23-06-2021 13:45
Loans related to real estate-backed collateral and build-operate-transfer projects are classified as among the riskiest and largest portion of banks’ portfolios, which might require restrictive approaches on quantitative quotas.
23-06-2021 12:03
With its 27 years of development in Vietnam via fostering sustainable values for the community, Bac A Commercial Joint Stock Bank has been accompanying the government’s efforts to fight the pandemic and protect public health.
23-06-2021 08:00
The Vietnamese economy has proved to be resilient so far this year, with its relatively positive performance. Andrew Jeffries, country director for Vietnam at the Asian Development Bank (ADB), talked with VIR’s Thanh Thu about the economy’s prospects, underlining measures proposed by the government to achieve its task.
22-06-2021 22:20
While the pandemic pushes businesses into woes and close to bankruptcy, the Ministry of Planning and Investment has proposed numerous measures on interest rate and tax support to help them survive.
22-06-2021 12:05
Citi Vietnam employees are joining Global Pride Month 2021 to promote diversity and inclusion at the workplace and support the LGBTQ+ community.
22-06-2021 09:54
Vietnam Airlines is expected to receive a credit package of VND4 trillion ($173.9 million) soon to help avoid bankruptcy.
21-06-2021 10:23
MFast has wrapped up a $1.5 million seed round investment featuring Do Ventures as lead investor and JAFCO Asia as co-investor.
19-06-2021 22:17
The Ministry of Planning and Investment (MPI) proposed plenty of solutions aiming to save airlines from bankruptcy.
19-06-2021 11:38
HSBC on Friday said it will incur a hefty charge of 1.9 billion euros with the sale of its French retail banking operations to French lender My Money Group.
18-06-2021 08:00
Banks are coming to grips with a tile of non-performing loans due to the pandemic. Kent Wong, partner and head of Banking and Capital Market at VCI Legal, portrays how the new circular’s debt rescheduling may affect banks, and how foreign banks could deal with distressed loans.
17-06-2021 19:27
Federal Reserve Chair Jerome Powell on Wednesday once again tried to assuage fears of rising US inflation, even while a majority of central bank officials now believe interest rates will increase in 2023.
15-06-2021 16:23
Despite the unprecedented public health challenges of COVID-19, MBBank has successfully kept the lights on while considering COVID-19 a golden opportunity for the bank to promote digital transformation.
14-06-2021 12:01
The State Bank of Vietnam (SBV) has approved Orient Commercial Bank (OCB) to increase its charter capital to nearly VND2.74 trillion ($119.13 million) by issuing nearly 274 million shares, with a dividend rate of 25 per cent.
14-06-2021 08:19
Vietnam's economy appears to have performed relatively well during the fourth outbreak of coronavirus, according to the June 2021 Vietnam Macro Monitoring report by the World Bank.
11-06-2021 19:46
An appeal trial for the case related to violations of regulations on banking activities and abuse of trust to appropriate assets at the Bank for Investment and Development of Vietnam (BIDV), Binh Ha Livestock JSC and Trung Dung Trade and Tourism Co. Ltd. will take place from June 28-30, the High-level People’s Court in Hanoi announced on June 11.