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UOB becomes bank of choice for aspiring ASEAN consumers
16-08-2024 11:41
United Overseas Bank (UOB), Southeast Asia’s third-largest bank by assets, is tapping into megatrends in the region to drive its growth, positioning itself on capturing the rising ASEAN consumer spend and cross-border payments.
Strong institutions shield emerging markets from US monetary shocks
16-08-2024 09:15
Economists Donghyun Park and Irfan A. Qureshi from Asian Development Bank (ADB) delve into the factors helping emerging markets to ensure long-term financial stability and foster sustained economic growth amidst the challenges posed by global financial fluctuations.
SeABank secures $30 million convertible loan from Norfund
15-08-2024 12:18
SeABank signed a $30 million convertible loan agreement with The Norwegian Investment Fund for Developing Countries (Norfund) on August 13.
Policies could pump in more credit in H2
15-08-2024 10:35
Economic growth outlook for the last six months of the year and the influence of international geo-political developments prompt Vietnam to continue maintaining its monetary policy in a flexible manner to reduce lending rates for businesses.
Assessment of non-performing loans so far in 2024
15-08-2024 09:51
The non-performing loan (NPL) ratio reached nearly 5 per cent at the end of May. Le Hoai An, a banking consultant and trainer at Integrated Financial Solutions, talked with VIR’s Hong Dung the assessment of NPLs in the first half of 2024.
Deposits flowing back into banks
13-08-2024 18:58
Deposits in the banking system are increasing in tandem with rising interest rates, amid a crisis in risky asset investment channels.
Overcoming demographic deficits through regional worker migration
13-08-2024 18:35
Much of Asia-Pacific has grown richer over the past 50 years by investing heavily in infrastructure during a period of 'demographic dividend', when working age populations were growing.
Bank bond issuance soars 140 per cent amid debt crisis
13-08-2024 16:58
Bank bond issuance has surged to 96.2 trillion VND this year, a surge of 140 per cent from last year, according to MB Securities (MBS).
Thai banks introduce measures to cope with bad debts
13-08-2024 16:38
Thailand’s major financial institutions are preparing for a difficult second half of 2024, as a struggling economy and high household debt force banks to take a more conservative approach to lending.
MB receives double honour from HR Asia
12-08-2024 21:21
Military Commercial Joint-Stock Bank (MB) has been honoured as one of the 'Best Companies To Work For In Asia 2024' along with being awarded the newly introduced 'Sustainable Workplace Award', conferred by HR Asia, a top human resources publication in Asia.
MUFG Bank, Ltd., Ho Chi Minh City Branch officially moved to The Nexus
12-08-2024 14:35
A century's journey, advancing sustainable growth in Vietnam
Practical solutions appropriate regarding sugary drinks
12-08-2024 11:00
International organisations like the World Health Organization, World Bank, UNICEF, and Johns Hopkins University have put across their opinions on proposals in Vietnam on taxing sugary beverages, the Ministry of Finance has said.
Laos to establish bullion bank
09-08-2024 12:59
The Government of Laos, represented by the Ministry of Finance, has signed a shareholders’ agreement with PTL Holding Co., Ltd. to establish the Lao Bullion Bank as a reserve fund for the nation’s economic and financial system.
Banking policies negatively impact Vietnam's economy
09-08-2024 09:00
Experts warn that if domestic banks significantly raise savings and lending interest rates, Vietnam's economic growth could be dragged down.
HDBank posts outstanding business results in first half of 2024
08-08-2024 09:00
HDBank held its Q2 investor conference on August 8, where it announced positive business results for the first half of the year.
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