SCB scoops up three international awards
By Anh Duc
November 21, 2021 | 05:46
SCB received three awards from prestigious international financial magazines.
Hard limit for credit institutions buying corporate bonds
By Tri Lam
November 21, 2021 | 05:44
Credit institutions with a bad debt ratio of more than 3 per cent are forbidden to buy corporate bonds, according to the latest announcement from the SBV.
MobiFone to be first ICT operator licensed to deploy mobile money in Vietnam
By Tri Lam
November 19, 2021 | 10:42
MobiFone is the first local telecommunications operator to be granted permission to trial mobile money services across the country until November 2023.
VN-Index surpasses 1,480 benchmark
November 19, 2021 | 09:47
Vietnam’s VN-Index surpassed the 1,480 benchmark for the first time, reaching 1,481.91 points on November 18 morning.
Digital banks increasingly adopt new technologies to keep pace with consumer expectations
By Thanh Van
November 19, 2021 | 08:50
Digital banks are embracing more modern technologies to serve the changing customer behaviours during the Fourth Industrial Revolution.
VNPAY and Viettel Store launch "All-in-one" VNPAY-POS payment solution
By Thai An
November 19, 2021 | 08:49
VNPAY-POS will be applied by 332 Viettel Stores after Vietnam Payment Solution JSC (VNPAY) and Viettel Store signed the strategic cooperation on November 18.
Low interest rates predicted to remain for last two months of 2021
By Lam Tien
November 19, 2021 | 08:49
Low interest rates are predicted to remain in November and December this year.
Risk management required in consumer finance arena
By Luu Huong
November 19, 2021 | 08:00
Consumer finance firms’ performance in Vietnam is deteriorating due to the minimal capital buffer and hazardous nature of such assets – and a pressing need for a credit expansion boost is indicated as a stipulation for consumer finance players to rebound.
Fintech seeing rapid growth across ASEAN
By Celine Luu
November 18, 2021 | 20:00
As ASEAN and Vietnam in particular embrace the rise of digital payments, thanks to their young and digital-savvy populations, investors continue to pay more attention to the fintech environment.
Lenders explore new ways to up ownership
By Tri Lam
November 18, 2021 | 15:21
Financial institutions are ramping up ownership in securities subsidiaries to tap into new and exciting investment opportunities on the stock market.
Overspend in the works for reboot of national economy
By Nguyen Thanh
November 18, 2021 | 11:12
Vietnam may not be able to increase its budget deficit next year in order to ensure state budget spending, with the economy still sabotaged and business revenues still dented.
Asian markets down as US data strengthen call for Fed action
November 17, 2021 | 14:40
Asian markets turned lower Wednesday as a recent rally ran out of steam and investors struggled to match a strong lead from Wall Street as inflation concerns continue to drag on sentiment, though the dollar extended a rally against the yen.
Which banks are allowed to increase their credit growth?
By Lam Tien
November 16, 2021 | 20:02
11 of 13 Vietnamese commercial banks have been given permission to increase their credit lines by the State Bank of Vietnam.
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