Banking

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VN financial sector embraces digital era: conferenceicon
BUSINESS5 giờ trước0

VN financial sector embraces digital era: conference

 Many banks and finance companies have proactively adopted technologies to provide digital financial services, Nguyen Hoang Minh, a senior central bank official said.

 
Bad debt on the rise among boat ownersicon

Bad debt on the rise among boat owners

BUSINESS
25/11/2019

The number of non-performing loans had been on the rise among recipients under a Government directive (Decision 67/2014/ND-CP) to support Vietnamese fishermen to build or upgrade their fishing vessels.

Credit institutes must raise charter capital, forex exchange services tightenedicon

Credit institutes must raise charter capital, forex exchange services tightened

BUSINESS
22/11/2019

The Government has announced new regulations regarding the charter capital required by credit institutions.

VN central bank proposes account freezes to tackle fraudicon

VN central bank proposes account freezes to tackle fraud

BUSINESS
18/11/2019

The State Bank of Viet Nam (SBV) has proposed freezing the accounts of those suspected of committing the fraud.

VN banks race to lower service feesicon

VN banks race to lower service fees

BUSINESS
18/11/2019

A number of local commercial banks, including major players, have reduced and even eliminated service fees to attract more service users and depositors.

VN banks lower savings rates but base rate could still be highicon

VN banks lower savings rates but base rate could still be high

BUSINESS
14/11/2019

Several local banks have reduced their interest rates in recent days, going against the banking sector’s general year-end trend of increasing rates to boost earnings.

National Assembly rejects bank capital hike proposalicon

National Assembly rejects bank capital hike proposal

BUSINESS
12/11/2019

The proposal was presented by the NA Economic Committee Chairman Vu Hong Thanh on Monday as a part of the socio-economic development plan for 2020.

Momo jumps 48 places in the Fintech100icon

Momo jumps 48 places in the Fintech100

BUSINESS
11/11/2019

Vietnamese electronic wallet and payment application Momo jumped 48 places to sit at 36th in the top 100 global innovative fintech firms this year.

TPBank first bank to apply blockchain in money transfericon

TPBank first bank to apply blockchain in money transfer

BUSINESS
07/11/2019

Tien Phong Commercial Joint Stock Bank (TPBank) has become the first Vietnamese bank to use blockchain technology for money transfers abroad.

Vietnam's forex rate forecast to remain stable till year-endicon

Vietnam's forex rate forecast to remain stable till year-end

BUSINESS
30/10/2019

The VND was expected to remain broadly stable against the USD over the remainder of 2019 and to be slightly weaker on average over 2020, buoyed by robust FDI inflows, dollar purchases by businesses, and a healthy foreign reserve position.

Vietnamese finance market braced for remarkable EVFTA impactsicon

Vietnamese finance market braced for remarkable EVFTA impacts

BUSINESS
29/10/2019

The EU has a strong financial services market and the EVFTA will have a significant impact on the Vietnamese economy and finance market.

Bank loans to BOT, BT infrastructure projects in Vietnam worth $4.72 billionicon

Bank loans to BOT, BT infrastructure projects in Vietnam worth $4.72 billion

BUSINESS
27/10/2019

Bank loans for build-operate-transfer (BOT) and build-transfer (BT) infrastructure projects by the end of September this year reached nearly VND110 trillion (US$4.72 billion), up 1.85 per cent against the end of 2018.

Vietnamese Gov’t takes tighter control over large-size real estate projectsicon

Vietnamese Gov’t takes tighter control over large-size real estate projects

BUSINESS
25/10/2019

The Government will continue to tighten credit in the real estate industry.

Postive changes made to resolve Vietnamese banks' bad debticon

Postive changes made to resolve Vietnamese banks' bad debt

BUSINESS
22/10/2019

The banking sector had made considerable headway into settling bad debt, restructuring credit institutions and developing the banking system two years since the National Assembly issued a resolution on the industry.

Vietnamese Gov’t must adapt to sharing economy modelsicon

Vietnamese Gov’t must adapt to sharing economy models

BUSINESS
11/10/2019

Vietnam must identify, implement and build management models for sharing economy applications in the country’s major sectors such as banking and transport to ensure a fair business playground and protect all involved parties.

Vietcombank given greenlight to open branch in Australiaicon

Vietcombank given greenlight to open branch in Australia

BUSINESS
10/10/2019

Vietcombank is heading to Australia and could open for business in Sydney within the next 12 months.

Vietnam's OTC-traded bank shares too cheap for purchasesicon

Vietnam's OTC-traded bank shares too cheap for purchases

BUSINESS
04/10/2019

Lack of disclosed information, listing plans and risks of non-performing loans are dragging OTC-traded bank stocks down.

Vietnam's banks get more support to cut interest ratesicon

Vietnam's banks get more support to cut interest rates

BUSINESS
04/10/2019

Commercial banks are expected to lower lending interest rates after getting more support to cut input costs from the State Bank of Viet Nam (SBV)’s...