Remittance fee drop could boost economy
By Huong Vy
October 23, 2024 | 19:00
Experts have recommended that Vietnamese banks collaborate with foreign institutions to reduce remittance fees, as remittances remain one of the most vital financial sources for the country, especially for Ho Chi Minh City.
US stock momentum bodes well for others
By Nguyen Thu
October 23, 2024 | 16:56
The US Federal Reserve will meet in early November and is likely to cut interest rates again, which is expected to have a positive impact on the stock market in Vietnam.
Stronger US labour market opens prospects for Vietnam
By Nguyen Thu
October 22, 2024 | 15:00
Trinh Ha, a financial market analyst from Exness Investment Bank, told VIR’s Nguyen Thu about the interest rate scenario and its impact on the Vietnamese market.
Funding in SEA fintech startups fell 28 per cent in Q3
By Thanh Van
October 21, 2024 | 18:46
Funding into SEA fintech startups fell 28 per cent to $322 million in the third quarter of 2024.
Masan Group signs agreement with Canadian credit agency
By Vy Bui
October 21, 2024 | 18:35
EDC and Masan Group announced the signing of an MoU on October 18.
Pay services can be smart city backbone
By Luu Huong
October 18, 2024 | 16:09
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
By Thanh Van
October 18, 2024 | 11:44
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
By Thanh Van
October 18, 2024 | 11:37
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
By Vy Bui
October 18, 2024 | 11:35
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
By Thanh Van
October 18, 2024 | 09:37
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
By Thanh Van
October 17, 2024 | 17:20
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
By Huong Thuy
October 17, 2024 | 10:14
Citi has revised Vietnam’s GDP growth forecast after surprisingly strong third-quarter growth.
Capital injection accelerated into Vietnam’s economy
By Hazy Tran
October 16, 2024 | 14:56
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.
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