Thai bank Krungsri expands footprint in Southeast Asia, including Vietnam

Thai bank Krungsri expands footprint in Southeast Asia, including Vietnam

Thailand’s Bank of Ayudhya (Krungsri Bank) is signalling interest in expanding its footprint in Southeast Asia, including Vietnam.
Techcombank goes “Cloud First” with AWS to transform customer experience

Techcombank goes “Cloud First” with AWS to transform customer experience

Techcombank announced that it has selected AWS, an Amazon.com, Inc. company, as its preferred cloud provider to enhance customer experience.
Ambitions escalate for fintech sandbox

Ambitions escalate for fintech sandbox

The freshly-minted legal framework for sandboxes in Vietnamese fintech is expected to grease the wheels for tech-savvy, innovative financial services.
Mobile money to bridge service divide

Mobile money to bridge service divide

While telecommunications firms keep a wait-and-see stance on SMS service charge reductions despite mounting worries from banks. the forthcoming adoption of mobile money from some state-run groups is expected to bridge the gap between urban and rural areas in convenient cashless payments.
MSB to increase its charter capital to nearly $664 million

MSB to increase its charter capital to nearly $664 million

The SBV has approved MSB to increase its charter capital to VND15.275 trillion ($664.13 million) through stock issuance to pay dividends.
Citi spurs cross-border payments through digitalisation efforts

Citi spurs cross-border payments through digitalisation efforts

Citi Treasury and Trade Solutions Asia-Pacific has just introduced a new service for institutional clients in the region to speed up cross-border payments.
Inflation predicted to decrease, while VND could strengthen against USD

Inflation predicted to decrease, while VND could strengthen against USD

Vietcombank Securities (VCBS) predicts that September's inflation may decrease by up to 0.3 per cent and that the VND will could strengthen against the USD.
Shares gain on strong back of cash flow

Shares gain on strong back of cash flow

Shares had a good start on Monday morning as a series of large-caps rebounded on the back of strong cash flow.
Shares to accumulate before new earning results season

Shares to accumulate before new earning results season

Market analysts expect the coming easing of social distancing measures will help soothe investors' sentiment and the market will continue to have a few more weeks of accumulation before the third-quarter business results season.
F&B stocks waiting to tap economic recovery

F&B stocks waiting to tap economic recovery

Global food and beverage stocks are tumbling amid continuing worries surrounding COVID-19, the quicker the state stabilises economic recovery, the sooner enterprises will return to their development momentum.
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 tighten loans for real estate businesses

Banks tighten loans for real estate businesses

The banking industry sharply reduced outstanding loans for real estate business in the first half of 2021 and will continue such limits in the second half.
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.
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