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Search Results: 2,204 results for keyword "banks".
Firm grasp of rules crucial in handling customer info
29-08-2022 08:00
The State Bank of Vietnam has issued a formal request to credit institutions and foreign bank branches for cooperation and information sharing with tax administration organisations. Le Khanh Lam, tax partner at RSM, discussed with VIR’s Le Luu how banks and tax agencies can harmonise the fresh legislation, and how barriers can be overcome without compromising customers’ rights.
The importance of mutual respect and face-to-face talks for strategies in M&A
24-08-2022 18:00
The Vietnamese government is now working to reorganise weak financial institutions, as well as implement equitisation of state-owned banks. Yoshizawa Toshiki, board member at Orient Commercial Joint Stock Bank, told VIR’s Luu Huong how the wave of tie-up deals could expand significantly if local authorities could lift the foreign ownership limit.
Weaker banks on radar of major lenders
24-08-2022 16:00
The prospect for bank mergers and acquisitions in Vietnam is accelerating, notably the purchase of struggling credit institutions for the sake of reorganisation.
Banks acknowledge women’s changing role in business
24-08-2022 09:33
Financial institutions are looking to bridge the gender gap, with women all across the globe facing financial discrimination and suffering from less access to capital than their male counterparts.
Finance ministry sets targets for banking system
23-08-2022 23:14
The Ministry of Finance (MoF) has issued targets for restructuring banks in a bid to bolster the strength of Vietnam’s financial sector.
Which banks are in the top publicly listed companies in Vietnam in 2022?
22-08-2022 16:22
Seven commercial joint stock banks, namely Vietcombank, VietinBank, BIDV, VIB, ACB, MB, and TPBank, are among the top 50 listed companies in Vietnam.
Banks should tighten assessment control of their corporate bonds investments: experts
18-08-2022 20:48
Banks must tighten their assessment control of corporate bond investments to avoid excessive risk and the misuse of funds raised by firms, experts said.
Hanoi connects commercial banks with local businesses
16-08-2022 12:32
More than 100 businesses and 43 investors of industrial clusters and nearly 20 commercial banks participated in a conference on August 15 to connect local firms of Hanoi with commercial banks and the Hanoi Development Investment Fund (HANIF).
Squeeze in allotted credit room for commercial banks
10-08-2022 10:56
The rapid expansion of credit and lending activities in the first few months of this year have prompted commercial banks to run out of credit lines, which had been temporarily allotted by the State Bank of Vietnam at the start of the year.
Localisation favoured by overseas banks
10-08-2022 10:16
Vietnam’s banking and finance sector is witnessing an uptick in foreign banks’ presence despite global economic headwinds.
Tightening management of virtual currencies to prevent money laundering: SBV
04-08-2022 15:54
The State Bank of Vietnam (SBV) has given timely instructions to banks in order to prevent risks and acts that take advantage of virtual currencies in transactions, Deputy Governor Dao Minh Tu has said.
Banks raise charter capital for new growth stage
25-07-2022 20:03
A slew of local and foreign banks are increasing charter capital to prepare for the new growth phase of the banking industry and the economy.
The subtle art of choosing a foreign exchange broker
18-07-2022 10:00
The forex market is the most liquid market in the world, with approximately $5 trillion traded per day. Tong Quoc Dat, senior market strategist from Exness, explains how to choose a forex broker and why the major banks are active in this arena.
Finance firms club together
18-07-2022 07:00
A centralised database for financial institutions could safeguard the interests of their clients and other legitimate third parties, as the consumer finance industry looks towards solid growth and an upbeat economic outlook.
Banks deliver upbeat first-half performance
13-07-2022 18:57
A raft of banks has released their second-quarter and first-half financial reports, rendering a rosy profit picture during the period, rooted in positive credit growth.
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