IFC mulls $20 million investment in VETC to expand electronic toll collections
By Vy Bui
March 27, 2025 | 15:37
International Finance Corporation is considering a five-year convertible bond of up to VND500 billion ($19.8 million) to support VETC JSC's expansion.
France's Proparco and Netherlands' FMO invest $80 million in SeABank
By Thanh Van
March 27, 2025 | 15:26
Proparco and FMO have signed a loan agreement worth $80 million with SeABank.
Non-performing loans pose challenge to banking sector
By Vinh Thuy
March 27, 2025 | 15:24
Managing non-performing loans (NPLs) remains a major concern for banks in 2025.
VAT cut to aid business development
By Anh Duc
March 27, 2025 | 14:55
The Ministry of Finance asked for feedback on March 24 regarding a draft resolution to cut VAT.
Citi Vietnam named best commercial bank
By Huong Thuy
March 27, 2025 | 14:47
The Asset Triple A Sustainable Finance Awards 2025 honoured Citi Vietnam in the category of local Best Commercial Bank.
Formalising law to remove NPL barriers
By Hazy Tran
March 27, 2025 | 12:21
The continued codification of regulations under the existing legal system is expected to facilitate the resolution of bad debts, as well as remove obstacles that undermine credit institutions.
Banks race to issue dividends in search for growth
By Ha Truc
March 27, 2025 | 12:16
Record-high stock dividends and capital expansion plans are underscoring bank growth goals for the coming year, reflecting financial health and a widening divide within the sector.
GELEX Infrastructure secures $40 million SACE Push loan for facility
By Vy Bui
March 26, 2025 | 09:00
HSBC and the Italian Export Credit Agency have agreed a loan of $40 million for GELEX Infrastructure JSC.
Ministry proposes tripartite coordination mechanism to manage cryptocurrency exchanges
By VNA
March 25, 2025 | 15:06
The Ministry of Finance has proposed a pilot programme for issuing and trading cryptocurrencies and digital assets, with oversight from three key agencies: the Ministry of Finance, the Ministry of Public Security, and the State Bank of Vietnam.
Deputy PM discusses financial centre development with ECB
By VNA
March 25, 2025 | 15:00
With the country’s National Assembly expected to issue a resolution this year on the establishment of international financial centres, Binh said the Vietnamese Government hopes to obtain the ECB’s advice in shaping policies for financial regulation, investment attraction, risk management, and anti-money laundering efforts.
Exchange rate surpasses VND25,800 as pressure builds
By Song Thuy
March 25, 2025 | 14:00
Commercial banks have simultaneously raised the VND-USD exchange rate, which has now exceeded the VND25,800 per dollar threshold. Since the beginning of 2025, the exchange rate at major state-owned lender Vietcombank has increased by 1.07 per cent.
Confidence remains in exchange rate stability
By Dung Vy
March 25, 2025 | 10:00
While the exchange rate is benefiting from regulatory commitments and various supportive factors, risks may persist depending on US tariff policy.
USD/VND gap fuels ongoing exchange rate pressure
By Hong Dung
March 25, 2025 | 09:00
Associate director of Rates Trading at HSBC Vietnam Vu Binh Minh spoke with VIR’s Hong Dung about possible US Federal Reserve plans and resulting exchange rate pressures.
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