loan interest rates move slower than deposit rates

Loan interest rates move slower than deposit rates

Amid concerns that the strong push for higher deposit rates by banks will lead to an increase in interest rates, Tran Ngoc Bau, CEO of WiGroup Data and Financial Technology JSC, spoke with VIR’s Nhue Man about expectations for the market.
direct impact of exchange rates on business operations

Direct impact of exchange rates on business operations

Policies are in place to help ensure stability in terms of exchange rates. Duong Bui, FX Trading Associate director for Markets & Securities Services at HSBC Vietnam, shared with VIR’s Nhue Man how upcoming exchange rate fluctuations may affect import-export businesses.
euro investment takes on green hue

Euro investment takes on green hue

European companies increasingly beef up their manufacturing facilities in Vietnam with a focus on green production capacity.
tastes of vietnam from national brand to the worlds kitchen

Tastes of Vietnam from national brand to the ‘world’s kitchen’

Enhancing the nation’s food culture to become a widely recognised national brand could be the fastest way to take advantage of Vietnam’s culinary gold mine.
commercial banks credit growth picture in q1 through expert lens

Commercial banks' credit growth picture in Q1 through expert lens

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.
international artists to participate in hue festival

International artists to participate in Hue Festival

Artists from eight countries will participate in the opening of the Hue Festival and Hue International Arts Festival 2024 on the evening of June 7.
hue festival 2024 to take place from june 7 12

Hue Festival 2024 to take place from June 7-12

The Hue Festival and Hue International Arts Festival 2024 will take place from June 7-12 at major tourist attractions in the central province of Thua Thien-Hue.
forecasts upbeat for banks 2024 profits

Forecasts upbeat for banks’ 2024 profits

Vietnam’s banking sector is projecting a period of robust growth and profitability, underpinned by strong first-quarter performances and optimistic forecasts for economic recovery and credit expansion.
mb secures prestigious software and it service awards

MB secures prestigious software and IT service awards

Military Commercial Joint Stock Bank (MB) has just clinched three Sao Khue Awards 2024, extending its winning streak to six consecutive years. The bank's innovative digital products - the Stellar fashion payment bracelet, the MB JCB Be The Sky card, and the mSeller sales management software - were honoured at the event.
sunwah group intensifies investment endeavours

Sunwah Group intensifies investment endeavours

National Assembly Chairman Vuong Dinh Hue had a private meeting with Jonathan Choi, chairman of Sunwah Group on April 12 as part of his official visit to China.
shanghai to boost trade with vietnam

Shanghai to boost trade with Vietnam

During his visit to China on April 11, Vietnamese National Assembly Chairman Vuong Dinh Hue, along with a high-level delegation, toured the Shanghai Free Trade Zone (SHFTZ) and engaged in discussions with the leadership of the Shanghai People's Congress and the city authorities.
banks eye charter increase

Banks eye charter increase

Vietnam’s banks are to set out ambitious plans to raise charter capital this year.
thua thien hue grants investment certificates worth over 365 million

Thua Thien-Hue grants investment certificates worth over $365 million

The central province of Thua Thien-Hue has issued investment certificates to 11 projects and documents approving investment plans for 10 projects.
banks and mutual fund market partners in growth

Banks and mutual fund market: partners in growth

In recent years, a strong transformation has been witnessed with commercial banks in developing wealth management and investment advisory services. Le Hoai An, a banking consultant and trainer at Integrated Financial Solutions, talked to VIR’s Nhue Man about the mutual fund market in Vietnam.
regaining trust essential to bolster growth of credit

Regaining trust essential to bolster growth of credit

Some banks are at times reluctant to lend, regardless of their financial standing. Tran Ngoc Bau, CEO of WiGroup, a major provider of economic data and fintech solutions, talked to VIR’s Nhue Man about credit bottlenecks in the current context and how to boost credit growth in a healthy manner.