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Tran Minh Binh becomes new chairman of VetinBank
08-09-2021 09:26
CEO Tran Minh Binh has been appointed as chairman of the bank's Board of Directors.
Over 36.2 trillion VND raised through G-bond auctions in August
07-09-2021 22:53
The State Treasury and the Vietnam Bank for Social Policies (VBSP) mobilised more than 36.2 trillion VND (1.59 billion USD) on the primary market via 20 Government bond (G-bond) auctions on the Hanoi Stock Exchange (HNX) in August.
New Citi-EIU report highlights resiliency of Asia-Pacific supply chains during pandemic
07-09-2021 20:27
A new research commissioned by Citi, a leading global bank, and undertaken by The Economist Intelligence Unit (EIU) found that supply chains in the Asia-Pacific region have been more resilient than expected despite supply chain-related shocks on the back of the COVID-19 pandemic.
Consumer finance survey reveals strongest financial brands in Vietnam
07-09-2021 15:23
The biggest-ever consumer finance survey in Vietnam has named Vietcombank, BIDV, and Techcombank as the country’s three strongest financial brands. Based on over 45,222 interviews with Vietnamese consumers between July 2020 and July 2021, the results were revealed in the first YouGov Banking & Insurance rankings.
Agribank launches online account opening and transactions during pandemic
07-09-2021 08:00
Agribank's Electronic Know Your Customer (eKYC) solution contributes to improving customer experience, simplifies the account opening process. Amid COVID-19 complications, eKYC protects users' health by limiting contact as all operations are conducted entirely online.Easy to open an account right on Agribank E-Mobile Banking
Techcombank to issue six million ESOP shares for employees
06-09-2021 16:03
Techcombank will issue at least six million shares under the employee stock ownership plan (ESOP) for foreign and Vietnamese employees.
VNDIRECT Securities doubles maiden syndicated loan facility to $100 million
06-09-2021 08:00
VNDIRECT Securities Corporation (VND) has successfully raised a one-year syndicated loan for a total deal size of $100 million. This was VND’s maiden loan in the offshore syndication market as it opted to tap into a broader pool of liquidity to support its business growth.
Moody's places SHB Finance on review for upgrade on potential sale to Bank of Ayudhya
05-09-2021 23:07
Moody's Investors Service has placed all long-term ratings of SHBank Finance Co., Ltd. (SHB Finance) on review for upgrade.
Thu Thiem 2 Bridge completes installation of final steel beams
05-09-2021 16:52
The last girder span of Thu Thiem 2 Bridge has been installed, connecting the two banks of District 1 and Thu Duc city.
World Bank, IFC and Australia partner to strengthen VN capital market
04-09-2021 13:08
The IFC and the World Bank, in partnership with the Australian government, are implementing a multi-year advisory programme to facilitate Viet Nam’s stock market development, the IFC announced on Tuesday.
Banks do away with physical offices to aid digital services
03-09-2021 10:00
As Vietnam implements strict social distancing measures, banks have been stretched thin with some temporarily closing their brick-and-mortar offices to help customers go digital.
Perspectives on SBV’s debt rescheduling alterations
02-09-2021 21:36
The current wave of COVID-19’s Delta variant has pushed the Vietnamese government into implementing strict social distancing measures and lockdowns, which also significantly impedes the domestic economy. So, it should come as no surprise that the State Bank of Vietnam (SBV) has proposed amendments to Circular No.03/2021/TT-NHNN dated April 2 that would extend the circular’s effectiveness while widening the protections it provides for pandemic-impacted borrowers.
Vietnam in a stronger spot for Thai bankers
02-09-2021 21:31
Thai financiers are forging a stronger partnership in Vietnam’s alluring demographics to scale their businesses further, particularly with the increasing assistance from deep-pocketed Thai banks.
Banks struggle to snap up distressed domestic lenders
02-09-2021 21:30
Financially sound local and foreign banks are turning a deaf ear to acquire distressed and insolvent Vietnamese banks as they find it hard to access better equipment to address a range of adverse outcomes under a widely accepted supervisory regime.
Controversies arise as realtors feel left out amid health crisis
02-09-2021 16:17
The economic downturn has affected almost all industries, including real estate. However, the State Bank of Vietnam and other financial institutions are still keeping a tight rein on this capital-intensive sector.
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