24-04-2013 16:57
Banks are not optimistic on projecting their year-plan profits as the current economic situation remains uncertain for the finance industry.
24-04-2013 15:52
Vietnam's economy is facing challenges that are being scrutinised by International Monetary Fund (IMF), which has urged the State Bank to simplify it monetary policy and rely more on market-based instruments.
16-04-2013 11:19
TienPhongBank is in better financial health following a restructuring process.
26-03-2013 15:02
Saigon Commercial Bank, one year after the merge, now has better liquidity and improved payment ability, statement from State Bank released last week.
25-03-2013 11:43
Banks are continuing to sit on a pile cash with few firms ready to talk business.
25-03-2013 11:18
The State Bank might consider dividing banking system credit groups this year, but the growth cap might be unnecessary given soft credit growth.
14-03-2013 15:26
Although banks are continuing to reduce lending rates and offer more preferential credit packages, the sluggish loan market continues to hobble the banking system.
13-03-2013 16:54
The State Bank last week stepped in to calm a fluctuating foreign exchange market by reducing the selling price of USD on the interbank market.
04-03-2013 14:51
Two prominent banks, Vietnam’s BIDV and Eastern Europe’s IIB, have signed comprehensive cooperative agreement in many business activities, especially credit and syndicated loan.
26-02-2013 15:46
Bad loans and other losses from banking activities produced a dramatic decline in performance for Vietnam’s banking system.
26-02-2013 15:37
After the Tet holiday, a fluctuating foreign exchange rate has raised business community concerns.
04-02-2013 17:06
The price of gold in Vietnam, long coveted here as a hedge against economic uncertainty, remains substantially higher than the international price, even though the State Bank now exerts control on the trading of gold bars.
29-01-2013 10:28
The State Bank last week released a new circular stipulating stricter requirements on the classification of non-performing loans.
25-01-2013 00:00
BIDV on signed an agreement with the Ministry of Transport to widen the nation’s main arterial route.
22-01-2013 10:24
The debt market might become more active, helping resolving the non-performing loan problem following a government resolution designed to ease difficulties for businesses.