Maybank extends green trade finance for Ca Mau 1 Wind Power Project

Maybank extends green trade finance for Ca Mau 1 Wind Power Project

Maybank has increased financing for a subsidiary of the Power Construction Corporation of China.
Lenders seek regulations to disburse green finance

Lenders seek regulations to disburse green finance

Many banks are increasing their focus on implementing green finance packages, but unlocking these promising capital sources still requires suitable mechanisms.
SBV orders debt relief and lending support following Typhoon Yagi

SBV orders debt relief and lending support following Typhoon Yagi

The SBV has instructed credit institutions to consider offering support for borrowers impacted by Typhoon Yagi.
Public warned to be wary with online booking forms

Public warned to be wary with online booking forms

A number of online travel booking platforms are facing growing concerns over customer credit card security, with experts advising the use of secure payment methods to prevent fraud and unauthorised charges.
Cross-border QR codes begin to take shape

Cross-border QR codes begin to take shape

Vietnam is gradually advancing its cashless payment infrastructure by establishing cross-border QR code payment systems with neighbouring countries, though challenges remain in fully integrating inbound payments from foreign tourists.
BAOVIET Bank ends Visa credit card services, shifts to domestic cards

BAOVIET Bank ends Visa credit card services, shifts to domestic cards

BAOVIET Bank has announced that it will cease offering its international Visa credit cards from September 15.
SBV offers fresh catalyst for growth

SBV offers fresh catalyst for growth

The State Bank of Vietnam’s efforts to lower interbank interest rates and increase credit limits for banks will provide additional momentum for growth, with economic recovery pace being crucial to sustaining credit demand.
Credit over-reliance creating imbalance and stagnation

Credit over-reliance creating imbalance and stagnation

Vietnam’s capital markets are underperforming, with excessive reliance on bank credit and stagnant growth in corporate bonds and insurance, highlighting the urgent need for regulatory reforms and diversified funding channels.
2024 Global Trade Trends conference held in Ho Chi Minh City

2024 Global Trade Trends conference held in Ho Chi Minh City

Citi organised the 2024 Global Trade Trends conference in Ho Chi Minh City on September 5.
Standard Chartered Vietnam appoints first Vietnamese CEO

Standard Chartered Vietnam appoints first Vietnamese CEO

Standard Chartered Bank Vietnam announced the appointment of Nguyen Thuy Hanh, CEO and head of Banking and Coverage.
Uneven credit growth registered in first eight months

Uneven credit growth registered in first eight months

Credit growth bounced back in August after a previous slowing.
Companies collaborate to support PV Power’s Nhon Trach 3 and 4

Companies collaborate to support PV Power’s Nhon Trach 3 and 4

Citi, ING Germany, Export Credit Agency’s Korea Trade Insurance Corporation, K-SURE, and Swiss Export Risk Insurance have closed a half billion dollar loan for PV Power.
Brand growth solutions in the banking sector

Brand growth solutions in the banking sector

In the current turbulent economic landscape, strengthening brand power is increasingly crucial for banks. A strong brand not only attracts customers willing to pay higher fees for financial products and services but also encourages them to recommend the bank to their network.
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