25-12-2012 10:04
The State Bank late last week cut down its base and benchmark interest rates, allowing commercial banks to further slash lending rates this week.
14-12-2012 14:26
Foreign banks expected Vietnam to reach its GDP target despite many issues to overcome.
12-12-2012 11:20
Thailand’s banking system has rebounded strongly from the country’s 1997 financial crisis. On the sidelines of the recent East Asia Conference for Financial Stability in Hanoi, Bank of Thailand assistant governor Salinee Wangtal told VIR’s Trinh Trang about lessons that Thailand’s bankers learned on implementing monetary policies after the crisis.
10-12-2012 14:10
Non-performing loan and cross-ownership are two big issues that Vietnam has to clean up in its banking sector to improve investors’ confidence in the economy.
08-12-2012 13:54
Taiwan based Cathay United Bank (CUB) and other five banks have successfully arrange a 100 per cent funded loan valued at $60 million for Vietnam’s state-owned Vietnam Airlines Corporation to buy one Airbus A321 from France aircraft manufacturer Airbus.
05-12-2012 09:04
EU finance ministers engaged Tuesday in arduous talks aimed at setting up a new system for cross-border supervision of thousands of banks as sharp differences emerged between Berlin, London and Paris.
04-12-2012 15:33
Banks are scaling up efforts to inject capital into property area to boost lending and warm up a sleepy property market.
04-12-2012 10:32
Under fire Asia Commercial Bank is to make a bold withdrawal of its holdings in other banks to narrow the focus of its business.
04-12-2012 10:23
Vietnam’s banks have stopped issuing gold certificates for deposits under the nation’s new gold-control policies.
29-11-2012 15:49
Gold bullion bearing the national brand SJC saw another decrease yesterday of its selling price to VND47.22 million, and the buying price to VND47.07 million ($2,260 – $2,252) per tael.
28-11-2012 16:26
Eight banks and 13 companies have filed their applications to acquire the licence needed to trade gold bullion, the Ho Chi Minh City branch of the State Bank of Vietnam announced Tuesday.
27-11-2012 11:05
BaoViet Group, Vietnam’s leading financial insurance corporation, is focusing on bancassurance as one of its strategic products to grab the fledgling local market.
27-11-2012 11:02
A heavyweight piece of US banking legislation is set to land on global banks to increase tax revenue back to the US. But, are Vietnamese banks ready for this landmark move?
27-11-2012 10:53
Dr. Andreas Stoffers, a German retail banker with considerable experience in Vietnam’s banking sector, analyses the challenges and prospects for undertaking retail banking in Vietnam.
27-11-2012 10:40
A crisis of bad debt is just one reason why Vietnam is restructuring its banking industry amid domestic and global economic turbulence. McKinsey & Company senior partner Joydeep Sengupta and partner Marco Breu offer their perspective on the challenges facing Vietnam’s banking sector.