VBSP to focus on credit growth targets

VBSP to focus on credit growth targets

The VBSP chairwoman has expressed her satisfaction at the efficient implementation of the tasks assigned to it in the first six months of this year.
Vietnam moves several steps closer to market upgrade

Vietnam moves several steps closer to market upgrade

According to the June review from the MSCI, Vietnam’s stock market is still classified as a frontier market, following the criteria of openness to foreign ownership, ease of capital inflows and outflows, efficiency of the operational framework, availability of investment instruments, and also the stability of the institutional framework.
Fluctuations to be expected ahead of Fed cut and election

Fluctuations to be expected ahead of Fed cut and election

The global economy is awaiting moves from the US Federal Reserve to cut interest rates. Nguyen Tri Hieu, senior financial expert, shared with VIR’s Nhue Man implications of eminent global standing on Vietnam’s economy and weighing efficient channels for investment in the rest of 2024.
Techcombank makes history with third 'Best Bank' award

Techcombank makes history with third 'Best Bank' award

Techcombank has been awarded the title of 'Best Bank in Vietnam' by the three top international finance publications in 2024.
Homebuyers reluctant to take out loans despite low interest rates

Homebuyers reluctant to take out loans despite low interest rates

Concerns about rising floating interest rates and stringent borrowing conditions have subdued the demand for home loans among individuals and investors.
Market experiences a sharp decline as VN-Index loses the 1,270-point threshold

Market experiences a sharp decline as VN-Index loses the 1,270-point threshold

The market closed the week on a sour note with a sharp decline, erasing the previous session's gains.
Markets track Wall St loss with eyes on US race, China disappoints

Markets track Wall St loss with eyes on US race, China disappoints

Asian equities sank in line with Wall Street Friday as the optimism over expected US interest rate cuts was overshadowed by uncertainty about the presidential election and worries over China's economy.
NCB Bank accelerates digital transformation with Zoho Corporation partnership

NCB Bank accelerates digital transformation with Zoho Corporation partnership

National Citizen Commercial Joint Stock Bank (NCB) is accelerating its digital transformation to offer a superior customer experience.
Ho Chi Minh City receives $5.2 billion in remittances in H1

Ho Chi Minh City receives $5.2 billion in remittances in H1

Remittances to Ho Chi Minh City surged nearly 20 per cent in the first half of the year, reaching approximately $5.2 billion
JBIC offers $36 million loan to fund office building development in Ho Chi Minh City

JBIC offers $36 million loan to fund office building development in Ho Chi Minh City

JBIC will lend $36 million to Phuong Nam 3A-1 Real Estate Business and Investment JSC to develop an office building in Ho Chi Minh City.
Gold price hits record high on rate cut expectations

Gold price hits record high on rate cut expectations

The price of gold soared Tuesday to a record peak, propelled by trader expectations of falling US interest rates in September as inflation cools.
Quang Ngai harvests upbeat results via policy credit sources

Quang Ngai harvests upbeat results via policy credit sources

Quang Ngai province has yielded inspiring results after a decade-long deployment of strengthening the Party's role in policy credit implementation.
The Asian Banker: Cake Digital Bank engages best AI technology implementation

The Asian Banker: Cake Digital Bank engages best AI technology implementation

Cake digital bank has bagged a prestigious award.
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