digital demand leads to german presence

Digital demand leads to German presence

German financial institutions and digitally-led banking platforms are doubling down on their efforts to stand in the good stead of Vietnam’s market, following various endeavours the two countries have upheld since its strategic partnership began.
bac giang policy credit helps people surmount pandemic challenges

Bac Giang: Policy credit helps people surmount pandemic challenges

Like other business entities and organisations, the Bac Giang branch of Vietnam Bank for Social Policies has been operating at full throttle after the social distancing, bringing policy credit to each commune and hamlet, helping local residents resume production and stabilise life.
manulife vietnam celebrates bancassurance milestone with saigon commercial bank

Manulife Vietnam celebrates bancassurance milestone with Saigon Commercial Bank

Canadian life insurer Manulife Vietnam and Ho Chi Minh City-based commercial lender SCB have marked the sixth anniversary of their bancassurance partnership by reaffirming a shared commitment to help address the growing financial and insurance needs of Vietnamese people.
private airlines ask for zero interest loans

Private airlines ask for zero-interest loans

Private airlines have requested access to 0 percent interest loans, similar to the support Vietnam Airlines (VNA) - the country's flag carrier - is entitled to, heard a meeting among the State Bank of Vietnam (SBV), commercial banks and the airlines.
more fintech partnerships established to ride digital baking wave

More fintech partnerships established to ride digital baking wave

As digital banking will become the new norm, more fintech partnerships have been formed to catch up with this trend in Vietnam.
plastic as a valuable resource for vietnam to tackle plastics pollution

Plastic as a valuable resource for Vietnam to tackle plastics pollution

A new IFC-World Bank analysis argues that treating used plastic as a resource provides a compelling financial case for Vietnam to scale up recycling and other plastic circularity efforts while fostering sustainable economic development locally.
market rebounds on energy stocks

Market rebounds on energy stocks

The market inched higher on Tuesday morning on strong gains of oil, gas and coal stocks.
unleashing vietnams clean power potential

Unleashing Vietnam’s clean power potential

Two of Vietnam’s new wind power projects have overcome the obstacles of pressing commencement deadlines, challenging funding conditions, and a pandemic thanks to critical support from their banking partners.
citi vietnam donates 14 icu beds to thong nhat hospital to support covid 19 treatment

Citi Vietnam donates 14 ICU beds to Thong Nhat Hospital to support COVID-19 treatment

Citi Vietnam contributed an estimated amount of VND1.14 billion (nearly $50,000) in the form of medical equipment to Thong Nhat Hospital, Ho Chi Minh City to facilitate the fight against the COVID-19 pandemic.
farmers feeling the pinch of current supply chain obstacles

Farmers feeling the pinch of current supply chain obstacles

Without managing the ongoing pandemic soon, farmers are set to continue making losses, while small- and medium-sized feed facilities may even go bankrupt and supply chains will be broken with the imbalance of supply and demand.
phat dat acquires diamond landbank with three road frontages in the heart of danang

Phat Dat acquires "diamond" landbank with three road frontages in the heart of Danang

Following the completion of a mergers and acquisitions deal, Phat Dat now owns a rarified 3-frontage landbank at the intersection of Bach Dang, Tran Phu, and Le Hong Phong streets in Danang. On the so-called billion-dollar axis of trade-culture-tourism in the city center, Phat Dat will develop the first branded residence project.
stronger private sector a key to economic transformation in vietnam

Stronger private sector - a key to economic transformation in Vietnam

As Vietnam battles another wave of COVID-19, accelerating the pace of reforms, upgrading workforce skills and infrastructure will strengthen the private sector to help the country recover from the pandemic and unlock its potential, according to a new World Bank Group report.
adb bullish on vietnams economic growth despite covid 19 slowdown

ADB bullish on Vietnam's economic growth despite COVID-19 slowdown

Vietnam’s economic growth is expected to slow down due to a resurgence of the coronavirus pandemic that has tightened the labour market, lowered industrial output, and disrupted agricultural value chains, the Asian Development Bank reported.
banks in charter capital hikes to add momentum

Banks in charter capital hikes to add momentum

Despite concerns over a deteriorating economic picture, both local and foreign-invested banks are laying fresh momentum in the capital hike race to supplement their adequacy ratio and intensify operations in Vietnam.
uob reaffirms long term commitment to vietnam with fresh capital injection

UOB reaffirms long-term commitment to Vietnam with fresh capital injection

UOB is reaffirming its long-term commitment to contributing to Vietnam’s economic growth and deepening its support of customers by increasing its charter capital from VND3 trillion to VND5 trillion ($130.43-217.4 million).