Japanese yen hits 16-year low against euro

Japanese yen hits 16-year low against euro

The Japanese yen fell to a 16-year low against the euro on Wednesday as the Bank of Japan indicated that monetary policy would remain loose even after shifting out of its negative interest rate environment.
Vietnam crypto holders are the third biggest gainers in 2023

Vietnam crypto holders are the third biggest gainers in 2023

Vietnam accounted for a significant proportion of global crypto gains in 2023 with $1.18 billion, making it the third biggest gainer.
EXIM to finance $500 million in green exports from US to Vietnam

EXIM to finance $500 million in green exports from US to Vietnam

Export-Import Bank of the United States (EXIM) and Vietnam Development Bank (VDB) have signed a $500 million MoU to facilitate US exports to Vietnam.
Bank credit registers slight fall in first two months

Bank credit registers slight fall in first two months

Credit growth fell slightly at the start of the year.
Banks seek to bolster financial standing with capital hikes

Banks seek to bolster financial standing with capital hikes

Vietnamese banks are embracing capital hike plans to boost financial capacity.
Vietnam’s risks ceding ground in financial leasing activities

Vietnam’s risks ceding ground in financial leasing activities

Vietnam’s small-scale financial leasing market is being overwhelmed by foreign businesses, with local counterparts expecting a more favourable playing field fuelled by the new Law on Credit Institutions.
Bancassurance inspections imminent

Bancassurance inspections imminent

The Ministry of Finance is going to conduct inspections on six insurers, with a focus on those involved in bancassurance.
Banking support to back up business development

Banking support to back up business development

Vietnam’s central bank is taking swift action on interest rate movement to align with the government’s commitment towards supporting the business community.
Credit risks can be erased with fresh law

Credit risks can be erased with fresh law

Vietnam’s National Assembly has passed the Law on Credit Institutions, reflecting shifts in developments in green growth, heightened market risks, and recent legal violations in finance and real estate.
More solid guarantees crucial for credit landscape

More solid guarantees crucial for credit landscape

Economist Nguyen Tri Hieu talked with VIR’s Nhue Man about the factors behind the current credit environment in Vietnam, the motivation to fuel total aggregate demand, and how to boost credit growth.
PM urges further rate cuts, improved credit access to remove obstacles, promote growth

PM urges further rate cuts, improved credit access to remove obstacles, promote growth

Prime Minister Phạm Minh Chính chairs the meeting to implement monetary policy management tasks in 2024, which focuses on removing difficulties for production and business to promote growth and ensure macroeconomic stability.
Liberty Insurance Vietnam and Mercedes-Benz Vietnam sign insurance deal

Liberty Insurance Vietnam and Mercedes-Benz Vietnam sign insurance deal

Liberty Insurance Vietnam and Mercedes-Benz Vietnam will work together on the Mercedes-Benz Car Insurance programme to help customers access auto insurance.
Stock market supported by diverse factors

Stock market supported by diverse factors

Bao Viet Securities' Tran Xuan Bach shares his views on the stock market's prospects.
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