14-11-2022 11:52
While the problem of the VND’s liquidity has been stabilised, the economy is still facing challenges regarding macro-stability and exchange and interest rate pressure, according to financial experts.
11-11-2022 08:00
Central banks across the globe have announced their recent rate hike in a bid to tame inflation, but market watchdogs predict that the tempo of rate rises is starting to slow down.
27-10-2022 16:09
As exchange rate pressure grows when circumstances are unfavourable, the State Bank of Vietnam (SBV) has raised the operational interest rates by 100 basis points (1 per cent) before the November Fed meeting on October 24, according to a report recently provided by the SSI.
26-10-2022 10:36
The increase of the central exchange rates and adjustment of the exchange rate band of the State Bank of Vietnam are suitable with the trends of other currencies at a lighter level.
20-10-2022 16:00
Despite bullish business results in the first nine months of the year, many commercial banks in Vietnam are facing a risk of rising bad debts.
12-10-2022 09:00
In contrast to previous years, it is possible that the official third-quarter profit for banks will climb faster than the fourth quarter, since credit will increase primarily in Q3 and decelerate afterwards.
06-10-2022 09:30
After the State Bank of Vietnam implemented the new operational interest rate on September 23, all joint-stock commercial banks, with the exception of state-owned ones, have adjusted the deposit interest rate for most terms.
21-09-2022 11:42
Maintaining steady interest rates is set to be a challenge for Vietnam’s central bank amid unfavourable global events and domestic pressures.
07-12-2021 21:00
Cloud computing is no longer just a phase, it has become a vital trend in Vietnam, especially for the local banking sector. Tran Nhat Minh, VIB deputy CEO and head of Banking Technology Services, shared with Nhue Man how multi-cloud is now essential due to the personal data security and large storage capacity it offers.
10-11-2020 11:00
Nearly one billion shares of Vietnam International Bank have been listed on the Ho Chi Minh City Stock Exchange (HSX) with the reference price for the first day of trading at VND 32,300 ($1.40).
08-01-2019 11:31
State-owned banks are struggling to raise capital to improve their capital adequacy ratio (CAR) in line with Basel II requirements.
19-12-2018 14:00
IFRS 17, an International Financial Reporting Standard issued by the International Accounting Standards Board in May 2017, will likely begin to replace the current framework in Vietnam in the next seven years. Vanessa Lou, director of Actuarial Services in Southeast Asia, EY Singapore, talked with VIR’s Nhue Man about what this will mean to Vietnam, and how the country can gain therefrom.
17-12-2018 11:52
Experts suggest the central bank to abolish the annual credit growth target and let the market decide its own supply and demand of credit.
22-08-2018 15:59
Thanks to the prime minister's students credit programme, in the past 11 years thousands of households in the central province of Nghe An received loans to send their children to universities, college, and vocational training.
26-03-2018 14:29
Throughout the annual general meetings (AGMs) season, numerous commercial banks unveiled remarkable business targets for the year ahead, promising huge revenues, profits, and charter capital raises.