The 10th anniversary VietinBank - MUFG strategic alliance

The 10th anniversary VietinBank - MUFG strategic alliance

The year 2023 will mark the 10th anniversary of the VietinBank - MUFG strategic alliance and is a significant milestone for the two banks.
MoF proposes to reduce tax for input material of petrol products to 10%

MoF proposes to reduce tax for input material of petrol products to 10%

The Ministry of Finance (MoF) has proposed to reduce the most-favoured-nation (MFN) tariff for some kinds of gasoline products used as input materials for production of other products from 20 per cent to 10 per cent to reduce the price of input materials.
Corporate bond market reform adds safety net for investors

Corporate bond market reform adds safety net for investors

The fresh and stringent legislative framework for the corporate bond market is slated to pave the way for a better debt sector in Vietnam, while the interests of issuers and investors could be safeguarded.
Currency stable amid fresh Fed hike

Currency stable amid fresh Fed hike

Despite the US Federal Reserve’s latest interest rate hike, the Vietnamese currency has seen only limited depreciation when compared to the currencies of its regional partners.
Trading volumes increase in spite of money market jitters

Trading volumes increase in spite of money market jitters

As financial fragility is pushed by uncomfortably high expansion and national banks’ arrangements push investigators to pile back into the market, forex trading volumes are rising again.
VN-Index hits 2-1/2-month low on risk-off sentiment

VN-Index hits 2-1/2-month low on risk-off sentiment

The stock market opened the new week on a negative note, with both benchmark indices dropping more than 2 per cent due to weak risk appetite.
Banks moving to restructure bad debts

Banks moving to restructure bad debts

As a circular on debt rescheduling for clients affected by the pandemic has expired, banks will face increased debt restructuring.
VIR talk show to discuss digital talent and transformation in banking

VIR talk show to discuss digital talent and transformation in banking

On September 26, VIR will host a talk show on the digital transformation in the banking industry.
Assessing the potential of buy now, pay later services

Assessing the potential of buy now, pay later services

Home Credit is betting on the prospects of buy now, pay later services in Vietnam. Michal Skalicky, chief customer officer of Home Credit Vietnam, shared with VIR’s Thanh Van his insight into the growth potential in Vietnam’s e-commerce market.
Keeping on top of crypto legislation

Keeping on top of crypto legislation

The growth of central bank involvement in the digital currency sector has significantly been increased in recent years, with many central banks considering launching a central bank digital currency.
Growing the adoption of BNPL providers in Vietnam

Growing the adoption of BNPL providers in Vietnam

The gaining popularity of buy now, pay later (BNPL) services has served as a spark for new trends in digital merchant adoption. Nguyen An Son, head of Project Development for the Centre for Informatics and Digital Technology at the Ministry of Industry and Trade’s Department of E-commerce and Digital Economy, told VIR’s Nguyen Thu about the prospects for BNPL in Vietnam.
BNPL services open up e-commerce options

BNPL services open up e-commerce options

While the market for buy now, pay later services in Vietnam is still in its infancy, more users are opting for this payment method as the technology for both the credit rating process and other logistical aspects is refined.
VBSP toasts 9-month upbeat performance

VBSP toasts 9-month upbeat performance

On September 21, VBSP convened its periodical third-quarter meeting where CEO Duong Quyet Thang noted the highlights of the bank’s operation.
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