deposit security to seize top spot on upcoming bank agm agendas

Deposit security to seize top spot on upcoming bank AGM agendas

Following the incident of “vanished” savings at Eximbank, deposit security will likely be in the limelight at Vietnam-based banks’ upcoming annual general shareholders’ meetings (AGM), rather than the previous issues, such as dividend payment and non-performing loans.
e banking in vietnam is still treading water

E-banking in Vietnam is still treading water

E-banking, the latest trend in the Vietnamese banking system, has not completely been able to replace conventional banking customs although the majority of baby boomers (those born in 1945-1960) and generation X (1961-1980) show insignificant interest in modern banking services.
binh thuan province combats poverty with microfinance

Binh Thuan province combats poverty with microfinance

Over the years, farmers in Binh Thuan province have made good use of microcredit to build a better life for themselves.
ocean bank finds new foreign owner

Ocean Bank finds new foreign owner

A source of VIR revealed that the zero VND Ocean Commercial Joint Stock Bank (Ocean Bank) has been sold to a foreign bank in Asia.
banks aim for high profit in 2017

Banks aim for high profit in 2017

Starting the annual general meeting (AGM) season, several banks have revealed ambitious plans for 2017.
vietnamese banks growth unsustainable

Vietnamese banks’ growth unsustainable

Profits in 2016 showed that banks had good performance, but the growth in expenditures is higher than that of profit, which raised questions about the effectiveness of banks’ operations.
banks foresee good profit in 2017

Banks foresee good profit in 2017

Compared to 2016, banks are looking at brighter prospects in 2017 as many indexes look like they are on a trend of improvement.
fols will help banks revamp

FOLs will help banks revamp

A rise in foreign ownership limits is needed to importantly help Vietnam speed up the local banking sector’s restructuring.
banking sector going strong despite anticipated softened rates

Banking sector going strong despite anticipated softened rates

Fair liquidation in the banking system has provided the foundation for stability, despite the negative impact of the softened interest rate throughout the rest of 2016.
ifc launches edge green building certification system in vietnam

IFC launches EDGE green building certification system in Vietnam

Vietnam became the first market in East Asia IFC has introduced EDGE (Excellence in Design for Greater Efficiencies), which empowers developers to reduce their buildings’ energy and water consumption by 20 per cent while lowering greenhouse-gas emissions.
vamc to hold debt trading at market prices in 2015

VAMC to hold debt trading at market prices in 2015

Chairman of state-owned Vietnam Asset Management Company (VAMC) Nguyen Quoc Hung shines some light on what will be done this year to continue mitigating Vietnam’s bad debt crisis.
fears rise as credit flow slows to a trickle

Fears rise as credit flow slows to a trickle

Experts have expressed concerns over the continued slowdown in total credit flow since the end of June.
commercial banks to find forex profit routes

Commercial banks to find forex profit routes

Despite commercial banks having faced difficulties in profiteering from forex trading activities in recent years due to the State Bank of Vietnam’s commitment to maintain a stable exchange rate, experts claim options are still available for investment in the market.
free trade fuels business hopes

Free trade fuels business hopes

As Vietnam’s economy slows, future trade opportunities can give businesses some rays of hope. While demand in traditional export markets has declined, Vietnam needs to seek new export markets, while working on the implementation of a free trade agreement (FTA) with the EU and nurturing its domestic demand.
hike in us dollar reserve rates advocated

Hike in US dollar reserve rates advocated

Banking experts are pushing for hiking obligatory foreign currency reserve rates to help ensure macroeconomic stability.