Compulsory e-signature might be cost burden: banking association
By VNA
July 15, 2024 | 17:02
The Vietnam Banking Association has sent a document to the Ministry of Information and Communications with regard to the draft decree on electronic signatures, saying that if they are made compulsory in banking transactions, it might become a cost burden to both users and enterprises.
Banks pump over 18.88 billion USD into economy in June
By VNA
July 15, 2024 | 16:39
Banks lent more than 480 trillion VND (18.88 billion USD) to economic entities in June, demonstrating the sector’s efforts in concretising the Government’s credit goal of 5-6 per cent to the end of Q2.
Interest rate hike may not be suitable answer
By Dung Vy
July 15, 2024 | 15:00
Raising interest rates amid low credit growth will negatively impact the economy and are not the optimal solution for stabilising the current high exchange rate, economists have said.
Stocks mixed, dollar rises as traders weigh Trump shooting
By AFP
July 15, 2024 | 14:32
Equity markets were mixed Monday as investors weigh the impact of the assassination attempt on Donald Trump with data suggesting it has boosted his chances of being re-elected president.
Bancassurance must deal with stringent new rules
By Hồng Nam
July 15, 2024 | 11:58
Both life and non-life bancassurance is facing pressure to comply with new regulations.
Vietnam securities market should soon adopt NVDR following the model of Thailand
By Hazy Tran
July 15, 2024 | 08:00
With a strong determination to be upgraded to emerging market status in 2025, Vietnam's securities market needs to improve.
Deposit interest rates continue to rise
By Hazy Tran
July 13, 2024 | 13:29
Banks have continued to raise deposit interest rates to the highest levels seen in the past year, with some banks offering over 6 per cent per annum.
VPBank and IFC to offer $150 million to coffee exporters
By Vy Bui
July 12, 2024 | 18:53
VPBank and IFC are to provide $150 million in supply chain financing for coffee-exporting companies in Vietnam.
MB committed to supporting South Korean businesses
By Hien Nguyen
July 12, 2024 | 09:41
MB bank plans to expand opportunities for South Korean businesses investing in Vietnam.
VinFast seeks $250 million loan from Indonesian banks for Subang Assembly plant
By Luu Huong
July 12, 2024 | 09:30
VinFast is seeking a loan of approximately $250 million from Indonesian banks to construct an assembly plant in Subang.
Liberty Insurance reaffirms pioneering position as International General Insurer of the Year
By Thanh Van
July 11, 2024 | 14:04
Liberty Insurance Co., Ltd. won the International General Insurer of the Year at the Insurance Asia Awards (IAA) 2024 ceremony held in Singapore.
Vietnam sees fastest growth in millionaires globally
By Celine Luu
July 10, 2024 | 19:47
Vietnam saw a 98 per cent increase in the number of millionaires from 2013 to 2023.
Banks continuing to plan cautious growth
By Luu Huong
July 10, 2024 | 11:00
Vietnamese banks are significantly increasing their charter capital to strengthen financial stability and support growth.
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