one mount and google cloud to build vietnams largest technology ecosystem

One Mount and Google Cloud to build Vietnam's largest technology ecosystem

One Mount Group, a member of Vingroup and strategic partner of Techcombank, has partnered with Google Cloud as its preferred enterprise cloud service provider to help advance its mission to create Vietnam's largest ecosystem connecting people and businesses at the intersection of technology and humanity.
mobile money services step into limelight for unbanked

Mobile money services step into limelight for unbanked

Vietnamese telecom behemoths are gearing up to offer seamless mobile money services to tap into the lucrative contactless payment industry in Vietnam, with major focus on non-banked and underbanked mobile subscribers in remote areas.
vietnam maintains positive outlook for economic recovery in 2021 wb

Vietnam maintains positive outlook for economic recovery in 2021: WB

The rapid suppression of the new COVID-19 outbreak in late January 2021 has helped maintain Vietnam’s positive outlook for economic recovery this year, the World Bank (WB) has said.
market continues last weeks rally on banking sector

Market continues last week's rally on banking sector

Viet Nam's stock market finished higher on Monday, but foreign investors kept fleeing from the market.
higher risk of default from solar power investment

Higher risk of default from solar power investment

The rush into solar power investment ventures has triggered a growing concern over loan defaults at banks as well as threatened to disrupt the country’s energy balance. 
vietinbank securities secures 30 million syndicated loan from four taiwanese banks

VietinBank Securities secures $30 million syndicated loan from four Taiwanese banks

VietinBank Securities – the brokerage arm of state-owned VietinBank – today successfully wrapped up a mortgage loan agreement of roughly $30 million with a group of four international banks from Taiwan.
citis commitment to net zero by 2050

Citi's commitment to net zero by 2050

Citi believes that global financial institutions have the opportunity – and the responsibility – to play a leading role in helping drive the transition to a net-zero global economy and make good on the promise of the Paris Agreement.
bank deposit rates start inching up

Bank deposit rates start inching up

Bank capital mobilisation activities are showing signs of slowing down while interest rates are starting to move up.
shares extend gains propped up by banks and brokers

Shares extend gains, propped up by banks and brokers

The VN-Index extended gains on Thursday, adding 1 per cent to close trading at 1,181.73 points, propped up by banking and securities shares.
international organizations forecast strong growth for vietnam in 2021

International organizations forecast strong growth for Vietnam in 2021

Many international organizations have forecast robust economic recovery for Vietnam in 2021.
hsbc to phase out coal funding on shareholder pressure

HSBC to phase out coal funding on shareholder pressure

HSBC bank on Thursday unveiled plans to phase out financing of the coal industry over the next two decades, bowing to shareholder pressure to do more to tackle global warming.
stock market frenzy signals financial capacity intentions

Stock market frenzy signals financial capacity intentions

A successful listing would further boost the financial foundation of Vietnamese lenders, which might explain the recent rush of banks tapping public funds, switching exchanges, or tying the knot with other suitors.
world bank supports vietnam to spur energy efficiency investments

World Bank supports Vietnam to spur energy efficiency investments

The World Bank has signed a grant with the State Bank of Vietnam to support the development of a commercial financing market for industrial energy efficiency investments.
equity investment in vietnam reaches new peak

Equity investment in Vietnam reaches new peak

Equity investments in Vietnam have reached a new high in the number of transactions amid retreating cash flows on regional and global scale due to the impacts of the ongoing pandemic.
ifc and state bank of vietnam partner to promote womens leadership in banking sector

IFC and State Bank of Vietnam partner to promote women’s leadership in banking sector

In a bid to increase the number of females in leadership positions at banks, World Bank Group member IFC and the State Bank of Vietnam (SBV) are partnering to promote innovative and impactful initiatives for sustainable and inclusive economic growth.