12-07-2022 16:23
Record-breaking syndicated financing for one of Vietnam’s most interesting banks tells us much about investor sentiment towards the borrower and the country.
12-07-2022 15:28
Vietnam is expected to become the next digital tiger in Asia as the country pushes forward with its digital transformation strategies, according to the Vietnam Economics report by MayBank.
12-07-2022 10:00
Globally, inflation has reached a record level in the past four decades due to two main factors. Firstly, central banks around the world have pumped out a big chunk of money to aid the economic rebound. For instance, Japan has pumped out a money volume equal to 58 per cent of its GDP, and the figure for the US is 30 per cent.
10-07-2022 15:13
The ancient riverbank town of Hoi An in the central province of Quang Nam, which used to be a trading post with historical richness, was recently reviewed by The Travel website as an ideal place for foreign visitors who want to see the exotic culture of Vietnam.
10-07-2022 14:54
Large banks are starting to join the deposit interest rate hike race along with small- and medium-sized banks due to rising capital demand pressure after a long time staying out of the game.
08-07-2022 18:18
VPBank has partnered up with SmartPay and DMSpro JSC on July 7 to provide practical financial solutions to address urgent needs of small and medium-sized enterprises (SME).
07-07-2022 09:30
A couple of months ago, the Vietnamese government issued a second draft decree on implementation of the regulatory sandbox for fintech.
01-07-2022 16:18
The Vietnam Report JSC has recently published the list of the top 10 prestigious banks in Vietnam in 2022.
01-07-2022 13:18
The increased use of plastics has accompanied Vietnam’s fast economic growth over the last decade. With growing urbanisation and a rising middle class, the demand for plastics has grown rapidly in consumer packaging, construction, household goods, and automotive industries because of their convenience and versatility. In 2019, the plastic industry contributed about $17.5 billion to Vietnam’s economy, equivalent to 6.7 per cent of the country’s GDP.
30-06-2022 16:40
Collectius, a leading restructuring partner for financial institutions in Asia, acquired its first portfolios in Vietnam since entering the market at the end of last year, securing more than $800 million of non-performing loans (NPL) from a local commercial bank.
29-06-2022 08:00
On 06 June 2022, Public Bank Vietnam unveiled its latest digital offering – “PB engage VN”, a brand-new mobile banking application complete with comprehensive features, providing customers with optimum user experience and convenience.
27-06-2022 19:30
The Russia-Ukraine conflict has increased global oil market volatility. The economic impact of another oil price shock, should it materialise, would be significant.
26-06-2022 12:34
The banking industry may have a hard time reaching its 2022 profit growth targets, but share valuations have dropped significantly to attractive prices.
24-06-2022 14:46
More than 75 per cent of the material value of plastics is squandered when discarded after a single use, reported World Bank's 2021 Southeast Asian research. To promote sustainable consumption preferences, VIR presented a talk show titled Innovative Solutions & Substitutes for Single-use Plastic Towards Green Consumption on June 23 as part of a series of talks with firms from various industries.
23-06-2022 11:51
Digital transformation should be considered an ongoing process for banks, in which competition and cooperation with other partners are top priorities to enhance the customer experience, according to Luu Trung Thai, vice chairman of the board and CEO of Military Commercial Joint Stock Bank (MB Bank).