03-08-2017 16:00
From early 2017 till now, many commercial banks have almost reached the lending growth cap set by the State Bank of Vietnam (SBV) and are now requesting SBV to set a higher credit growth limit to ensure more room for lending.
25-07-2017 17:01
The 21st VietFood, Beverage and Professional Packing Machines (VietFood & Beverage-ProPack) exhibition will take place in Saigon Exhibition and Convention Centre at 799 Nguyen Van Linh Street, District 7, Ho Chi Minh City, from August 9 to 12, 2017.
10-05-2017 16:00
After holding their general shareholders’ meetings in 2017, many commercial banks have publicised their senior personnel for the new term.
26-04-2017 08:44
Most banks of small and medium size are mulling over scaling up capital sources to boost their financial strength.
10-04-2017 16:29
Although their business operations have shown brighter prospects and many banks are planning to earn trillions in profit this year, the risk provision pressure remains a significant burden.
23-03-2017 16:26
After the Federal Reserve (Fed)’s move of increasing the key USD interest rate by 0.25 per cent up to a range of 0.75-1 per cent, the exchange rate on the domestic market is under control. However, Huynh Trung Minh, a financial and banking expert, told VIR’s Van Linh that enterprises should be proactive in exchange rate risk hedging.
09-03-2017 17:09
As Vietnam becomes more integrated into the world economy, banks looking to improve competitiveness and governance, especially in risk management, should apply Basel II standards.
27-02-2017 22:00
Many banks complain that the cost of capital increases and they cannot increase lending rates, so interest margins are quickly narrowing, which affects profit.
27-02-2017 21:00
The State Bank of Vietnam (SBV) currently encourages mergers and acquisitions (M&A) for weak credit institutions based on voluntary spirit and the assurance of relevant rights for both parties. However, this will turn into a compulsory activity if these institutions do not volunteer.
06-12-2016 10:24
The HCM City Urban Transport Management Authority No 4 on Sunday began construction of D1 Street connecting Nguyễn Văn Linh Street with Sài Gòn University and the Him Lam residential area in District 7.
04-07-2016 13:00
Northern Bac Giang Province will create the most favourable conditions for both local and foreign enterprises operating there, Nguyen Van Linh, chairman of the provincial People's Committee, told a meeting with 140 small- and medium-sized enterprises last week.
18-05-2016 09:45
While banks have been able to control their non-performing loans ratio well below the 3 per cent threshold, the potentially irrecoverable debt fraction has, conversely, edged up among local banks.
11-01-2016 18:00
Not satisfied with serving only foreign-invested entreprises operating in Vietnam, foreign banks are working to expand amongst domestic customers.
23-06-2015 16:59
HCM City will invest VND97 trillion (US$4.45 billion) for construction of the city's Metro Line No 4, which will run from Ben Cat Bridge in Go Vap District to Nguyen Van Linh Street in District 7.
24-09-2014 10:05
Banks are continuing to struggle with fast rising potentially unrecoverable bad debts.