Techcombank ushers in new era of AI-powered banking

Techcombank ushers in new era of AI-powered banking

Techcombank is embarking on a new era of banking, harnessing the power of artificial intelligence.
Standard Chartered to aid development of Ho Chi Minh City financial hub

Standard Chartered to aid development of Ho Chi Minh City financial hub

Standard Chartered plans to leverage its global expertise and best practices to attract international investors to Ho Chi Minh City.
IFC ties up with Welcome Financial Group in non-performing loans

IFC ties up with Welcome Financial Group in non-performing loans

On June 27, IFC announced a partnership with Welcome Financial Group to resolve non-performing loans and enable increased access to finance in Vietnam.
Maybank Investment Bank opens new Hanoi branch

Maybank Investment Bank opens new Hanoi branch

Maybank Investment Bank Vietnam opened a new branch in the Coalimex building in Hanoi on June 27.
Fiscal rigidity a challenge for nation’s economic aspirations

Fiscal rigidity a challenge for nation’s economic aspirations

High-profile international organisations are recommending that the Vietnamese government creates stronger solutions to fuel aggregate demand.
Policy credit brings facelift to Kien Giang

Policy credit brings facelift to Kien Giang

Kien Giang’s countryside has seen increased access to credit.
Vietnam's sustainable bonds reach $800 million in value

Vietnam's sustainable bonds reach $800 million in value

The domestic stock of sustainable bonds reached $800 million in the first quarter of 2024.
FiinRatings assigns Mcredit a 'stable' A- credit rating

FiinRatings assigns Mcredit a 'stable' A- credit rating

Credit rating agency FiinRatings has announced its inaugural credit rating for Mcredit as A- with a ‘stable’ outlook.
Public Bank Vietnam completes acquisition of RHB Securities Vietnam

Public Bank Vietnam completes acquisition of RHB Securities Vietnam

Public Bank Vietnam Limited, a wholly-owned subsidiary of Malaysia's Public Bank Berhad, has acquired an entire stake in RHB Securities Vietnam Company Limited.
IFC offers $150 million financing package to SeABank

IFC offers $150 million financing package to SeABank

IFC is providing a financing package of $150 million to Southeast Asia Commercial Joint Stock Bank.
K-Sure grants financial support to Korean firms in PetroVietnam projects

K-Sure grants financial support to Korean firms in PetroVietnam projects

Korea Trade Insurance Corporation will provide $1 billion medium- and long-term financing support to Korean companies working with PetroVietnam.
Banks remain wary of low credit growth

Banks remain wary of low credit growth

Overall weak credit demand in the market, with consumption growth still sluggish, is causing banks that do not meet their credit growth targets to have quotas proactively transferred by the State Bank of Vietnam (SBV) to banks with better capabilities.
SHB puts down welcome mat for foreign firms

SHB puts down welcome mat for foreign firms

Saigon-Hanoi Commercial Joint-Stock Bank has rolled out a comprehensive financial solution package for overseas firms looking to invest in Vietnam.
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