horea proposes extension of repayment schedules for businesses

HoREA proposes extension of repayment schedules for businesses

The Ho Chi Minh City Real Estate Association (HoREA) suggests permitting enterprises with secured assets to receive loans from banks to repay bondholders.
vietnamese banks urged to embrace green financing

Vietnamese banks urged to embrace green financing

Green growth and sustainable development have become a new trend in the banking sector. Bruce Delteil, managing partner of McKinsey & Company Vietnam, shares his views on how Vietnamese banks can take advantage of the opportunities in these areas.
banks expanding share over borders

Banks expanding share over borders

Several Vietnamese lenders are tapping into other dynamic economies and aiding Vietnamese enterprises operating in cross-border trading activities.
banks continue with consolidation game

Banks continue with consolidation game

Activities pertaining to mergers and acquisitions across Vietnam’s banking system are expected to be robust in the foreseeable future as foreign strategic partners remain eager to broaden their influence.
agribank going from strength to strength

Agribank going from strength to strength

After 35 years in business, Agribank still maintains its position as one of the leading banks in Vietnam, with its unique place among Vietnam's rural communities.
tech advancement to boost bank prospects

Tech advancement to boost bank prospects

Only banks with a knack for technology may be willing to shift towards sustainable development in an efficient manner, industry leaders say.
5 billion credit package authorised for the real estate sector

$5 billion credit package authorised for the real estate sector

A new government resolution has tasked the State Bank of Vietnam (SBV) with overseeing the execution of a $5 billion lending scheme and coordinating with commercial banks to ease the burdens in the property sector and promote development.
just the beginning for real estate sector restructuring

Just the beginning for real estate sector restructuring

More than $52 billion is due to banks and bondholders from real estate groups in the Vietnamese market. VIR’s Bich Ngoc spoke with Xavier Jean, senior director of Corporate Ratings at S&P Global Ratings, on the possible path the government and enterprises can take.
stable lenders to lead to interest in stocks

Stable lenders to lead to interest in stocks

Identifying the risk factors of the banking system can open up prospects to invest in banking stocks this year, industry experts are saying, while banks themselves are urged to take provisioning activities into consideration.
study reveals vietnams banks need more women in leadership roles

Study reveals Vietnam’s banks need more women in leadership roles

While women make up 60 per cent of the entry-level workforce in Vietnam’s banks, less than a third make it to senior management positions, according to a new study by the International Finance Corporation (IFC) in partnership with the State Bank of Vietnam (SBV).
real estate bailout eyes credit recovery

Real estate bailout eyes credit recovery

The Vietnamese government and banks have developed a strategy to improve the credit status of Vietnamese real estate businesses by offering a $5 billion loan package.
exchange rate spike not deemed an imminent threat

Exchange rate spike not deemed an imminent threat

The USD exchange rate on the morning of February 24 on the free market and banks both increased sharply compared to the previous session, exceeding the threshold of VND24,000.
cross border funds required to advance banking expansion

Cross-border funds required to advance banking expansion

A slew of Vietnamese banks and securities firms are searching for international financing sources in an effort to expand operations.
real estate bailout perilous for system

Real estate bailout “perilous” for system

As more than $52 billion is due to banks and bondholders from real estate corporations, not to mention the requirement for additional loans, experts say a purge in the real estate market is unavoidable.
vietnamese banks perform well with brand value growth of 313 per cent

Vietnamese banks perform well with brand value growth of 31.3 per cent

Vietnamese banking brands have posted an overall growth of 31.3 per cent in brand value, amounting over $2 billion compared to their 2022 positions. This is according to Brand Finance’s Banking 500 2023 report, which ranks the world’s top 500 most valuable and strongest brands in the banking industry.