12-04-2023 10:20
Interest rate movement has been abnormal in Vietnam in the past year. Peter Verhoeven, chairman of Prometheus Asia, shared with VIR’s Nhue Man his sentiments over these key movements and how the country can become a safe haven from global headwinds.
29-03-2023 15:00
Although foreign businesses have proposed a removal of the zero USD deposit interest rate, insiders say the central bank’s hands are currently tied.
14-03-2023 14:53
Only banks with a knack for technology may be willing to shift towards sustainable development in an efficient manner, industry leaders say.
09-03-2023 15:47
Identifying the risk factors of the banking system can open up prospects to invest in banking stocks this year, industry experts are saying, while banks themselves are urged to take provisioning activities into consideration.
01-03-2023 10:00
The USD exchange rate on the morning of February 24 on the free market and banks both increased sharply compared to the previous session, exceeding the threshold of VND24,000.
22-02-2023 10:00
A close partnership between Singapore and Vietnam will enable them to capitalise on the wealth of opportunities that digitalisation and sustainability offer. Michele Wee, CEO at Standard Chartered Bank Vietnam, talked to VIR’s Nhue Man about spurring prosperity for both nations and fostering greater interconnectivity within ASEAN.
16-02-2023 19:00
The domestic real estate market is starting to recover, but it would benefit from more governmental assistance, such as softer bank loans and credit.
09-02-2023 15:26
To ensure net interest margin (NIM), banks are often choosing to raise output interest rates for borrowers but reduce the ability to fulfill debt obligations, while the central bank has also requested cuts in admin and expenses.
16-01-2023 15:59
As Vietnam’s government has raised its inflation target to 4.5 per cent for 2023, policymakers are required to maintain a cautious stance on monetary policy.
12-01-2023 11:36
As the gap widens among banks in terms of profit growth, on-year credit growth remains an important driver for banks, as it makes the largest contribution to pre-tax profit growth. Thus, banks are looking for an allocation of credit room this year.
05-01-2023 10:51
Interest rates, exchange rates, and credit growth were the focus of a volatile 2022, and more complexities are forecast for the following 12 months.
30-12-2022 12:27
Impacted by a number of factors, banking activities slowed down in the fourth quarter of 2022, causing speculation over local banks’ profits.
23-12-2022 11:14
Credit room loosened early last week is expected to help increase resources and expand credit for businesses and industries in need.
13-12-2022 18:39
While the bad debt market in Vietnam is still in its infancy and positive conditions have converged, stronger steps need to be taken.
22-11-2022 15:00
Most of the listed commercial banks in the country recorded a sharp increase in the loan/deposit ratio (LDR) at the end of the third quarter of 2022 compared to last year.