SBV combats illegal gambling and betting activities through e-wallets

SBV combats illegal gambling and betting activities through e-wallets

The State Bank of Vietnam is intensifying investigations to fight against illegal gamblings via e-wallets, following recent media reports covering allegations related to MoMo's e-wallet.
Reviews set after Thu Thiem episode

Reviews set after Thu Thiem episode

Real estate-backed credit packages and corporate bonds are to be strictly constrained under the fresh legislation of the competent authorities.
No banks involved in Thu Thiem land auctions

No banks involved in Thu Thiem land auctions

No banks had been offering loan packages for businesses associated with Thu Thiem land auction, as a careful examination of the State Bank of Vietnam showed.
VPBank could raise its FOL to 17.5 per cent

VPBank could raise its FOL to 17.5 per cent

Raising its foreign-ownership limit (FOL) could mean that a private placement for potential foreign investors may be made, while at the same time, VPBank could offer more flexible conditions for present foreign owners, thanks to the new modification relat
Lenders advocating for improved charter capital mechanisms

Lenders advocating for improved charter capital mechanisms

Amid an urgent need for business expansion, privately-run commercial banks are executing their charter capital enhancement path, while some state-owned banks are requesting the government’s extraordinary mechanism using public budget.
Venture capital for Vietnam's startups reached $2.1 billion in 2021

Venture capital for Vietnam's startups reached $2.1 billion in 2021

Vietnam's startup scene is blossoming, securing a total sum of $2.1 billion in venture capital last year. The country's digital economy also hit $21 billion in 2021.
Shinhan Bank Vietnam opens new locations in Bac Ninh and Dong Nai

Shinhan Bank Vietnam opens new locations in Bac Ninh and Dong Nai

Shinhan Bank Vietnam has opened the Que Vo branch in Que Vo district, Bac Ninh province, and the Thong Nhat transaction office in Bien Hoa City, Dong Nai province in early 2022.
Vietnam strives to reach GDP growth of up to 6.5 per cent and GPD per capita of $3,900 in 2022

Vietnam strives to reach GDP growth of up to 6.5 per cent and GPD per capita of $3,900 in 2022

The government has set targets to achieve a GDP per capita of $3,900 in 2022, with GDP growth of 6-6.5 per cent each year.
ThaiHoldings aims to become Vietnam's first tourism space business and file an IPO in the US

ThaiHoldings aims to become Vietnam's first tourism space business and file an IPO in the US

ThaiHoldings, through its subsidiary ThaiSpace, targets to explore the space tourism sector in Vietnam and file an initial public offering (IPO) in the US.
Who were the top ten wealthiest individuals in Vietnam's banking sector in 2021?

Who were the top ten wealthiest individuals in Vietnam's banking sector in 2021?

2021 has been a rollercoaster ride of emotions for the stock market, as equities plummeted in value while simultaneously increasing and breaking record highs. Some of the wealthiest people on the stock market became ever wealthier. Here are the top 10 richest individuals in Vietnam's banking sector in 2021.
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