SSC teams up with JICA to boost stock market efficiency and international integration

SSC teams up with JICA to boost stock market efficiency and international integration

The SSC, in partnership with the Japan International Cooperation Agency, has initiated a project to enhance the stock market's capacity.
Commercial Bank of Australia sells partial stake in VIB

Commercial Bank of Australia sells partial stake in VIB

The Commonwealth Bank of Australia (CBA) has sold approximately 5 per cent of the shares on issue in VIB.
A journey filled with pride marks BAC A BANK birthday

A journey filled with pride marks BAC A BANK birthday

BAC A BANK has been going from strength to strength over the past three decades, with great achievements made but even brighter prospects still to come.
GenAI can drive success in banking

GenAI can drive success in banking

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

MUFG Bank Vietnam and Zeroboard forge partnership in support of decarbonisation management

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

Vietnam Bank for Social Policies scales up support in aftermath of Typhoon Yagi

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

Key sectors contributing towards state budget surplus

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

PM urges banks to boost credit in wake of typhoon

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

Financial transparency to resolve lending bottlenecks

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

Crackdown on the way in stock market

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

Likely Fed rate cuts to impact exchange rates and asset class

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

Softened USD exchange rate anticipated at year-end

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

'A good strong start' to Fed’s rate cut cycle

The recent interest rate cut announced by the US Federal Reserve may increase the likelihood of the SBV to follow suit, say experts.
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