development highlights in q1 through experts lenses

Development highlights in Q1 through expert’s lenses

Suan Teck Kin, executive director of global economics and market research at United Overseas Bank (UOB), talked to VIR’s Hong Dung about Vietnam’s development landscape in Q1 and forex prospects for 2024.
lending slowdown threatens to delay real estate recovery

Lending slowdown threatens to delay real estate recovery

Commercial banks are taking a firm grip on lending activities, especially for the real estate sector.
lowering interest rates poses challenges ahead

Lowering interest rates poses challenges ahead

Savers are increasingly concerned about the prospect of lower deposit interest rates. Economic expert Le Xuan Nghia talked to VIR’s Hong Dung about the challenges of reducing such rates in the near future due to uncertainties in adhering to positive principles.
bancassurance changes in the name of sustainability

Bancassurance changes in the name of sustainability

Building full infrastructure for bancassurance is vital to improve the customer experience. Le Hoai An, a banking consultant and trainer at Integrated Financial Solutions, talked with VIR’s Hong Dung about the new regulations on bancassurance operations in Vietnam.
constant reassessment can protect businesses

Constant reassessment can protect businesses

Industry professionals recognise that 2023 presented significant challenges for the domestic economy. Tran Dinh Cuong, chairman and country managing partner at Ernst & Young Vietnam Ltd., talked to VIR’s Hong Dung about insights learned from previous turbulent periods and the opportunities that are emerging.
ninh thuan inspired to form effective agriculture

Ninh Thuan inspired to form effective agriculture

As Vietnam is stepping up efforts to cope with climate change, investment into adaptation activities will produce positive impacts in the short and long term.
heartful presents from inland to the frontier islands

Heartful presents from inland to the frontier islands

VIR’s Hong Dung reports on an emotional seven-day voyage to the archipelago to offer Lunar New Year presents and best wishes from mainlanders to officers, soldiers, and residents of islands in the Vietnam’s southwest sea.
multi pronged approach to fortify monetary policy

Multi-pronged approach to fortify monetary policy

It has been a period of heightened global economic tribulations, with Vietnam facing its share. State Bank of Vietnam Deputy Governor Dao Minh Tu spoke with VIR’s Hong Dung about its initiatives to enhance bank capital access for businesses and individuals, and catalysing economic recovery.
manipulation to be mitigated through updated legislation

Manipulation to be mitigated through updated legislation

The new Law on Credit Institutions has been adopted to resolve bottlenecks in the current landscape. Economist Le Xuan Nghia delves into some new points in the law with VIR’s Hong Dung.
asset quality notable in banks 2023 business results

Asset quality notable in banks' 2023 business results

The banking industry saw an increase in profits last year, with asset quality still a notable point in banks' business results. Tran Thi Khanh Hien, director of MBS' Research Division, talked to VIR's Hong Dung about these results.
banking sector gets ball rolling on 2024 performance

Banking sector gets ball rolling on 2024 performance

Forecasts for Vietnam from financial institutions are optimistic for this year, primarily due to policies for reducing interest rates and bolstering digitalisation.
a different approach for monetary policy adjustments

A different approach for monetary policy adjustments

Data from the State Bank of Vietnam showed that after a 5.5 per cent increase in money supply in 2022, there was a 13 per cent increase last year. Le Hoai An, a banking consultant and trainer at Integrated Financial Solutions, talked to VIR’s Hong Dung about the current money supply and velocity.
strategic plans in need for credit limits

Strategic plans in need for credit limits

Abolishing the credit growth limits in Vietnam could necessitate a strategic roadmap and the development of effective alternative tools to ensure financial stability and progress, some analysts have said.
interest rate cutbacks designed to assist borrowers

Interest rate cutbacks designed to assist borrowers

Several Vietnamese banks implemented substantial interest rate reductions in 2023 to stimulate loan uptake across various sectors, despite challenges in meeting credit growth targets.
new green benchmarks set for the financial landscape

New green benchmarks set for the financial landscape

In its quest to set a gold standard for sustainable banking, Standard Chartered continually exceeds industry norms. Reflecting on the bank’s commitment to spearheading a sustainable transition in Vietnam, Hanh Nguyen, deputy general director of Standard Chartered Vietnam, spoke to Hong Dung about the financial institution’s strides towards crafting a green financial future for the nation.