Encouraging results with Mobile Money deployment

Encouraging results with Mobile Money deployment

Le Anh Dung, deputy director of the Payment Department under the State Bank of Vietnam, noted that the Mobile Money service has grown positively.
Businesses propose high dividend payments to shareholders

Businesses propose high dividend payments to shareholders

Many businesses in the apparel industry are offering shareholders high dividend payments, leveraging buoyant performances in the past year.
PVcomBank and Vietpay Technology enter comprehensive cooperation

PVcomBank and Vietpay Technology enter comprehensive cooperation

On April 25, Hanoi-based lender PVcomBank and Vietpay Technology Co., Ltd. – a member of multi-national group Nexxo Ventures Ltd. from the UK – signed a comprehensive cooperation agreement in associating and expanding the network of payment and card issuance.
PVcomBank and Vemanti Group sign inclusive digital banking cooperation agreement

PVcomBank and Vemanti Group sign inclusive digital banking cooperation agreement

On March 21, the PVcomBank and Vemanti Group from the US signed a cooperation agreement on developing and providing a digital banking platform tailored for SMEs.
Fertiliser producers toast to 2021's buoyant business

Fertiliser producers toast to 2021's buoyant business

A string of listed fertiliser producers posted a rosy profit picture in 2021 despite a less favourable business climate in the previous quarter.
Banks posted healthy profits during last year

Banks posted healthy profits during last year

Many banks, particularly private commercial lenders, have unveiled 2021 profit figures with an unprecedented growth despite the pandemic.
Banks are upbeat about profit prospects in 2022

Banks are upbeat about profit prospects in 2022

The State Bank of Vietnam's (SBV) fresh survey shows that most credit institutions are optimistic about the business situation in the forthcoming quarter.
Creating credit mechanism essential for banks to support the aviation industry

Creating credit mechanism essential for banks to support the aviation industry

The government has directed the State Bank of Vietnam to set forth a credit support scheme within this month to help local air carriers bolster liquidity.
More bank support given to businesses affected by COVID-19

More bank support given to businesses affected by COVID-19

Credit institutions and businesses can now relax after the SBV extended the time and scope of debt rescheduling for enterprises suffering from COVID-19.
Banks pocket hefty profits in first quarter

Banks pocket hefty profits in first quarter

Local commercial lenders posted soaring profits in the first quarter, driven by escalating interest income and a jump in earnings from services.
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