us department of treasury and sbv reach mutual agreement on currency practices

US Department of Treasury and SBV reach mutual agreement on currency practices

The US Department of the Treasury and the State Bank of Vietnam have had constructive discussions in recent months and reached an agreement to address the Treasury’s concerns about Vietnam’s currency practices.
govt rolls out interest free loans for companies to pay salaries

Govt rolls out interest-free loans for companies to pay salaries

The Viet Nam Bank for Social Policies has begun accepting applications from businesses for interest-free loans to fund furlough and salary payments, its deputy director, Bui Van Son, said.
citi report flags asia to play leading role in building a sustainable future

Citi report flags Asia to play leading role in building a sustainable future

A new report from Citi revealed that more clients are embracing different areas of finance to meet their environmental, social and governance (ESG) goals.
vietnam among top 10 unbanked nations in the world

Vietnam among top 10 unbanked nations in the world

Fintech investors are growing interest in Vietnam that, nevertheless, is among the top 10 unbanked nations in the world.
market hit hard by strong selling force

Market hit hard by strong selling force

Shares plummeted on Monday on profit-taking activities with many bank stocks hitting the biggest daily loss of 7 per cent.
timo digital bank participates in build on vietnam 2021

Timo Digital Bank participates in “Build On, Vietnam 2021”

The first digital bank in Vietnam, Timo has become one of the sponsors accompanying the "Build On, Vietnam 2021" programme, an intellectual playground for students who love to explore cloud computing technology in Vietnam.
corporate bonds issuance in first six months reach over 83 billion

Corporate bonds issuance in first six months reach over $8.3 billion

Corporate bonds issuances have been on an uptrend in June, led by banking and real estate groups.
vietnamese banks authorised to lift credit growth

Vietnamese banks authorised to lift credit growth

A number of commercial banks have been allowed to lift their credit growth target to expand their operations.
banking stability playing key role in economic health

Banking stability playing key role in economic health

The first half of this year has come and gone, with a very interesting case on why banks still bear fruit with upbeat business results during a difficult time for the economy.
banks lift women led groups with financing options

Banks lift women-led groups with financing options

Both local and foreign banks are joining forces to promote an inclusive growth and generate more job opportunities by boosting their funding packages to women-led enterprises, hence increasing critical roles of female entrepreneurs in corporate value chains.
hsbc secures first push facility in asean for nutifood backing vietnam italy trade

HSBC secures first Push facility in ASEAN for Nutifood, backing Vietnam–Italy trade

The 5-year term offshore loan from HSBC for Nutifood is the first of its kind in Vietnam and ASEAN. The transaction is expected to open more opportunities to promote bilateral trade between Vietnam and Italy.
vietabank to list 445 million shares on upcom

VietABank to list 445 million shares on UPCoM

Vietnam Asia Commercial Joint Stock Bank (VietABank) will list 445 million shares (OTC: VAB) on the Unlisted Public Company Market (UPCoM) with the reference price of VND13,500 (58 US cent).
vietnams ppp law is up and running

Vietnam’s PPP law is up and running

Despite significant gains in the last decade, Vietnam’s infrastructure lags regional peers such as Indonesia, Malaysia, and Thailand.
bac a bank offers incentive loans to rural projects

BAC A BANK offers incentive loans to rural projects

Domestically-invested BAC A BANK is extending a preferential loan package from the Rural Development Fund II (RDFII) to support lives and business in rural areas.
ifc provides 100 million loan to ocb to support smes and climate friendly projects

IFC provides $100 million loan to OCB to support SMEs and climate-friendly projects

To facilitate greater private sector contribution to green and sustainable growth in Vietnam, International Finance Corporation (IFC) will provide a $100 million long-term loan to Vietnamese lender Orient Commercial Joint Stock Bank (OCB) to expand lending to small- and medium-sized enterprises and boost financing, especially for climate-friendly projects in the country.