variables still at play in global monetary policy

Variables still at play in global monetary policy

Le Xuan Nghia, director of the Business Development Institute and member of the National Financial and Monetary Policy Advisory Council, scrutinises the development prospects in Vietnam and around the world for the remainder of 2023 and beyond.
search expands for investing options amid market uptick

Search expands for investing options amid market uptick

The decline in deposit interest rates has prompted investors to explore alternative investment channels offering higher profits, as the stock market shows signs of recovery and specific segments of real estate prosper.
agribank going from strength to strength

Agribank going from strength to strength

After 35 years in business, Agribank still maintains its position as one of the leading banks in Vietnam, with its unique place among Vietnam's rural communities.
vietnamese labourers strive to best avail of labour market reopening

Vietnamese labourers strive to best avail of labour market reopening

After almost two years, many global labour markets have begun to reopen. Deputy Minister of Labour, War Invalids and Social Affairs Nguyen Ba Hoan talked with VIR's Thuy Lien about the notable points in Vietnam’s labour export market.
professionalism to stay digital flood

Professionalism to stay digital flood

Muddled information on social networking sites makes readers lose faith, and nowadays they are not only looking for professionalism and accuracy but also humanity in each article. Ho Quang Loi, deputy chairman of the Vietnam Journalists Association, talked with VIR’s Thuy Lien his thoughts about contemporary journalism.
banks post rosy consumer lending performance by year end despite covid 19 threat

Banks post rosy consumer lending performance by year-end despite COVID-19 threat

Along with loosened credit growth, a raft of banks have rolled out lucrative lending programmes to fuel consumption demand for the end of the year.
bizpay of vpbank no more headache with liabilities management

BizPay of VPBank: No more headache with liabilities management

Slated for official roll-out right this month, BizPay, with its multiple advantages and automation attributes, promises to entail breakthroughs in liabilities management as well as tackling businesses’ short-term capital demands.
uber exit threatens grab monopoly in southeast asia

Uber exit threatens Grab monopoly in Southeast Asia

On April 8, US-headquartered ride-hailing juggernaut Uber will officially transfer its operations in Vietnam and seven other ASEAN countries, including Thailand, Indonesia, and Singapore to its long-time rival, Grab.
korean investors crowd vietnams credit sector

Korean investors crowd Vietnam's credit sector

Shinhan Bank, Woori Bank, KEB Hanam, and Lotte Card are among the Korean investors currently present in the Vietnamese credit market, aiming to grasp the top spots in the credit card segment which previously was rated as "highly potential."
mobile pay the great potential and pitfalls

Mobile pay: the great potential, and pitfalls

Mobile payments – and QR code payments in particular – are beginning to take hold in Vietnam, but a lack of common payment standards poses many challenges for mobile payment providers.
low car spells doom for state owned banks

Low CAR spells doom for state-owned banks

State-owned commercial banks are growing concerned over the critically low capital adequacy ratio (CAR) of around 9 per cent, which also hit the minimum required CAR for the Vietnamese banking system.
local banks learn a trick from fintech with qr pay

Local banks learn a trick from fintech with QR pay

Local banks are deploying the use of quick response codes for contactless payments, a move set in anticipation of the involvement of some of the world’s largest players.
credit boom raises banks 3rd quarter

Credit boom raises banks’ 3rd quarter

Banks have generated hefty profits in the year’s first three quarters, buoyed by healthy credit growth.
korean investors contest vietnamese consumer finance

Korean investors contest Vietnamese consumer finance

Since the beginning of the year, myriad financial investors from South Korea have been actively searching for opportunities to enter the Vietnamese banking sector, especially the consumer finance segment. A typical example is Lotte Card, who is negotiating to acquire Techcom Finance.
sbv puts forward new regulation to do away with weak banks

SBV puts forward new regulation to do away with weak banks

If approved, the new regulation will force weak credit institutions to be acquired by stronger competitors assigned by the State Bank of Vietnam (SBV), and letting those who fail to recover to face bankruptcy.