rising foreign funds in sound financing

Rising foreign funds in sound financing 

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.
deutsche bank enhances fx platform for new vietnam fx hedging rules

Deutsche Bank enhances FX platform for new Vietnam FX hedging rules

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.
credit cards for corporates facilitating cashless adoption

Credit cards for corporates facilitating cashless adoption

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.
life insurers bank on developing industry

Life insurers bank on developing industry

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.
free transfer policy applied to vietnams official covid 19 vaccine fund

Free transfer policy applied to Vietnam’s official COVID-19 Vaccine Fund

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.
timo officially becomes strategic partner of mcdonalds in vietnam

Timo officially becomes strategic partner of McDonald's in Vietnam

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.
vietcombank launches ekyc allowing customers to open accounts anywhere within minutes

Vietcombank launches eKYC, allowing customers to open accounts anywhere within minutes

This outstanding development assists customers to open Vietcombank accounts anywhere and anytime online, avoiding waiting time at transaction counters.
vietnams gdp growth to shoot up to 67 per cent in 2021 and 73 per cent in 2022

Vietnam’s GDP growth to shoot up to 6.7 per cent in 2021 and 7.3 per cent in 2022

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.
the biggest winners of stock rally in bank and real estate

The biggest winners of stock rally in bank and real estate

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.
defining the difficult choices of our age

Defining the difficult choices of our age

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.
vbsp timely transfer of policy credit during covid 19 pandemic

VBSP: Timely transfer of policy credit during COVID-19 pandemic

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.
vietnamese bank rushes for digitalised products and services for import export companies

Vietnamese bank rushes for digitalised products and services for import - export companies

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.  
bac a bank boosts cooperation with vbi

BAC A BANK boosts cooperation with VBI

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.
transitioning from recovery to growth

Transitioning from recovery to growth

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.
vietnam faces a possible gap in financial accessibility and awareness

Vietnam faces a possible gap in financial accessibility and awareness

Despite Vietnam's 70 per cent adult population having a bank account, a new global research shows possible gaps in financial accessibility and awareness.