GenAI can drive success in banking
By Hazy Tran
September 24, 2024 | 12:19
Around two-thirds of CEOs in the Asia-Pacific region predict that generative AI will have a positive impact on banking performance.
MUFG Bank Vietnam and Zeroboard forge partnership in support of decarbonisation management
By Ha Le
September 23, 2024 | 10:02
On September 17, MUFG Bank Vietnam entered an MoU with Zeroboard Inc., a Japanese tech startup that helps companies calculate and visualise their greenhouse gas emissions across operations and supply chains.
Vietnam Bank for Social Policies scales up support in aftermath of Typhoon Yagi
By Ha An
September 23, 2024 | 06:55
Vietnam Bank for Social Policies has announced it will suspend interest payments for borrowers affected by Typhoon Yagi and the subsequent flooding.
Key sectors contributing towards state budget surplus
By Khoi Nguyen
September 22, 2024 | 09:00
The state budget has experienced a surplus so far this year, driven by an increase in revenue from export and import activities, rather than crude oil.
PM urges banks to boost credit in wake of typhoon
By Hazy Tran
September 22, 2024 | 09:00
A meeting between the government and 13 commercial joint-stock banks was chaired by Prime Minister Chinh to discuss Vietnam's socioeconomic development.
Financial transparency to resolve lending bottlenecks
By Hazy Tran
September 21, 2024 | 10:00
Amendments to the Independent Auditing Law by the Ministry of Finance are poised to create more transparency in financial reports, helping to attract more foreign investors to Vietnamese businesses and alleviate the lending burden on banks.
Crackdown on the way in stock market
By Vy Vy
September 21, 2024 | 09:00
Stock market manipulation activities will be legislated to protect investors and promote a stable market, in response to the rising complexity of recent violations in Vietnam’s securities sector.
Likely Fed rate cuts to impact exchange rates and asset class
By Ha Vy
September 20, 2024 | 17:14
Although gold prices may rise with expected interest rate cuts by the US Federal Reserve, Vietnamese investors are unlikely to benefit from any uptick in the precious metal due to a lack of support from exchange rates and unique liquidity factors.
Softened USD exchange rate anticipated at year-end
By Nhue Man
September 20, 2024 | 17:09
The pressure on the VND-USD exchange rate is forecast to remain insignificant, with perhaps a slight retreating for the rest of 2024, according to experts.
'A good strong start' to Fed’s rate cut cycle
By Nguyen Huong
September 20, 2024 | 16:38
The recent interest rate cut announced by the US Federal Reserve may increase the likelihood of the SBV to follow suit, say experts.
Central bank preparations underway for Fed rate move
By Phuong Thu
September 19, 2024 | 22:00
Investors have increased their bets on a strong interest rate cut by the US Federal Reserve next week. Trinh Ha, a financial market analyst from Exness Investment Bank, explained more to VIR’s Phuong Thu about the rate cute scenario and its impact on the Vietnamese markets.
Spate of claims made in typhoon aftermath
By Celine Luu
September 19, 2024 | 17:00
Insurers are processing widespread claims following Typhoon Yagi, with compensation efforts focusing on businesses, industrial facilities, and vehicle owners. Meanwhile, smaller businesses and homeowners are being encouraged to review their coverage options for future protection against natural disasters.
Optimising data management in banking sector for greater success
By Hazy Tran
September 19, 2024 | 16:56
Experts and leaders concur that banks adopting the latest trends and integrating them into their data management practices will boost their competitive edge and achieve sustainable growth amid a progressively complex digital landscape.
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