28-05-2024 08:00
Vietnam’s domestic credit card market has significant growth potential, and promoting further it will require preferential transaction fees, expanding card usage ecosystems, and enhancing electronic payment security measures.
27-05-2024 16:31
The current account savings account (CASA) ratio witnessed a significant decline in the first three months of this year, prompting banks to almost unanimously adopt technology policies and 'zero fee' initiatives to attract new customers.
27-05-2024 14:17
Biodiversity loss affects every single aspect of life, including economic activities and the financial system. This is because many economic and financial activities depend on ecosystem services which are threatened due to the unprecedented global biodiversity loss, according to a trailblazing report published by the World Bank in 2023 which investigated the biodiversity risks of the banking systems in 20 emerging markets.
24-05-2024 16:11
Eleven bidders bought 13,400 out of the 16,800 taels of SJC-branded gold bullion that the State Bank of Vietnam (SBV) offered for sale at an auction held on May 23.
24-05-2024 10:27
Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank) published its 2024 Sustainable Development Report on May 23, the first of its kind in the banking sector.
24-05-2024 07:33
International Finance Corporation (IFC), a member of the World Bank Group, has sold 84.8 million shares or an 8.2 per cent stake in ABBank, according to a planned divestment roadmap.
23-05-2024 10:45
Environmental, social, and governance (ESG) considerations have become increasingly integral to investing and corporate strategies across industries, especially the financial sector.
22-05-2024 09:00
A gold auction held by the State Bank of Vietnam (SBV) on May 21 sold 7,900 taels (70 lots) of SJC-brand gold bullion to nine different bidders.
21-05-2024 19:47
KBank, one of Thailand's leading banks, and BW Industrial Development Joint Stock Company, Vietnam's leading for-rent logistics and industrial platform, have announced a strategic financial partnership aimed at propelling the country's industrial and logistics sectors to new heights.
21-05-2024 19:35
The Vietnamese government has completed the valuation of three banks for mandatory acquisition, with plans to present the proposal for approval in May, aiming to finalise the process by the end of the year.
17-05-2024 09:51
Eleven bidders bought a total of 12,300 out of the 16,800 taels of SJC-branded gold bullion that the State Bank of Vietnam (SBV) offered for sale at an auction held on May 16.
17-05-2024 07:50
Le Hoai An, a banking consultant and trainer at Integrated Financial Solutions, talked with Hong Dung on the credit landscape in the first quarter of this year, its impacts on banking stocks' performance, and how some banks have tackled current challenges to achieve better growth.
16-05-2024 19:00
Open banking in Vietnam is evolving from traditional closed systems to a collaborative ecosystem, driven by customer demand and innovative partnerships, with forthcoming rules set to streamline standards and integration.
16-05-2024 17:13
Recent adjustments in lending terms by various banks signal a broader effort to adapt financial products to Vietnam’s evolving real estate sector.
15-05-2024 18:44
In the 2023 Climate Report, Citi provides an update on the progress the bank is making towards its net-zero commitment, how it is managing environmental risk, and details the impact of its climate strategy over the past year.