20-09-2021 17:20
Supporting individual customers to weather the health crisis and gradually resume their livelihoods and business, BAC A BANK is deploying a special VND3 trillion ($130.43 million) loan programme.
20-09-2021 08:00
In recent years, the banking system has experienced many strong transformation trends such as digital transformation, process automation, and strong investments in information technology. Alongside with these innovations, banks have also devoted considerable resources to enhancing the risk management foundation towards leading practices. In Vietnam, some pioneering banks have proactively piloted Basel III and Basel IV standards in order to stay competitive and ensure a sustainable growth.
19-09-2021 08:00
The pandemic as a force majeure event has crippled people’s ability to meet loan repayment requirements, but while the real estate sector also appears susceptible to the crisis, the State Bank of Vietnam and commercial lenders have taken measures to deal with worrisome property assets.
17-09-2021 17:40
Two in three, equal to 67 per cent, of banks believe they will lose market share within two years if they fail to digitally transform, according to a new report from cloud banking platform Mambu and The Financial Times Focus (FT Focus).
17-09-2021 12:01
Vietnam's mobile experience platform leader Kobiton has raised $12 million to accelerate the growth of its mobile testing platform, led by Panoramic Ventures and Fulcrum Equity Partners, and including an expanded debt facility with Silicon Valley Bank, providing additional access to growth capital.
17-09-2021 09:00
Vietnam has been among the top 10 fastest-growing economies in the world over the last 30 years, and the country will continue to be one of the fastest in the next two decades. As such, the wealthy population is rapidly growing too.
17-09-2021 08:02
The government has directed the State Bank of Vietnam to set forth a credit support scheme within this month to help local air carriers bolster liquidity.
16-09-2021 23:24
Vietnam attracted 14 billion USD in foreign direct investment (FDI) in the first eight months of this year, only 2 percent lower than the same period last year, showing foreign investors’ confidence in Vietnam’s economic scenario in mid-and long terms.
16-09-2021 16:46
Timo digital bank joined Zalo Connect with a solution to allow donors to financially support people affected by COVID-19.
15-09-2021 16:57
HSBC Vietnam supported General Atlantic and Dragoneer Investment Group in co-leading a $250 million Series B investment in VNLIFE, a local tech startup operating in banking enablement, digital payment, online travel, and new retail. This capital injection is expected to accelerate the growth of VNLIFE’s existing businesses and support its development of new platforms and technologies to better serve its merchant partners and Vietnamese consumers.
15-09-2021 16:19
Thailand’s Bank of Ayudhya (Krungsri Bank) is signalling interest in expanding its footprint in Southeast Asia, including Vietnam.
15-09-2021 11:49
Techcombank announced that it has selected Amazon Web Services (AWS), an Amazon.com, Inc. company, as its preferred cloud provider to enhance customer experience.
15-09-2021 09:00
While telecommunications firms keep a wait-and-see stance on SMS service charge reductions despite mounting worries from banks. the forthcoming adoption of mobile money from some state-run groups is expected to bridge the gap between urban and rural areas in convenient cashless payments.
15-09-2021 08:18
The State Bank of Vietnam has approved MSB to increase its charter capital by VND3.525 trillion ($153.26 million) to VND15.275 trillion ($664.13 million) through stock issuance to pay dividends.
14-09-2021 14:59
State Capital Investment Corporation bought Vietnam Airlines (HSX: HVN) shares to hold at least 31.08 per cent of the charter capital to help the company overcome its difficulties amid the COVID-19 pandemic.