ACB first to publish dedicated report on sustainable development

ACB first to publish dedicated report on sustainable development

On October 27, ACB released its Sustainable Development Report, becoming the first bank in Vietnam to publish a separate report on the issue.
Vietnamese exporters exceed 2022 projections despite Q4 blip

Vietnamese exporters exceed 2022 projections despite Q4 blip

Despite difficulties in the fourth quarter of 2022, many Vietnamese enterprises exceeded expectations for the year.
Race is on for motor vehicle insurance market share

Race is on for motor vehicle insurance market share

The non-life insurance business, particularly for vehicles, is gaining pace across Vietnam.
Financial titans seeking to prompt credit card adoption

Financial titans seeking to prompt credit card adoption

Despite several competitive advantages, the number of domestic credit card holders in Vietnam is still relatively low, but some financial institutions are attempting to break into this budding market.
Extensions ease credit access for businesses

Extensions ease credit access for businesses

A round of fresh credit extensions for commercial banks is expected to help businesses obtain easier access to capital as they continue their post-pandemic recovery.
Lenders juggle with tax info obligations

Lenders juggle with tax info obligations

Cybercriminals and the exposure of account information remain significant barriers for all stakeholders, with commercial banks now required to identify and collect holding information of customers to relevant authorities in a bid to fulfil tax obligations.
Weaker banks on radar of major lenders

Weaker banks on radar of major lenders

The prospect for bank mergers and acquisitions in Vietnam is accelerating, notably the purchase of struggling credit institutions for the sake of reorganisation.
Squeeze in allotted credit room for commercial banks

Squeeze in allotted credit room for commercial banks

The rapid expansion of credit and lending activities in the first few months of this year have prompted commercial banks to run out of credit lines, which had been temporarily allotted by the State Bank of Vietnam at the start of the year.