debt recovery methods to be cleaned up

Debt recovery methods to be cleaned up

Commercial banks in Vietnam are grappling with rising loans and regulatory gaps, especially concerning debt recovery and managing real estate collateral, and highlighting the urgent need for clearer guidance on land use and leasing.
unlocking capital flows in the final quarter

Unlocking capital flows in the final quarter

Bank representatives have emphasised the urgent need to unlock capital flows in the corporate bond market during the final quarter of the year.
unlocking digitalisation potential in banking sector

Unlocking digitalisation potential in banking sector

While 5G commercialisation is expected to open more opportunities for the banking sector, various issues remain. Nguyen Quoc Hung, vice chairman of the Vietnam Banks Association, spoke with VIR’s Minh Anh about the current driving forces.
vietnamese banks aim to become among top 100 in asia

Vietnamese banks aim to become among top 100 in Asia

Credit capacity, low interest rates, and comprehensive digital transformation are key areas that Vietnam's commercial banking system must focus on to break into Asia's top 100 banks.
pm urges banks to boost credit in wake of typhoon

PM urges banks to boost credit in wake of typhoon

A meeting between the government and 13 commercial joint-stock banks was chaired by Prime Minister Chinh to discuss Vietnam's socioeconomic development on September 21.
financial transparency to resolve lending bottlenecks

Financial transparency to resolve lending bottlenecks

Amendments to the Independent Auditing Law by the Ministry of Finance are poised to create more transparency in financial reports, helping to attract more foreign investors to Vietnamese businesses and alleviate the lending burden on banks.
optimising data management in banking sector for greater success

Optimising data management in banking sector for greater success

Experts and leaders concur that banks adopting the latest trends and integrating them into their data management practices will boost their competitive edge and achieve sustainable growth amid a progressively complex digital landscape.
banks required to list suspect accounts for better supervision

Banks required to list suspect accounts for better supervision

Commercial banks must provide information on accounts that show possible signs of fraud, swindling, or law violations at the State Bank of Vietnam (SBV) 's request every month.
banks lend significant amounts to green projects

Banks lend significant amounts to green projects

Many banks have recently poured thousands of billions of Vietnamese dong into green projects.
banks set to stimulate credit growth in last quarter

Banks set to stimulate credit growth in last quarter

Banks are developing favourable credit schemes for the manufacturing and business sectors, while relaxing lending standards across all customer groups and the majority of loan sectors in the last quarter of the year.
banks scaling up support in aftermath of typhoon yagi

Banks scaling up support in aftermath of Typhoon Yagi

Banks across the country have proactively introduced flexible support schemes to assist individuals and businesses severely impacted by Typhoon Yagi.
banks change investment portfolios for higher efficiency in h1

Banks change investment portfolios for higher efficiency in H1

Banking consultant Le Hoai An, founder of Integrated Financial Solutions JSC, spoke with VIR’s Hong Dung about what banks were doing with their investment portfolios to optimise business efficiency in the first half of 2024.
lenders seek regulations to disburse green finance

Lenders seek regulations to disburse green finance

Many banks are increasing their focus on implementing green finance packages, but unlocking these promising capital sources still requires suitable mechanisms.
sbv orders debt relief and lending support following typhoon yagi

SBV orders debt relief and lending support following Typhoon Yagi

The State Bank of Vietnam (SBV) has instructed credit institutions to consider offering interest rate reductions, debt restructuring, and new lending support for borrowers impacted by Typhoon Yagi.
sbv offers fresh catalyst for growth

SBV offers fresh catalyst for growth

The State Bank of Vietnam’s efforts to lower interbank interest rates and increase credit limits for banks will provide additional momentum for growth, with economic recovery pace being crucial to sustaining credit demand.