02-02-2015 09:57
Eyeing great improvements in the macro-economic environment and ample growth opportunities in Vietnam, Vietnam-focused private equity company Mekong Capital remains determined to see a strong year based on the launch of its fourth investment fund, the Mekong Enterprise Fund III this year.
26-01-2015 12:31
The franc surged after the Swiss central bank abandoned its bid to artificially keep its value down, a move which has taken a profound toll on a number of Vietnamese residing overseas, especially those in Eastern Europe.
13-01-2015 16:43
In recent years, Vietnam is one in ten countries receiving the largest amount of overseas remittances and in 2015 alone, the overseas remittances is estimated to reach between $13 billion to $14 billion according to the State Bank.
13-01-2015 16:43
Vietnam will be expecting six bank mergers and acquisitions as part of an effort to clean up Vietnam’s banking sectors in 2015.
07-01-2015 15:17
The State Bank of Vietnam (SBV) has officially changed the inter-bank’s forex exchange rate as of January 7 from VND21,246 per USD to VND21,458 per USD.
07-01-2015 10:26
Coffee prices have opened 2015 in a downward spiral on both the domestic and international markets.
07-01-2015 10:19
The Vietnamese government is determined to bring total bad debts down to 3 per cent in 2015, well below last year’s 5.43 per cent.
07-01-2015 10:14
The State Bank of Vietnam has just issued a new circular allowing credit institutions to continue offering short-term foreign currency loans to the end of 2015.
06-01-2015 11:02
The National Financial Supervisory Commission (NFSC) recently released its report on the economy in 2014 and perspectives for 2015 citing strong achievements in the banking sector.
30-12-2014 14:59
Vietnam is looking to hold another international issue of 10-year government bonds valued at $1 billion in an effort to refinance its existing obligations.
28-12-2014 10:00
Vietnam’s economic growth accelerated in the last two quarters of 2014 as banks improved their credit growth and rising foreign investment boosted exports.
26-12-2014 10:08
Vietnam National Financial Switching JSC (Banknetvn) and Smartlink Card Services JSC (Smartlink) have officially signed a merge agreement on December 25.
19-12-2014 11:26
LG Electronics yesterday signed a land-lease agreement for the second stage of the firm’s investment expansion in the northern port city of Haiphong following the successful implementation of the first phase.
17-12-2014 09:50
Ha Nam province now has access to the financial means it needs to improve the lives of local people thanks to funds provided by the World Bank.
17-12-2014 09:15
Moody’s Investors Service has raised its outlook on Vietnam’s banking system to stable from a negative assessment, noting improvements in economic stability and operating environment for lenders.