Fed goes big with long-awaited cut
By Celine Luu
September 26, 2024 | 11:05
The US Federal Reserve’s latest interest rate cut is expected to ease pressure on Vietnam’s exchange rates, support domestic monetary policy, and potentially reverse foreign capital outflows, benefiting the country’s stock market and general economy.
HDBank and Proparco credit financing tops $100 million
By Thanh Van
September 26, 2024 | 10:58
HDBank has strengthened its existing collaboration with Proparco by securing a new credit facility of $50 million towards its sustainable development targets.
SSC teams up with JICA to boost stock market efficiency and international integration
By Lam Tien
September 24, 2024 | 18:57
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
By Thanh Van
September 24, 2024 | 18:48
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
By Thanh Dat
September 24, 2024 | 15:00
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
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.
Latest News
Mobile Version