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SBV gold auction sells 7,900 taels
22-05-2024 09:00
A gold auction held by the State Bank of Vietnam (SBV) on May 21 sold 7,900 taels (70 lots) of SJC-brand gold bullion to nine different bidders.
Thailand's KBank offers $44 million loan to BW
21-05-2024 19:47
KBank, one of Thailand's leading banks, and BW Industrial Development Joint Stock Company, Vietnam's leading for-rent logistics and industrial platform, have announced a strategic financial partnership aimed at propelling the country's industrial and logistics sectors to new heights.
Vietnam finalises valuation of three banks for mandatory acquisition
21-05-2024 19:35
The Vietnamese government has completed the valuation of three banks for mandatory acquisition, with plans to present the proposal for approval in May, aiming to finalise the process by the end of the year.
Eleven bidders win latest gold auction
17-05-2024 09:51
Eleven bidders bought a total of 12,300 out of the 16,800 taels of SJC-branded gold bullion that the State Bank of Vietnam (SBV) offered for sale at an auction held on May 16.
Commercial banks' credit growth picture in Q1 through expert lens
17-05-2024 07:50
Le Hoai An, a banking consultant and trainer at Integrated Financial Solutions, talked with Hong Dung on the credit landscape in the first quarter of this year, its impacts on banking stocks' performance, and how some banks have tackled current challenges to achieve better growth.
Open banking being embraced in Vietnam
16-05-2024 19:00
Open banking in Vietnam is evolving from traditional closed systems to a collaborative ecosystem, driven by customer demand and innovative partnerships, with forthcoming rules set to streamline standards and integration.
Financial institutions adjust real estate lending tactics
16-05-2024 17:13
Recent adjustments in lending terms by various banks signal a broader effort to adapt financial products to Vietnam’s evolving real estate sector.
Citi saw significant energy transition investment in 2023
15-05-2024 18:44
In the 2023 Climate Report, Citi provides an update on the progress the bank is making towards its net-zero commitment, how it is managing environmental risk, and details the impact of its climate strategy over the past year.
Military Bank bolsters app security with facial recognition for safer transactions
14-05-2024 19:08
Fraud and asset misappropriation are becoming increasingly sophisticated, so Military Bank (MB) has upgraded its online transaction security with facial recognition authentication.
Eight bidders win May 14 gold auction
14-05-2024 16:54
Eight bidders bought a total of 8,100 taels of SJC-branded gold bullion out of the 16,800 that the State Bank of Vietnam (SBV) offered for sale at the auction held on May 14 morning.
US Fed vice chair says interest rates should remain on pause
14-05-2024 09:11
The US central bank should keep interest rates at their current "restrictive" levels until it sees real progress in the fight to lower inflation, a senior Fed official said Monday.
Malaysia, RoK renews currency swap deal
13-05-2024 17:21
The Central Bank of Malaysia (BNM) announced that it has signed an agreement with its counterpart from the Republic of Korea (RoK) to extend a bilateral swap arrangement by another three years.
TTC AgriS secures an additional $80 million
13-05-2024 16:37
Thanh Thanh Cong - Bien Hoa JSC (TTC AgriS) completed the signing of a loan agreement worth $80 million with Taiwan's E.SUN Commercial Bank Ltd on May 13.
Lenders increase provisioning to protect against bad debt
13-05-2024 16:30
Deputy Governor of the State Bank of Vietnam (SBV) Dao Minh Tu has revealed that the central bank has greenlit a six-month extension of the debt rescheduling policy according to Circular No.02/2023/TT-NHNN.
HDBank’s faith in ESG pays off for partners and customers
13-05-2024 08:00
HDBank is pioneering the internationalisation of its governance practices and is benefiting from the steadfast support of seasoned shareholders and investment funds.
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