Pandemic driving digital-first mindset around financial services in Vietnam

Pandemic driving digital-first mindset around financial services in Vietnam

The global health crisis is driving a digital-first mindset in Vietnam when it comes to opening banking accounts.
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 readjusting focus with subsidiary divestments

Banks readjusting focus with subsidiary divestments

Vietnamese banks are withdrawing capital from their subsidiaries to refocus on major banking services, with the move opening the door for foreign investors to make inroads in the financial market.
VN-Index declines for a second day, weighed by Vingroup's shares

VN-Index declines for a second day, weighed by Vingroup's shares

Shares fell for a second day on Wednesday on the Ho Chi Minh Stock Exchange with heavyweights like Vingroup’s stocks and banks behind this fall.
HSBC Vietnam deploys first green deposit for corporate clients

HSBC Vietnam deploys first green deposit for corporate clients

HSBC Vietnam has successfully launched the very first green deposit for corporate clients in Vietnam.
Eximbank appoints Tran Van Loc as new CEO

Eximbank appoints Tran Van Loc as new CEO

The Board of Directors of Eximbank has just appointed Tran Van Loc as CEO, pending approval by the State Bank of Vietnam.
Banks on the road of digital transformation

Banks on the road of digital transformation

Banks are taking advantage of Vietnam's potential environment to conduct digital transformation to meet increasingly technology-driven consumer demands.
Vietnam accelerates the development of regulatory sandbox for fintech

Vietnam accelerates the development of regulatory sandbox for fintech

The Vietnamese government is pushing forward a regulatory sandbox for fintech banking and cashless payments with a view to support the development of the local fintech scene.
Financial wellness and digital money management apps to ignite digital banking

Financial wellness and digital money management apps to ignite digital banking

Financial wellness and digital money management apps are potential future sparks for igniting Vietnam’s race for digital dominance in the retail banking sector.
COVID-19: SBV issues new document on rescheduling of debt payments

COVID-19: SBV issues new document on rescheduling of debt payments

The State Bank of Vietnam (SBV) on September 7 issued a circular amending and supplementing a number of articles of Circular No. 01/2020/TT-NHNN issued by the SBV Governor directing foreign credit institutions and bank branches to reschedule debt payments
Tran Minh Binh becomes new chairman of VetinBank

Tran Minh Binh becomes new chairman of VetinBank

CEO Tran Minh Binh has been appointed as chairman of the bank's Board of Directors.
Over 36.2 trillion VND raised through G-bond auctions in August

Over 36.2 trillion VND raised through G-bond auctions in August

The State Treasury and the Vietnam Bank for Social Policies (VBSP) mobilised more than 36.2 trillion VND (1.59 billion USD) on the primary market via 20 Government bond (G-bond) auctions on the Hanoi Stock Exchange (HNX) in August.
Consumer finance survey reveals strongest financial brands in Vietnam

Consumer finance survey reveals strongest financial brands in Vietnam

The biggest-ever consumer finance survey in Vietnam has named Vietcombank, BIDV, and Techcombank as the country’s three strongest financial brands.
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