Tech advancement to boost bank prospects
By Nhue Man
March 14, 2023 | 14:53
Only banks with a knack for technology may be willing to shift towards sustainable development in an efficient manner, industry leaders say.
Plenty of room for digital transformation in banking
By Hong Dung
March 14, 2023 | 14:49
Digital transformation is a process, not a destination. Nguyen Chien Thang, director of the BIDV Digital Banking Development Centre, spoke with VIR’s Hong Dung about the potential rewards.
Clear bond regulations can be stepping stone for industry
By Nguyen Ba Khuong
March 14, 2023 | 10:00
The new Decree No.08/2023/ND-CP will lay a concrete foundation in Vietnam for the legal corridor to put constraints on the corporate bond market. To start with, it establishes a legal framework for issuers to consent to the modification of certain provisions of the bond, particularly maturity date extensions.
Government throws life jacket to bond issuers with legislation improvements
By Ngo Thai Ninh
March 14, 2023 | 09:00
In the midst of stagnation in the bond market, the government’s issuance of a decree that adjusts and suspends implementation of some articles of two previous pieces of legislation on corporate bonds prioritises the restructuring of markets to ensure the lawful rights of investors.
VIB to announce dividend payment plans at its upcoming AGM
By Thuy Vinh
March 13, 2023 | 17:51
VIB has marked important milestones on its six-year journey to becoming the leading retail bank in Vietnam.
Credit growth slowing down, raising fear of business contraction
By VNA
March 13, 2023 | 14:47
Credit growth in the first months of this year slowed significantly due to high interest rates and firms’ poor health, raising concerns about rising bad debts.
BAC A BANK launches new pro-business initiative
By Thanh Tung
March 10, 2023 | 21:29
In response to the direction of the SBV, BAC A BANK has implemented a credit incentive programme for short-term loans for businesses.
Stable lenders to lead to interest in stocks
By Nhue Man
March 09, 2023 | 15:47
Identifying the risk factors of the banking system can open up prospects to invest in banking stocks this year, industry experts are saying, while banks themselves are urged to take provisioning activities into consideration.
Foreign focus retained in insurance
By Linh Lan
March 09, 2023 | 15:23
Capital advantages, brand reputation, and insurance consumption behaviour are being deemed the reasons why the majority of insurance brokerage market share in Vietnam is in the hands of foreign companies.
Fintech enterprises deploying innovative e-wallet initiatives to capture fair share
By Le Luu
March 09, 2023 | 13:00
A wide variety of innovative payment systems are expected to assist Vietnam in moving closer to its objective of achieving financial inclusion and a cashless society in the not-too-distant future. However, there will be fierce competition.
Adjustments drawn up for tax support for enterprises
By Thanh Thu
March 09, 2023 | 09:59
The Vietnamese government is expeditiously offering the business community assistance in the form of tax relief schemes and other payment extensions.
Mastercard and Vesta to deliver enhanced fraud detection
By Thanh Van
March 08, 2023 | 17:28
Mastercard and fraud protection platform Vesta have announced a new strategic partnership to deliver state-of-the art fraud management solutions.
Over 809 million USD worth of bonds expires in March
By VNA
March 07, 2023 | 16:10
Nearly 227.6 trillion VND (9.6 billion USD) worth of corporate bonds is going to expire this year, of which about 19 trillion VND matured or was repurchased before maturity in the first two months of the year, according to data compiled by the Hanoi Stock Exchange (HNX).
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