Many banks have reached their respective credit limits in the first nine months of 2021.

Following the prosperous year of 2020, commercial banks have devised more ambitious business plans for the new year. Meanwhile, bank share prices have hit a decade high.

The race to increase the CASA portion among commercial banks has become fierce.

Two dollar billionaires in the banking sector emerged in 2019, which also witnessed competition that led to big changes in the economy.

Viet Nam’s benchmark stock index, VN-Index, could exceed 1,300 points in 2018 due to the positive outlook for the country’s economic growth and a strong inflow of foreign investment.

The Vietnam Private Sector Forum (VPSF) will try to create a space for businesses to voice out their proposals. 

According to the General Statistics Office (GSO), in the fourth quarter of 2017, 44.8 per cent of firms reported better business performance in Q4 than Q3.

The State Bank of Vietnam (SBV) has officially extended a policy allowing exporters to take loans in foreign currencies for another year instead of stopping it on December 31 as planned.

To obtain a 20 percent credit growth rate this year, total outstanding loans will have to increase by VND1,200 trillion. In the last five last months of the year, VND700 trillion is expected to be pumped into circulation.