24-04-2013 16:57
Banks are not optimistic on projecting their year-plan profits as the current economic situation remains uncertain for the finance industry.
24-04-2013 15:13
Some Vietnam banks are pondering new and deeper foreign partnerships to strengthen their positions amid current stormy economy.
15-04-2013 08:30
The State Bank of Vietnam (SBV) will sell gold until banks no longer need the precious metal with the hope that the gap between local and global gold prices will narrow, stated a senior source from the central bank.
11-04-2013 11:30
Banks are taking a cautious approach towards a proposed national asset management company.
08-04-2013 08:12
State Bank of Vietnam (SBV) Governor Nguyen Van Binh has called on commercial banks to cut costs in order to reduce interest rates on business loans.
04-04-2013 09:41
The increasing affluence of the Vietnamese people allows banks to introduce more wealth management services in the country. Duong Duc Hung, head of retail banking at ANZ Vietnam.
03-04-2013 14:42
Credit institutions are no longer allowed to give loans to customers who want to purchase gold in any form, including primary gold, bullion and jewellery, according to the State Bank of Viet Nam (SBV).
29-03-2013 09:02
Vietnam Bank for Agriculture and Rural Development (Agribank) on Monday signed a memorandum of understanding (MoU) on comprehensive cooperation with NongHyup Bank, formerly known as National Agricultural Cooperative Federation of Korea, to facilitate business links between the two countries.
27-03-2013 17:29
A long-awaited draft decree addressing bank bad debts is under the microscope.
25-03-2013 11:43
Banks are continuing to sit on a pile cash with few firms ready to talk business.
25-03-2013 11:18
The State Bank might consider dividing banking system credit groups this year, but the growth cap might be unnecessary given soft credit growth.
22-03-2013 08:42
Many Vietnamese banks in HCM City have lowered deposit interest rates since early March as deposits continue to rise.
19-03-2013 15:35
A big stick is to be taken to banks’ restructuring.
19-03-2013 08:40
After successfully raising liquidity, and despite low interest rates, many Vietnamese banks have been finding it difficult to find new customers for loans.
18-03-2013 14:43
Banks are taking a calm approach to 2013 profit targets amid a stormy economy.