Banks are coming to grips with a tile of non-performing loans due to the pandemic. Kent Wong, partner and head of Banking and Capital Market at VCI Legal, portrays how the new circular’s debt rescheduling may affect banks, and how foreign banks could deal with distressed loans.
By Hai An
June 17, 2021 | 21:51
More than five years of implementing Directive No.40-CT/TW, several important results have been achieved.
By Lam Tien
June 17, 2021 | 16:57
Driven by incrementally surging demand from a gradually ageing population, more credit institutions and consumer finance companies are diversifying their loan schemes, including loan programmes for retirees.
The increasingly ageing demography in Vietnam has asserted various challenges for the domestic economy, whilst still offering some lucrative opportunities for others.
By Visa
June 17, 2021 | 10:26
Visa is celebrating Cashless Day in Vietnam by raising awareness to the benefits cashless payments provide businesses and consumers across the country.
June 16, 2021 | 21:27
As Vietnam makes its anticipated progress from frontier status to a fully-fledged emerging market, the stock market is now at the stage where more and more private investors are getting on board, according to the UK newspaper Proactive.
By Anh Duc
June 15, 2021 | 17:32
Manulife Vietnam marked its 22nd anniversary in Vietnam by reaffirming its commitment to help people live "Every day better".
By Nhat Minh
June 14, 2021 | 12:02
Investors are looking forward to the Ho Chi Minh City Stock Exchange adopting new infrastructure in July to resolve congestions and lagging.
By Luu Huong
June 14, 2021 | 12:01
The SBV has approved OCB to increase its charter capital to nearly $119.13 million by issuing nearly 274 million shares, with a dividend rate of 25 per cent.
By Hoang Anh
June 14, 2021 | 08:04
Visa hosted its annual Asia-Pacific Visa Security Summit last month and highlighted significant changes in the regional payment landscape, with the increasing demand for contactless payment technologies and a call for greater industry collaboration to tac