03-06-2021 22:18
Local banks could gain the upper hand thanks to a number of syndicated loan facilities backed by international financial institutions, with a central focus on climate-friendly energy, digitally-led services, and narrowing the gap for small- and medium-sized enterprise financing.
03-06-2021 22:13
Deutsche Bank Vietnam, part of Deutsche Bank, a leading bank in Germany with strong European roots and a global network, is enabling offshore institutions and corporates to better manage their exposures to Vietnam’s currency by launching new features for post-trade activities on its award-winning foreign-exchange platform, Autobahn.
03-06-2021 22:09
Besides the retail customer segment, banks are offering a range of credit cards designed to fit the evolving comprehensive needs of small- and medium-sized enterprises and corporates to heighten efficiency and manage business expenses.
03-06-2021 22:06
While Vietnam’s insurance penetration rate is still low compared to regional peers, the lucrative sector offers high-yield returns for both investors and participants.
03-06-2021 09:55
On June 1, 2021, the Governor of the State Bank of Vietnam (SBV) issued Official Letter No.3895 on adopting a feeless transfer policy to support Vietnam’s COVID-19 Vaccine Fund.
02-06-2021 16:38
The first digital banking platform in Vietnam, Timo, on May 24 announced that it has officially become a strategic partner of the world's largest fast-food restaurant chain, McDonald's, in Vietnam.
02-06-2021 08:00
This outstanding development assists customers to open Vietcombank accounts anywhere and anytime online, avoiding waiting time at transaction counters.
02-06-2021 07:00
Standard Chartered Bank forecasts that Vietnam’s GDP growth will accelerate to 6.7 per cent in 2021 and 7.3 per cent in 2022.
01-06-2021 18:00
Stock market prospects are rosy this year, propelled by strong corporate earnings and capital raising. Hoang Viet Phuong, head of Research at SSI Securities, discussed the major themes for bank and property-related stocks, which are the two largest sectors in the domestic equity landscape.
01-06-2021 09:36
The COVID-19 pandemic has hit the poorest and most vulnerable people in developing countries the hardest, worsening inequality and exacerbating existing challenges – insufficient healthcare systems, education deficits, stagnant incomes, rising conflict and violence, poorly-selected debt contracts, and climate change.
31-05-2021 19:00
Since the first months of 2021, following the directions of the Board of Management and general director, the Vietnam Bank for Social Policies (VBSP) system, including VBSP Hoa Binh branch, has been mobilising credit sources to timely disburse concessional funds to poor households and other policy beneficiaries.
31-05-2021 16:41
Several banks are exploring digital ways to simplify the hefty paperwork that comes with international trade to enhance operational efficiency and support export-import companies. Military Bank (MB) - one of Vietnam's largest commercial banks - is also accelerating its strength to bridge the gap between local enterprises and international markets and drive long-term resilience.
30-05-2021 09:10
Bac A Commercial Joint Stock Bank (BAC A BANK) and VietinBank Insurance (VBI) have officially forged a bilateral co-operation to develop non-life insurance services.
28-05-2021 10:00
Production activities in Vietnam are on the rise, promising to further spur on economic growth. Andrew Jeffries, country director for Vietnam of the Asian Development Bank, talked with VIR’s Thanh Thu about the economy’s outlook this year, and proposed solutions.
27-05-2021 17:59
Despite Vietnam's 70 per cent adult population having a bank account, a new global research shows possible gaps in financial accessibility and awareness.