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KBTG Vietnam spearheads gender inclusivity in technology

21-12-2023 12:14

In the rapidly evolving, male-dominated technology industry, KBTG Vietnam – the local technology arm of KASIKORNBANK (KBank), one of Thailand's leading commercial banks – stands out not just for its technological innovations but also for fostering a culture of female empowerment and leadership.

Vietnam: a real estate market rebound in the making

21-12-2023 09:56

Mortgage rates peaked at as high as 16 per cent at some banks in early 2023 but subsequently dropped dramatically. They are now comparable to levels that prevailed before the government’s aggressive policy rate hikes last year sent borrowing rates soaring. Nevertheless, a full revival of sentiment and transaction activity is not likely until mid-2024.

Vietnam seeks Mizuho Bank's expertise

19-12-2023 09:00

Prime Minister Pham Minh Chinh has proposed a collaboration with Japan's Mizuho Bank, one of the three mega banks in Japan, for the restructuring of Vietnam's underperforming banks.

Vigilant enhancements underway for cross-ownership in banking sector

13-12-2023 11:26

The Vietnamese government is intensifying oversight in the banking sector, targeting cross-ownership in credit operations and the complex issue of banks’ affiliated businesses.

Banks grasp practicalities of open API

13-12-2023 10:25

Some Vietnamese lenders are increasingly adopting open API technology to enhance the customer experience and streamline services, amidst rising concerns over cybersecurity in the open banking ecosystem.

Vietnam readies for Open Banking revolution with new legal framework

11-12-2023 09:00

The State Bank of Vietnam (SBV) announces a major regulatory overhaul for Open Banking, with comprehensive legal guidelines and circulars expected to come into effect by July 2024.

Standard Chartered and BIDV sign $100 million sustainable trade loan agreement

08-12-2023 10:02

Standard Chartered has inked a Master of Agreement with the Bank for Investment and Development of Vietnam (BIDV), committing to a sustainable trade loan of up to $100 million.

Encouraging green urban and construction finance

06-12-2023 09:30

Green finance is crucial for Vietnam’s sustainable urban and construction development. To encourage it, banks are considering regulatory support to boost green financing.

Vietnam's green credit surge: Navigating towards sustainable finance

05-12-2023 12:39

At a VIR seminar on December 4, in collaboration with the Vietnam Bank for Agriculture and Rural Development (Agribank), key stakeholders congregated to discuss Lighting the Path for Green Financing. The forum signified a critical juncture in Vietnam's path towards sustainable development and emphasised green economic growth.

Agribank's green finance initiative: Catalysing Vietnam's eco-friendly economic ascent

05-12-2023 12:37

At the forefront of Vietnam's green finance revolution, Agribank has reported a substantial green credit portfolio of approximately $510 million as of October 31. This revelation came from Phung Thi Binh, deputy general director of Agribank, during the Lighting the Path for Green Financing seminar held by VIR on December 4.

Positive signs in Vietnam's green credit sector

04-12-2023 16:53

'Green credit' refers to the kinds of loans provided by banks for projects that are considered environmentally friendly or protective of the ecosystem. Green credit is now a trend in the global banking and finance industry, and more Vietnamese banks are following suit.