Vietnam’s risks ceding ground in financial leasing activities

Vietnam’s risks ceding ground in financial leasing activities

Vietnam’s small-scale financial leasing market is being overwhelmed by foreign businesses, with local counterparts expecting a more favourable playing field fuelled by the new Law on Credit Institutions.
Real estate bailout “perilous” for system

Real estate bailout “perilous” for system

As more than $52 billion is due to banks and bondholders from real estate corporations, not to mention the requirement for additional loans, experts say a purge in the real estate market is unavoidable.
Expanded credit probable for January

Expanded credit probable for January

The State Bank of Vietnam (SBV) will likely provide commercial banks with more credit room in January.
Breakthrough M&A deals expected in banking and finance

Breakthrough M&A deals expected in banking and finance

Many large deals are on the horizon in mergers and acquisitions (M&A) in banking and finance in 2022, with transaction values of billion of dollars.
Compliance risk blocking banks from going digital

Compliance risk blocking banks from going digital

While digital transformation has become an inevitable trend for development in today’s modern world, compliance risk, however, might pose remarkable hurdles to banks wishing to go digital.
Customers falling for fake bank clerk phishing scam

Customers falling for fake bank clerk phishing scam

Banks' customers are being targeted by new phishing attacks by criminals posing as bank officials and asking customers for their OTP.
China dumping US bonds: implications for Vietnam

China dumping US bonds: implications for Vietnam

Experts are weighing how China's dumping on US treasury bonds would impact Vietnam’s development.
Profit of Agribank surges ahead on the threshold of equitisation

Profit of Agribank surges ahead on the threshold of equitisation

Agribank’s revenue in the first half of 2018 increased by 37 per cent, a positive signal before its IPO, but problems with capital pose a threat to success.
Foreign capital finds its way to lucrative local fintech market

Foreign capital finds its way to lucrative local fintech market

Foreign players are eager to join Vietnam’s lucrative fintech market, while local banks have been scaling up co-operation with fintech.
DeAura scam hard case to punished?

DeAura scam hard case to punished?

DeAura, in collaboration with FE Credit, enticed thousands of customers to sign loan agreements of nearly $2,000 eachwithout any financial check.
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