Lenders energise foreign-owned power projects

Lenders energise foreign-owned power projects

A handful of local and foreign banks are leveraging their insights and optimising financial resources to promote energy and power transition in Vietnam, thus contributing to the country’s sustainable national energy policy.
Digital demand leads to German presence

Digital demand leads to German presence

German financial institutions and digitally-led banking platforms are doubling down on their efforts to stand in the good stead of Vietnam’s market, following various endeavours the two countries have upheld since its strategic partnership began.
All to play for in bancassurance growth

All to play for in bancassurance growth

Bancassurance is prefigured to gain new momentum thanks to its win-win doctrine which generates a generous amount of upfront fees for banks, while insurers could leverage banks’ wide-ranging network despite the rigorous social restrictions.
Banks do away with physical offices to aid digital services

Banks do away with physical offices to aid digital services

As Vietnam implements strict social distancing measures, banks have been stretched thin with some temporarily closing their brick-and-mortar offices to help customers go digital.
Consumer finance in major tie-up tendency

Consumer finance in major tie-up tendency

The pandemic-triggered turbulence continues to gnaw at the consumer finance industry in Vietnam, but some players are exploring potential new approaches to the challenges, particularly from some international investors.
State-owned lenders maintain positive run

State-owned lenders maintain positive run

Four state-owned commercial banks in Vietnam have revealed their upbeat business performance and are fully committed to deploying all resources possible to ease the current economic stress, thereby reflecting their influence on the country’s financial landscape.
Top insurance businesses adopting digital systems

Top insurance businesses adopting digital systems

As consumers now demand greater customer services, major foreign insurance companies operating in Vietnam are embracing digital channels as they believe seamless and enhanced experiences across multiple access channels are indispensable to success.
Elevated Australia-Vietnam friendship

Elevated Australia-Vietnam friendship

Australia is currently one of Vietnam’s longest-standing strategic partners, with the two countries’ active participation in multifaceted free trade agreements, and an increasing number of Australian companies investing in Vietnam.
VAMC bad debts platform facilitates market options

VAMC bad debts platform facilitates market options

The upcoming bad debt exchange platform from Vietnam Asset Management Company is being viewed as a promising legal intermediary which can effectively deal with sour loans, as well as help lenders simplify procedures for collateral disputes while enhancing transparency.
Fed alterations increase uncertainty

Fed alterations increase uncertainty

The latest initiatives of the US Federal Reserve to leave its benchmark short-term borrowing rate near zero, while signalling an imminent rate hike, is leaving other emerging economies’ central banks high and dry.
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