 million VND/month/person.
Ho Chi Minh City calls on Vingroup, Grab, Be, Honda... to support people in switching to electric vehicles
The Ho Chi Minh City Institute for Development Studies (HIDS) has just sent a document to businesses and investors in the electric vehicle ecosystem proposing support packages for users and drivers to switch to electric vehicles.
The list of businesses and organizations that the research agency sent documents to includes many "big guys", such as Vingroup, Grab, Be, Yadea, VCB Bank, Honda Vietnam...
According to HIDS, proposals and commitments from businesses and investors are an important basis, contributing to increasing feasibility when building a comprehensive support policy framework, creating an effective public-private partnership mechanism, harmonizing interests between the State, businesses and consumers.
Vietnam welcomes record of more than 12 million international visitors, equal to the whole year of 2023
According to the Tourism Information Center (Vietnam National Administration of Tourism), in July 2025, the number of international visitors to Vietnam reached 1.56 million, an increase of 6.8% over the same period last year.
In 7 months, Vietnam welcomed more than 12.2 million international visitors, an increase of 22.5% over the same period in 2024. According to Resolution 226 of the Government, this year our country strives to welcome at least 25 million international visitors.
The Prime Minister requested that the 500kV Lao Cai - Vinh Yen transmission line be completed by August 19. The project's initial plan was to be completed in 2 years, but later shortened to 6 months, Prime Minister Pham Minh Chinh requested that the 500kV Lao Cai - Vinh Yen transmission line project be completed by August 19.
Source: https://vietnamnet.vn/nguoi-viet-vao-casino-phai-mua-ve-2-5-trieu-dong-ngay-tiep-tuc-dam-phan-voi-my-2430435.html
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