japanese financial behemoths extend se asia reach

Japanese financial behemoths extend SE Asia reach

Three Japanese megabanks are doubling down on their emphasis on Vietnam’s finance and banking sector to experience rapid economic growth and leverage their investment portfolios across wider Southeast Asia.
global banking crisis is vietnam at risk

Global banking crisis: Is Vietnam at risk?

During the pandemic, commercial banks in developed economies like the United States and EU struggled to find companies that welcomed their money for investment. Even the historical low interest rates could not convince companies to invest in new projects or new technologies.
central banks in asean discuss economic priorities

Central banks in ASEAN discuss economic priorities

The ASEAN Central Bank Deputies Meeting (ACDM) took place on March 28 in Indonesia to discuss the priority economic deliverables (PEDs) in 2023.
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.