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VIETNAM BUSINESS NEWS JULY 8

VIETNAM BUSINESS NEWS JULY 8
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New Zealand , Tam Hiep , Ðng Nai , Republic Of , Han I , Thanh Hoa , Thanh Hóm , Dong Tam , Ba Huan , Jawa Barat , Bac Ninh , Tinh Bac Ninh , Dong Ky , An Giang , Dong Vuong , Tinh Bac Giang , Quang Nam , Qu Ng Nam , Ho Chi Minh City , H Chíinh , Quang Chau , Qu Ng Bì , Binh Duong , Nha Trang , Khá Hòm , Binh Dien ,

Margin loans to securities firms on rise


Margin loans to securities firms on rise
09:00 | 10/03/2021
Margin loans are taking off, with banks sponsoring securities firms, photo Le toan
A variety of stimulative efforts by the Vietnamese government to support the domestic economy has consequently created a springboard for stocks to surge. The fear of missing out has also pushed many local and foreign banks to allocate more funds into brokerages under the so-called margin loans, thus giving investors greater buying power.
The financial statements of 25 securities firms with large outstanding loan balances to customers showed that as of the end of 2020, their total debts reached VND84.97 trillion ($3.66 billion), an increase of 48.9 per cent against the beginning of the year and up 24.9 per cent against the third quarter of 2020. Meanwhile, short-term loans from banks were VND76.85 trillion ($3.31 billion), up 65 per cent against the beginning of this year and 28.6 per cent com ....

H Chíinh , Republic Of , Han I , Phu Hung , Bì Duong , Tran Khanh Hien , Nguyen Tuan Anh , Hanoi Commercial Joint Stock Bank , Analysis Division , Vietnam Maritime Joint Stock Commercial Bank , Shinhan Bank Vietnam , Securities Corporation , Credit Department , Vietnam International Commercial Joint Stock Bank , Vietnam Securities Corporation , Securities Co Ltd , Tien Phong Commercial Joint Stock Bank , Phu Hung Securities Corporation , Maritime Joint Stock Commercial Bank , Techcom Securities , Saigon Hanoi Commercial Joint Stock Bank , Saigon Hanoi Securities , International Commercial Joint Stock Bank , Tuan Anh , State Bank , Khanh Hien ,

Phu Hung Securities liable for tax penalties in Vietnam


Phu Hung Securities liable for tax penalties in Vietnam
19:24 | 14/12/2020
Phu Hung Securities needs to pay $15,110 in CIT and $17,300 in late payment fees
According to the Ho Chi Minh City Stock Exchange, Phu Hung Securities is liable to pay tax penalties, including corporate income tax arrears of VND347.5 million ($15,110) and late payment of VND398 million ($17,300).
According to the firm’s announcement, which is officially published on its website, Phu Hung Securities “sincerely discloses information on the receipt of Decision No.3593/QD-CCT dated December 11, 2020 on administrative sanction for violations pertaining to taxation of Department of Taxation of District 7 area – Nha Be district.” ....

Republic Of , Ho Chi Minh City , H Chíinh , Phu Hung , Bì Duong , Chen Chia Ken , Thanh Securities Company , Dcx Technology , Phu My Hung Urban Development , Phu Hung Securities Corporation , Ho Chi Minh City Stock Exchange , Department Of Taxation District , Phu Hung Securities , Hung Securities , Chia Ken , Hung Securities Corporation , Tan Thuan Export Processing Zone , Hiep Phuoc Power Plant , குடியரசு ஆஃப் , ஹோ சி மிந் நகரம் , ஃபூ தொங்கவிடப்பட்டது , சென் சியா கேன் , த்யாந் பத்திரங்கள் நிறுவனம் , கிஸ் தொழில்நுட்பம் , ஃபூ என் தொங்கவிடப்பட்டது நகர்ப்புற வளர்ச்சி , ஃபூ தொங்கவிடப்பட்டது பத்திரங்கள் நிறுவனம் ,