Vietnam sees increase in Mobile Money users, reaching 3.9 million accounts
By Nhat Minh
June 05, 2023 | 11:53
In Vietnam, the number of Mobile Money users has surpassed 3.9 million, with a notable concentration of over 2.7 million users in rural areas, mountainous regions, and remote areas, accounting for 69 per cent of the total user base.
Good risk management contributes to strong performance at Home Credit
By Thanh Van
June 03, 2023 | 11:56
Thanks to efforts and optimal solutions in risk management, Home Credit is considered a strong, solid, and sustainable player with a proven innovation and transformation track record.
FinanceAsia names Citi Best Sustainable Bank in Vietnam
By Anh Duc
June 03, 2023 | 11:47
Citi has been recognised by FinanceAsia, the region's premier capital markets publication, for sustainability work in the country and commitment to partnering with clients.
IMF highlights rising debt risks for Asian companies
By Lam Tien
June 03, 2023 | 09:00
The International Monetary Fund warns of increasing debt risks faced by Asian companies, with those in Vietnam among those at high risk.
Softer exchange rate loom in H2
By Hong Thuy
June 02, 2023 | 17:49
The USD/VND exchange rate is forecast to abate in the months to come, leveraging diverse supportive factors in both domestic and international markets, as well as central bank movement.
Asian markets surge on Fed rate hopes
By AFP
June 02, 2023 | 11:43
Asian markets rallied Friday on hopes the US Federal Reserve will decide against lifting interest rates this month as officials assess the impact of more than a year of tightening.
Generali confirms its extremely solid capital position
By Thanh Van
June 02, 2023 | 10:13
Generali has delivered strong profit growth in the first quarter of 2023 and confirmed its extremely solid capital position.
SBV Governor explains high lending rates, credit room management
By VNA
June 01, 2023 | 17:17
Governor of the State Bank of Vietnam (SBV) Nguyen Thi Hong provided explanations regarding the high lending rates and credit room management during a plenary session of the 15th National Assembly’s ongoing fifth meeting in Hanoi on June 1.
Passage of US debt bill boosts equity markets, Fed now in view
By AFP
June 01, 2023 | 14:36
Markets mostly rose Thursday after the US House passed a bill to avoid a painful default, as traders turn their attention to the Federal Reserve's next policy meeting and China's economy.
Local banks seek foreign funding
By Lien Thuy
May 31, 2023 | 18:08
Large sums of foreign currency flowed into the accounts of local commercial banks in the first half of this year, with many more deals in the pipeline.
Support to continue in form of VAT cut
By Nguyen Dat
May 31, 2023 | 14:31
Many types of goods and services currently subject to a 10 per cent VAT rate are to continue being eligible for a 2 per cent reduction in this type of tax, which is scheduled to get the official thumbs-up from the legislature in late June.
Budget estimate shortcomings require modern fix
By Khoi Nguyen
May 31, 2023 | 13:00
The low-quality formulation of state budget revenue estimates needs to be improved, as it will continue having unwanted direct impacts on the country’s financial landscape.
BVBank builds stronger identity with new name
By Trung Duong
May 31, 2023 | 09:58
BVBank, formerly known as Viet Capital Bank, has received approval from the State Bank of Vietnam to change its English abbreviation.
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