bold new approach for digital banking

Bold new approach for digital banking 

The State Bank of Vietnam (SBV) in late 2020 issued Circular No.16/2020/TT-NHNN amending Circular No.23/2014/TT-NHNN guiding the opening and use of payment accounts at payment service providers, which is one of the prominent legal documents issued to promote the transformation and development of cashless payments. 
adb helps build resilient houses for disaster hit families in quang tri

ADB helps build resilient houses for disaster-hit families in Quang Tri

Construction of 106 houses in natural disaster-hit areas worth 14.3 billion VND (615,000 USD) began in the central province of Quang Tri on March 5, funded by the Asian Development Bank (ADB).
banks plan to attract foreign capital

Banks plan to attract foreign capital

A number of banks continue planning to raise capital this year to improve their financial capacity and many have already deployed plans to attract more foreign capital.
bac a bank listed on bourse

BAC A BANK listed on bourse

On March 3, locally-invested lender Bac A Bank officially listed 708.5 million shares on the Hanoi Stock Exchange (HNX) under the transaction code of BAB.
jp morgan may bank selected tcb share as the top pick among vietnams listed banks

JP Morgan, May Bank selected TCB share as the top pick among Vietnam’s listed banks

As one of the leading tech-enabled commercial banks in Vietnam, Techcombank is among the most appealing stocks thanks to its profitability and operational efficiency with a high-calibre management team.
nine vietnam banks named in brand finance banking 500 infographics

Nine Vietnam banks named in Brand Finance Banking 500 (Infographics)

Vietnam's banking sector sees greatest year-on-year brand value growth at 23%, according to Brand Finance Banking 500. Nine Vietnam banks in the list increase their global brand finance ranking.
bank stocks rising on back of bright prospects

Bank stocks rising on back of bright prospects

Ending the last session of February, a series of bank stocks rose sharply, supported by the general market.
credit market share of private banks rise

Credit market share of private banks rise

Private banks have posted significant growth in credit market share in the past five years.
g20 finance chiefs to talk covid recovery aid to poor countries

G20 finance chiefs to talk Covid recovery, aid to poor countries

G20 finance ministers and central bankers will gather for a video conference led by Italy Friday, hoping to align plans for relaunching the global economy after the coronavirus pandemic and to limit harm to the worst-off nations shut out of the race for vaccines.
nine vietnamese banks increase global brand finance ranking

Nine Vietnamese banks increase global brand finance ranking

There are nine Vietnamese banks on the Brand Finance Banking 500 list, including Agribank, Vietcombank, VietinBank, VPBank, BIDV, Techcombank, Military Bank (MB), Sacombank, and ACB.
ex standing deputy minister of industry and trade appointed as chairman of vietbank

Ex-Standing Deputy Minister of Industry and Trade appointed as chairman of Vietbank

The Board of Directors of VietBank has just decided to appoint Bui Xuan Khu as vice chairman to replace Duong Ngoc Hoa from February 23.
korean investors join metro line 5

Korean investors join Metro Line 5

Export-Import Bank of Korea (Kexim Bank) proposed investing in phase 2 of Metro Line 5 under the form of public-private partnership (PPP).
vietnams growth outlook to depend on authorities response to new outbreak wb

Vietnam’s growth outlook to depend on authorities’ response to new outbreak: WB

Vietnam’s growth prospects will depend on how well and how quickly the authorities will bring the new coronavirus outbreak under control and how quickly international and national vaccinations will proceed, according to the World Bank (WB).
banks set ambitious profit targets in 2021 despite covid 19

Banks set ambitious profit targets in 2021 despite COVID-19

Many banks have set high profit targets for the new year despite COVID-19 complexities.
global banking leaders targeting growth in se asia

Global banking leaders targeting growth in SE Asia

International banks are proactively deploying more resources in Southeast Asia, especially in Vietnam, with the emerging regional economy representing high potential for them.