Major bancassurance deals may be at peak
By Luu Huong
October 24, 2024 | 14:28
The recent termination of some major bancassurance partnerships in Vietnam reflects a challenging market environment, but opportunities remain for a more transparent and sustainable revival in the sector.
Banks' profit picture in Q3 creates mixed sentiment
By Vinh Thuy
October 24, 2024 | 11:44
Banks are releasing their third-quarter business results, and sentiments have been mixed about their profit picture.
Liquidity pressure “substantial” on Vietnam’s banks
By Nhue Man
October 23, 2024 | 21:00
Intense liquidity pressures and surging interest rates are anticipated in the domestic banking sector as the year-end approaches.
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.
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