Masan Group signs agreement with Canadian credit agency

Masan Group signs agreement with Canadian credit agency

EDC and Masan Group announced the signing of an MoU on October 18.
Pay services can be smart city backbone

Pay services can be smart city backbone

Hanoi’s smart city progress, led by advanced payment integration, shows promise but still faces key regulatory and security challenges that need resolution for full success.
Vietnam's cashback spending to reach $4.07 billion by 2029

Vietnam's cashback spending to reach $4.07 billion by 2029

Cashback spending in Vietnam is forecast to increase from $1.8 billion in 2023 to $4.07 billion by 2029, according to a report released by Research and Markets.
Vietcombank and MBBank to acquire Construction Bank and Ocean Bank

Vietcombank and MBBank to acquire Construction Bank and Ocean Bank

The State Bank of Vietnam (SBV) announced a decision for the mandatory transfer of CBBank and Ocean Bank to Vietcombank and MBBank, respectively, on October 17.
VIB launches Card Design On Demand powered by GenAI technology

VIB launches Card Design On Demand powered by GenAI technology

VIB announced on October 18 the official launch of its Card Design On Demand, powered by Generative AI technology from Fiza x Zalo AI.
VIB becomes first bank to launch online credit card issuance via VNeID

VIB becomes first bank to launch online credit card issuance via VNeID

VIB has become the first bank to utilise information from an electronic identification and authentication system (VNeID) to issue credit cards online.
VAA officially implements International Financial Reporting Standards

VAA officially implements International Financial Reporting Standards

The VAA, PwC Vietnam, and the Institute of Chartered Accountants in England and Wales have signed a cooperation agreement on the implementation on international reporting standards.
Citi anticipates stronger recovery for Vietnam despite typhoon disruption

Citi anticipates stronger recovery for Vietnam despite typhoon disruption

Citi has revised Vietnam’s GDP growth forecast after surprisingly strong third-quarter growth.
Capital injection accelerated into Vietnam’s economy

Capital injection accelerated into Vietnam’s economy

The decline in the exchange rate has given the State Bank of Vietnam more room to ease monetary policy, injecting capital into the economy to meet the credit growth target, stimulate domestic investment, and aid post-typhoon recovery.
Credit growth cap strategy on the cards

Credit growth cap strategy on the cards

The State Bank of Vietnam last week signalled its ambition to explore a roadmap to lift credit growth caps, potentially allowing commercial banks greater flexibility in their lending activities.
Foreign investors could make stock comeback in Q4

Foreign investors could make stock comeback in Q4

The stock market is poised for a strong breakout in the final quarter, driven by a favourable macroeconomic landscape, promising Q3 earnings, low interest rates, and growing interest from foreign investors.
Acquisitions to help boost restructuring of weak banks

Acquisitions to help boost restructuring of weak banks

Despite the financial hurdles in restructuring zero-VND banks, the process also presents immense opportunities for acquirers as they can leverage the restructuring to strengthen their market presence, long-term strategies, and foreign ownership limits.
Vinhomes finalises timeline for Vietnam’s largest treasury share buyback

Vinhomes finalises timeline for Vietnam’s largest treasury share buyback

Vinhomes has announced a timeframe to repurchase 370 million treasury shares, marking the largest share buyback in Vietnam's stock market if successful.
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