Commercial banks asked to lend more for production and business
By Nguyen Huong
November 23, 2022 | 21:48
The State Bank of Vietnam (SBV) requires credit institutions with room to actively disburse loans for production and business, especially in priority areas.
Citi named Vietnam’s Best Digital Corporate Bank
By Anh Duc
November 23, 2022 | 16:34
Citi claimed the top spot as Vietnam’s Best Digital Corporate/Institutional Bank in The World’s Best Digital Bank Awards 2022 by Global Finance.
Status of foreign currencies in sale or purchase of shares
By Doan Nhat Minh
November 23, 2022 | 10:37
Agreements on transfer prices or payment in foreign currencies in the sale and purchase of shares may entail legal risks, potentially leaving transactions invalid.
LienVietPostBank and Dai-ichi Life Vietnam sign exclusive 15-year agreement
By Thanh Van
November 23, 2022 | 10:13
On November 22, LienVietPostBank and Dai-ichi Life Vietnam held the signing ceremony for the exclusive bancassurance agreement at JW Marriott in Hanoi.
Baemin Vietnam and Shinhan Bank launch co-branded credit card
By Thanh Van
November 22, 2022 | 19:57
With the goal of constantly improving user experience, BAEMIN Vietnam application has officially partnered with Shinhan Bank to launch a co-branded credit card.
Looking ahead to future M&A trends
By Thanh Duy
November 22, 2022 | 16:15
The global economic situation shows that mergers and acquisitions have been slowing down, with the possibility of a recession next year. Le Duc Khanh, director of Investment Capacity Development at VPS, talked with VIR’s Thanh Duy about why he has a more optimistic view of the future, with major restructuring and new deals likely to be agreed.
Credit growth high amid hikes in LDR
By Nhue Man
November 22, 2022 | 15:00
Most of the listed commercial banks in the country recorded a sharp increase in the loan/deposit ratio (LDR) at the end of the third quarter of 2022 compared to last year.
Recession threat for 2023 as interest rates continue to rise
By Daniel Borer
November 22, 2022 | 13:27
Despite overcoming the pandemic much better than most other countries, Vietnam is not exempt of another sort of virus that is creeping into the country: inflation. While European Union countries recorded an unprecedented 10.9 per cent in September, a number unheard of for the Euro currency so far, the US recorded 9.1 per cent in June, the highest figure in 40 years.
Tokyo Stock Exchange offers potential for companies
By Luu Huong
November 22, 2022 | 10:00
Aspiring Vietnamese corporations are increasing their exposure to a broader international investor community. Kazuhiko Yoshimatsu, general manager and chief representative of the Tokyo Stock Exchange in Singapore, discussed with VIR’s Luu Huong how businesses can tap into the largest stock exchange in Asia.
Large bond investment funds' NAV hit three-year low
By VNS
November 21, 2022 | 12:15
The Vietnamese financial market has experienced a bumpy road since the beginning of 2022 due to violations in the issuance and trading of corporate bonds of large corporations such as Tan Hoang Minh and Van Thinh Phat. The confidence of investors is at such a low level that many are willing to sell corporate bonds at any cost to collect money at a high discount.
Home Credit receives Visa Award for third year in a row
By Mai Dang
November 18, 2022 | 11:56
Home Credit Vietnam has won a Visa Award 2022 in the most acclaimed category of Leadership in Payment Volume Growth for the third consecutive year.
Debt obligations and fund access head banking issues
By Hong Dung
November 17, 2022 | 16:53
Vietnam’s banking sector is likely to experience a bumpy road ahead.
Liquidity remains under pressure despite stability
By Kieu Trang
November 17, 2022 | 15:00
Information risks and liquidity pressure in the capital market have had a negative impact on the stock market, and is expected to last at least in the short term.
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