04-01-2023 18:05
Overall growth momentum is likely to moderate further this year, as policy tightening from major central banks weighs on external demand. With that, UOB has kept its 2023 GDP growth forecast at 6.6 per cent.
04-01-2023 16:20
With a dim outlook for the banking industry, most securities firms forecast that banks will post conservative profit growth in 2023.
02-01-2023 22:12
Russia's military campaign in Ukraine, central banks raising interest rates, the global population reaching 8 billion, and the World Cup in Qatar are among the top stand-out international events in 2022.
30-12-2022 18:00
Many real estate businesses are concerned about the feasibility of approaching loans despite the State Bank of Vietnam increasing the credit room, simultaneously requiring commercial banks to reduce payable interest.
30-12-2022 12:27
Impacted by a number of factors, banking activities slowed down in the fourth quarter of 2022, causing speculation over local banks’ profits.
30-12-2022 12:09
The Vietnamese banking system has had to contend with a myriad of internal and external factors in 2022. Andrew Jeffries, country director of the Asian Development Bank in Vietnam, told VIR’s Hong Dung about the current liquidity situation and explained how businesses can access loans from major financial institutions.
29-12-2022 15:00
While businesses are thirsty for capital, removing legal obstacles is now essential to enable the confidence of businesses, commercial banks, and local authorities to unlock resources for growth and production.
28-12-2022 18:44
During the recent ceremony to recognise the 'Top 50 Most Effective Business Companies in Vietnam in 2022,' eight banks with outstanding business performance and sustainable growth rates were named: VIB, Vietcombank, ACB, MB, VPBank, Techcombank, TPBank and SHB.
19-12-2022 10:21
Personal finance management is highly important to all. David Jimenez Maireles, deputy CEO of TNEX, the first digital-only bank in Vietnam honoured in the Global Top 100 Digital Banks 2022 by The Asian Banker, explained to Hong Thuy why expertise for this and digital banks are instrumental to promoting sustainable economic development.
16-12-2022 16:53
The commercial banking sector is rapidly evolving through digitalisation. Nguyen Ngoc Hoang, director and digital innovation lead for KPMG in Vietnam, looks at what the future of the commercial banking landscape looks like, and what commercial banks should do to stay competitive.
16-12-2022 12:16
Around the world, central banks are increasingly worried about climate change. Rising temperatures, lengthy droughts, weather disasters and high sea levels have deep economic and financial consequences. Pierre Monnin, senior fellow and Patrick Lenain, senior associate of the Council on Economic Policies, share their view on what the State Bank of Vietnam can do to limit those risks.
07-12-2022 09:36
Although banking profits are expected to grow slower in Q4/2022 and in the first half of 2023, experts still have an optimistic outlook on bank stocks in the short term.
06-12-2022 21:00
The State Bank of Vietnam has raised the domestic banking system’s credit growth by 1.5-2.0 percentage points from the previous 14 per cent limit on December 5.
02-12-2022 17:42
Banks continue to increase their deposit rates to relieve liquidity constraints at year-end.
02-12-2022 13:04
The recent decline in net interest margin of commercial banks has been deemed not as significant as anticipated, with some smaller-scale banks showing improvements on the issue.