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Banks sharpen focus on scale-up of sustainability
28-08-2024 08:00
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
27-08-2024 09:08
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
27-08-2024 08:49
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
26-08-2024 18:42
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
26-08-2024 17:07
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.
Vietnamese, Lao central banks discuss cooperation in using local currencies in bilateral trade
23-08-2024 10:08
The State Bank of Vietnam and the Bank of Laos have jointly organised a conference to share experience in promoting the use of respective domestic currencies in bilateral trade and investment cooperation activities to prevent external risks.
SHB accompanies foreign-invested enterprises with separate policies
22-08-2024 11:15
Saigon-Hanoi Commercial Joint-Stock Bank (SHB) is committed to creating the ideal environment for foreign-invested enterprises to scale up their operations in Vietnam.
Bad debts remained a challenge for banks in H1
21-08-2024 18:25
Banks' non-performing loans continued to grow in the first half of this year, with some banks even witnessing double-digit growth, whereas their loan loss reserve ratio trended downwards.
OMO and T-bill rate cuts to stimulate manufacturing
20-08-2024 15:07
The State Bank of Vietnam has simultaneously reduced two key interest rates in the context of decreasing exchange rate pressures in Vietnam, as well as the need to support ongoing business activities.
Citi Vietnam chief shared views at the Interbank Off-Site Workshop
19-08-2024 16:50
Ngo Thi Hong Minh, head of markets and country treasurer at Citi Vietnam, attended the 2024 Interbank Off-site Workshop held in Danang on August 9.
Singapore strengthens security in finance sector
19-08-2024 15:05
The Monetary Authority of Singapore (MAS) has cooperated with banks to seek solutions on quantum security in finance sector.
Rosier prospects for bank tickers in H2
17-08-2024 12:21
The prospects of a credit rebound, easing bad debt threats, and better net interest margins should help banks to maintain profit growth this year.
Policy credit has been the catalyst for poverty reduction in Gia Lai
16-08-2024 15:17
In the past decade, nearly $20 billion in policy credit from Vietnam Bank for Social Policies (VBSP) in Chu Se district in Gia Lai province has supported needy households and other policy beneficiaries, sparking spectacular changes in the plateau.
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