Softer exchange rate loom in H2
By Hong Thuy
June 02, 2023 | 17:49
The USD/VND exchange rate is forecast to abate in the months to come, leveraging diverse supportive factors in both domestic and international markets, as well as central bank movement.
Asian markets surge on Fed rate hopes
By AFP
June 02, 2023 | 11:43
Asian markets rallied Friday on hopes the US Federal Reserve will decide against lifting interest rates this month as officials assess the impact of more than a year of tightening.
Generali confirms its extremely solid capital position
By Thanh Van
June 02, 2023 | 10:13
Generali has delivered strong profit growth in the first quarter of 2023 and confirmed its extremely solid capital position.
SBV Governor explains high lending rates, credit room management
By VNA
June 01, 2023 | 17:17
Governor of the State Bank of Vietnam (SBV) Nguyen Thi Hong provided explanations regarding the high lending rates and credit room management during a plenary session of the 15th National Assembly’s ongoing fifth meeting in Hanoi on June 1.
Passage of US debt bill boosts equity markets, Fed now in view
By AFP
June 01, 2023 | 14:36
Markets mostly rose Thursday after the US House passed a bill to avoid a painful default, as traders turn their attention to the Federal Reserve's next policy meeting and China's economy.
Local banks seek foreign funding
By Lien Thuy
May 31, 2023 | 18:08
Large sums of foreign currency flowed into the accounts of local commercial banks in the first half of this year, with many more deals in the pipeline.
Support to continue in form of VAT cut
By Nguyen Dat
May 31, 2023 | 14:31
Many types of goods and services currently subject to a 10 per cent VAT rate are to continue being eligible for a 2 per cent reduction in this type of tax, which is scheduled to get the official thumbs-up from the legislature in late June.
Budget estimate shortcomings require modern fix
By Khoi Nguyen
May 31, 2023 | 13:00
The low-quality formulation of state budget revenue estimates needs to be improved, as it will continue having unwanted direct impacts on the country’s financial landscape.
BVBank builds stronger identity with new name
By Trung Duong
May 31, 2023 | 09:58
BVBank, formerly known as Viet Capital Bank, has received approval from the State Bank of Vietnam to change its English abbreviation.
Rate reductions deemed well-timed
By Nhat Minh
May 31, 2023 | 09:26
The latest initiative from Vietnam’s central bank to introduce a round of interest rate reductions within a condensed timeframe is regarded as a favourable stride aimed at invigorating economic expansion.
Optimism rises for fintech development opportunities
By Celine Luu
May 31, 2023 | 09:08
Vietnam is presenting promising opportunities for cashless payments and boasts a thriving fintech ecosystem, yet the absence of a regulatory sandbox is hindering the full potential of innovative ventures.
Deutsche Bank expands investment in Vietnam
By Le Luu
May 30, 2023 | 18:49
Deutsche Bank has announced plans to inject $100 million into its Ho Chi Minh City branch, raising its total investment in Vietnam to over $200 million.
Kredivo enters into collaboration with OnePay
By Thanh Van
May 30, 2023 | 18:41
Kredivo, a leading buy now, pay later platform in Indonesia, has announced a partnership with OnePay.
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