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Hanoi's credit growth surges in first seven months
30-07-2024 16:45
Promising credit growth in Hanoi over the first seven months is expected to continue in the second half of the year as access to loans for individuals and businesses improving.
Financial management training should start in schools
30-07-2024 16:26
Teaching young people about wealth management while they are still in school would lead to a more financially sound future in Vietnam.
Choice grows for Vietnam’s investors
29-07-2024 20:00
Investors are looking for opportunities in both traditional and more modern areas. Trinh Ha, a financial market analyst from Exness Investment Bank, talked to VIR’s Thy Nguyet about some of the options available.
Securities firms deliver mixed outcomes
26-07-2024 20:08
Securities firms witnessed mixed performance in the year to date, with some even counting losses.
Vietnam accelerating towards a cashless society
26-07-2024 17:22
For the first time, the Vietnamese legal framework formally defines electronic money. Under Decree No.52/2024/ND-CP, electronic money is “the value of Vietnamese currency co-stored on electronic means provided on a reciprocal basis with the amount prepaid by customers to banks, foreign bank branches, and intermediary payment service providers providing e-wallet services.” This definition establishes electronic money as a digital form of Vietnam’s legal currency.
The driving forces for gold price surge
25-07-2024 17:02
Gold is still a promising investment channel that brings positive profits. Trinh Ha, a financial market analyst from Exness Investment Bank, explores the potential long-term gains for gold.
Gelex and Bamboo Capital hold significant stakes in Eximbank
24-07-2024 19:26
Gelex Group and Bamboo Capital Group have been revealed to hold the largest stakes in Eximbank, following the release of a list of the bank's major shareholders on July 24.
Divestments point to lenders’ long-term strategic thinking
24-07-2024 19:00
Some organisations are accelerating divestment in Vietnam’s banks, reflecting a broader trend of strategic capital management and shareholder restructuring.
Foreign banks committing to considerable loans
24-07-2024 16:00
International banks are demonstrating growing interest in Vietnam, committing substantial investments and loans to support the country’s development and economic growth.
Bank system forecast to overcome pressure
24-07-2024 13:00
The banking system in the second half of the year is projected to overcome inflationary pressures and support credit growth due to the combined effects of supportive factors.
Adjustments may be necessary for near-term gains
24-07-2024 11:05
Financial institutions are generally cautious about Vietnam’s economy in the near term, but expect a clearer recovery later this year. CEO of Standard Chartered Bank (Vietnam) Michele Wee spoke with VIR’s Hong Dung about concerns on Vietnam’s monetary policy.
Vietnam’s H1 economic growth quite impressive: ADB Country Director
23-07-2024 10:43
Country Director of the Asian Development Bank (ADB) for Vietnam Shantanu Chakraborty has expressed his impression of the Southeast Asian nation’s economic growth of 6.4 per cent in the first half of this year.
Several Vietnamese banks agree to finance EV purchases
22-07-2024 19:58
A Chinese electric vehicle manufacturer has agreed a deal with several Vietnamese banks to provide favourable financing solutions for customers purchasing its automobiles across Vietnam.
VBSP to focus on credit growth targets
22-07-2024 18:10
The Vietnam Bank for Social Policies, (VBSP), has ensured the safe and efficient implementation of all tasks assigned by the Party and state in the first six months of this year.
Techcombank makes history with third 'Best Bank' award
22-07-2024 14:00
Techcombank has been awarded the title of 'Best Bank in Vietnam' by the three top international finance publications in 2024. The bank has received plaudits from Euromoney, FinanceAsia, and Global Finance, becoming the only Vietnamese bank to ever win all three prestigious awards in the same year.
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