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Rising NPLs under increased pressure

By Hazy Tran November 07, 2024 | 09:36

Amid rising non-performing loan ratios, banks face increased pressure to strengthen provisioning and expedite collateral recovery, all while grappling with significant losses from recent events.

Lowered lending rates to facilitate capital access

By Vy Vy November 07, 2024 | 09:27

The fourth quarter is bringing soaring capital demand for production and housing, calling for timely preferential credit and rate cuts to empower businesses and citizens in driving consumption and robust growth

2024 sees $1.41 billion in fintech funding so far

By Thanh Van November 07, 2024 | 08:13

ASEAN fintech funding totalled $1.41 billion in the first three quarters of this year, representing four per cent of global fintech funding.

Bitcoin hits new record high of more than $75,000

By AFP November 06, 2024 | 14:38

Bitcoin soared to a new record high on Wednesday as traders bet on victory for Donald Trump in the US presidential race, with the tycoon seen as the pro-crypto candidate.

VIB receives award for card design feature

By Thanh Van November 06, 2024 | 13:30

VIB has been recognised as the first bank in Vietnam to allow customers to design their own credit card images.

Krungsri to purchase remaining 50 per cent of SHBFinance's charter capital early

By Thanh Van November 05, 2024 | 17:05

Ayudhya Public Bank Limited announced plans on November 5 to expedite the purchase of the remaining 50 per cent of SHBFinance's charter capital.

MB Economic Insights 10th: A decade of accompanying import-export businesses

By Luu Huong November 05, 2024 | 14:37

The 10th annual 'MB Economic Insights' conference took place on October 25, in Ho Chi Minh City amid significant global economic and political upheavals.

Citi report discusses economics of philanthropy

By Huong Thuy November 05, 2024 | 10:17

The new Citi report released in late October delves into the economic impact of philanthropy, emphasising the immense, yet often underestimated, contribution of individual giving to the global economy.

Monetary policy flexible and stable

By Hazy Tran November 03, 2024 | 14:47

Vietnam’s central bank remains steadfast in implementing a proactive yet cautious monetary policy, exercising flexibility in the use of monetary tools amid recent sharp exchange rate fluctuations.

SeABank builds on strong risk management formula

By Vy Vy November 03, 2024 | 14:38

As of the end of Q3, SeABank recorded a 43 per cent on-year profit soar, along with several positive business indicators, driven by the bank’s solid and effective risk management practices.