thriving online lending carries potential risks

Thriving online lending carries potential risks

Along with the development of digital technology, online lending is getting more popular by inducing numerous benefits for both borrowers and lenders. However, it also contains some possible risks that all should be wary of. 
expert warns over possible increase in usd exchange rate

Expert warns over possible increase in USD exchange rate

After the Federal Reserve (Fed) raised the USD interest rate, the domestic exchange rate did not significantly fluctuate. However, when talking with VIR’s Thuy Lien, economist Dr Can Van Luc said that there may be some pressure on the USD exchange rate at the end of 2017.
experts call to raise usd deposit rate

Experts call to raise USD deposit rate

The policy of zero interest rate on USD deposits is showing some shortcomings and the State Bank of Vietnam (SBV) may need to increase it, especially in light of certain pressures on the VND/USD exchange rate.
smaller banks overtake giants in profit growth

Smaller banks overtake giants in profit growth

Although commercial banks have yet to release their financial reports for the second quarter of 2017, many of them revealed their operating results in the first five or six months of 2017. Accordingly, some small and medium-scale banks overtook the giants of the Vietnamese banking industry in terms of profit growth.
real estate lending disguised as consumer lending

Real estate lending disguised as consumer lending

The increasing interest rates on house buying and housing repair loans at commercial banks raise worries about the liquidity of the Vietnamese economy.
vietnamese banks drawing closer to japanese partners

Vietnamese banks drawing closer to Japanese partners

Japanese banks that have previously invested in Vietnamese banks are considering increasing the stakes, while others are looking for ways to join the budding Vietnamese market.
korean banks expand in vietnam

Korean banks expand in Vietnam

Following Shinhan Vietnam’s successful acquisition of ANZ Vietnam’s retail business, fellow Korean banks have also expanded their sizes and market share in Vietnam, seizing the lead in the foreign bank race on the Vietnamese market. 
pitfalls in hi tech agricultural investment

Pitfalls in hi-tech agricultural investment

Investments into hi-tech agriculture are increasing, however, besides caring about whether they are going to enjoy cheaper capital and preferential policies, investors should make sure there is a market for hi-tech agricultural products.
investors fuel hi tech agricultural revolution

Investors fuel hi-tech agricultural revolution

Hi-tech agriculture is riding a new wave of investment in 2017, with the participation of numerous enterprises, banks, and the resolute determination from the government.
state owned banks lead in employee efficiency

State-owned banks lead in employee efficiency

Four big state-owned banks, namely Vietcombank, VietinBank, BIDV and Agribank, produce the highest profit per employee in the Vietnamese banking system.
ma in banking sector perking up for 2017

M&A in banking sector perking up for 2017

The year has only begun, but signs are pointed to an exciting time ahead for the banking sector with vigorous mergers and acquisitions (M&As) activities.
myanmar fertile but contested soil for vietnamese investment

Myanmar: fertile but contested soil for Vietnamese investment

Southeast Asia’s Myanmar has proven a fertile land with abundant opportunities for investors. However, the country’s rigorous regulations protecting domestic producers make it difficult for foreign investors to make a solid foothold.
soes struggle to divest

SOEs struggle to divest

State corporations and groups are facing mounting hardships in their efforts to pull out from banks amid an increasingly challenging business climate.
solid prospects lie in wood exports to the us

Solid prospects lie in wood exports to the US

The US is currently Vietnam’s largest export market for timber and wooden furniture, generating $2.64 billion in export value in 2015, which accounted for nearly 39 per cent of Vietnam’s total export value for this sector. Industry experts predict that this figure will double following the enforcement of the landmark Trans-Pacific Partnership Agreement.
hi tech agriculture a growing trend

Hi-tech agriculture a growing trend

Technology is regarded as the key to agricultural restructuring and the solution to tackling food security and agricultural produce quality.