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Addressing legal gaps for resolving non-performing loans
15 giờ 35 phút
Legal obstacles and inconsistencies prolonging the debt resolution process, lack of specific guidance on the entrusted handling of secured assets, and the low legal compliance of judgment debtors are the main factors affecting the recovery of non-performing loans and the clearance of credit flows by banks.
CASA ratio assessment for first half of 2024
15 giờ 41 phút
Vietnam's current account saving account (CASA) is on a robust recovery path. Banking consultant Le Hoai An, founder of Integrated Financial Solutions Joint Stock Company spoke with VIR’s Hong Dung about the factors driving the recovery.
Reference exchange rate continues going up
2 ngày trước
The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,224 VND/USD on August 30 up 4 VND from the previous day.
Laos tightens monetary policy to ease inflation
2 ngày trước
The Bank of the Lao PDR is set to further increase interest rate on Lao kip deposits from 10 per cent to 10.5 pc per year to alleviate inflationary pressures currently affecting the economy, reported the Vientiane Times.
Banks still counting profit from securities trading
2 ngày trước
Despite market volatilities, many banks still count healthy profits from securities trading.
Central bank takes looser monetary measures
2 ngày trước
The State Bank of Vietnam (SBV) has relaxed monetary measures in the context of sharp declines in the foreign exchange rate in recent days.
Credit continues to flow into real estate sector
3 ngày trước
Despite headwinds, banks’ outstanding balances in the real estate sector maintained an upward trend in the first half of this year.
Driving ASEAN’s supply chains through connectivity
4 ngày trước
The ASEAN region’s supply chains are being driven through both connectivity and sustainability. Leong Yung Chee, head of Group Corporate Banking at UOB, gave VIR’s Hanh Vy his insights on capturing connectivity flows and the various opportunities available in fast-growing trade corridors in Vietnam.
Banks sharpen focus on scale-up of sustainability
4 ngày trước
Banks have demonstrated their determination to achieve sustainability in Vietnam by partnering with regional lenders and global investors, emphasising green finance and rigorous due diligence.
New policy promotes green banking development in Vietnam
5 ngày trước
The State Bank of Vietnam (SBV) is pushing all credit institutions to go green in terms of banking and credit.
Reference exchange rate up at week’s beginning
5 ngày trước
The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,254 VND/USD on August 26, up 4 VND from the last working day of previous week (August 23).
Chinese fund latest to own more than 1 per cent stake in VPBank
5 ngày trước
China's Tianhong Vietnamese Market Equity Launched QDII Fund has become the latest shareholder to take a more than one per cent holding in VPBank.
World Bank forecasts Vietnam’s economy to grow by 6.1 per cent in 2024
5 ngày trước
Vietnam’s economy is forecast to grow by 6.1 per cent in 2024, rising to 6.5 per cent in 2025–2026, according to a report by the World Bank issued on August 26.
US Fed chair expected to signal support for rate cuts
23-08-2024 15:00
US Federal Reserve chair Jerome Powell is widely expected to use a keynote speech at a major central banking conference on Friday to signal support for cutting interest rates ahead of next month's rate decision.
Techcombank scoops three prestigious awards by Asian Banking & Finance magazine
23-08-2024 10:15
Hanoi-headquartered Techcombank has won three prestigious awards from financial publication Asian Banking & Finance.
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