Expanded credit probable for January

Expanded credit probable for January

The State Bank of Vietnam (SBV) will likely provide commercial banks with more credit room in January.
Generali launches inspiring community initiatives for year-end holiday season

Generali launches inspiring community initiatives for year-end holiday season

Italian-baked life insurer Generali Vietnam has successfully organised a series of initiatives to support the less fortunate.
Economists cautious on interest rate adjustments

Economists cautious on interest rate adjustments

As Vietnam’s government has raised its inflation target to 4.5 per cent for 2023, policymakers are required to maintain a cautious stance on monetary policy.
Lenders elevate charter capital moves

Lenders elevate charter capital moves

There have been positive signals of increased charter capital activities at commercial banks in recent weeks, especially those with state capital.
Modest bank growth projected this year

Modest bank growth projected this year

Last year saw major changes in the banking industry, with total assets of the commercial bank group growing strongly, and most banks entering the race to diversify services. In 2023, challenges lie ahead in the context of a downturn in the real estate cycle and a less positive outlook for exports.
VN-Index closes the week in green on improved liquidity

VN-Index closes the week in green on improved liquidity

Shares ended the week in the green with the VN-Index rising 0.36 per cent to close Friday at 1,060.17 points.
Banks anticipate upward momentum in 2023

Banks anticipate upward momentum in 2023

Bank profit is anticipated to be stellar in Q4/2022, with the financial announcement season to take place after the Lunar New Year holiday.
Inspiring inward remittances despite challenging 2022

Inspiring inward remittances despite challenging 2022

Vietnam saw stable inward remittance flow until the end of last year despite the global economic recession and spiking inflation around the world.
Lenders search for further credit room

Lenders search for further credit room

As the gap widens among banks in terms of profit growth, on-year credit growth remains an important driver for banks, as it makes the largest contribution to pre-tax profit growth. Thus, banks are looking for an allocation of credit room this year.
Pre-pandemic rise felt with interest rate movements

Pre-pandemic rise felt with interest rate movements

After a tumultuous year in 2022 with VND interest rates continuously increasing, it is expected that a sideways trend will prevail in 2023.
Vietnam primed for high growth status

Vietnam primed for high growth status

Despite tough global headwinds, Vietnam's economic performance is holding strong. Hong Dung talked with CEO of Standard Chartered Vietnam Michele Wee about the country's future growth prospects.
Shares open week in red, liquidity slips

Shares open week in red, liquidity slips

Shares inched higher on the first day of the week on the Ho Chi Minh Stock Exchange, propped up by Vietcombank’s gain while other blue chips weakened.
Real estate and construction firms to buy back over $710 million in bonds

Real estate and construction firms to buy back over $710 million in bonds

According to the VMBA, the total value of corporate bonds reaching maturity from now until the end of this month approximates $760.8 million.
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