23-02-2021 12:00
International banks are proactively deploying more resources in Southeast Asia, especially in Vietnam, with the emerging regional economy representing high potential for them.
23-02-2021 11:57
International and domestic financial institutions have strengthened their charter capital to boost financial capacity and ramp up business activities in Vietnam.
23-02-2021 11:50
The number of foreign investors fleeing from their responsibilities in Vietnam is likely to increase as more businesses go bankrupt due to the stretched economic effects of the pandemic.
22-02-2021 16:35
Shares rose on Monday morning thanks to the gain of banking stocks.
20-02-2021 12:15
Major funds including Norges Bank, Vietnam Enterprise Investments Ltd., PENM III German GmbH & Co. KG are selling down their shareholdings in Hoa Phat Group.
18-02-2021 07:00
Competition among banks to lure demand deposits is becoming fiercer as the cheap capital source helps banks increase their net interest income (NIM) ratio.
12-02-2021 14:00
Over the past five years, the banking sector implemented many solutions and made important contributions to national socioeconomic development, and last year the sector’s activities helped to remove difficulties for people and businesses affected by the global health crisis. Dao Minh Tu, Deputy Governor of the State Bank of Vietnam, had an exchange with VIR’s Hong Dung to clarify the efforts of the banking sector in the past years and outline the tasks ahead.
12-02-2021 00:36
Faced with the COVID-19 crisis, Vietnam has demonstrated a high capacity to change, which goes a long way to explaining why it has managed the pandemic and its economic consequences with overall success to date.
10-02-2021 16:26
Although banks and innovative fintech technologies already benefit customers’ experience, they also come with possible cyber threats, especially as customers often do not realise the risks.
09-02-2021 16:54
AI, big data, and cloud computing are revolutionising industries around the world and banking is no different. Banks in developing economies stand to benefit the most.
08-02-2021 10:16
The Saigon Commercial Joint Stock Bank (SCB) has recently entered into a strategic cooperation deal with Kiraboshi Business Consulting Vietnam, the representative of Kiraboshi Bank of Japan.
08-02-2021 09:14
The Tan Phu (Dong Nai) – Bao Loc (Lam Dong) Expressway project with a total investment of approximately VND18.2 trillion ($791.3 million) (excluding bank interest rates) will be built in 2021-2025 under the public-private partnership (PPP) format.
06-02-2021 14:01
Due to the COVID-19 pandemic, FE Credit – Vietnam's largest consumer finance company – reported a decrease in its pre-tax profit while its non-performing loans ratio increased to 6.6 per cent in 2020.
05-02-2021 10:53
The Asian Development Bank (ADB) announced on February 1 that it has allocated 25 million USD to help the Philippine government purchase COVID-19 vaccines.
05-02-2021 09:31
While a number of banks experienced sharp increases in non-performing loans (NPLs) due to the unprecedented pandemic, some lenders have successfully kept their NPL ratios below 1 per cent.