12-07-2022 16:23
Record-breaking syndicated financing for one of Vietnam’s most interesting banks tells us much about investor sentiment towards the borrower and the country.
12-07-2022 10:00
Globally, inflation has reached a record level in the past four decades due to two main factors. Firstly, central banks around the world have pumped out a big chunk of money to aid the economic rebound. For instance, Japan has pumped out a money volume equal to 58 per cent of its GDP, and the figure for the US is 30 per cent.
10-07-2022 14:54
Large banks are starting to join the deposit interest rate hike race along with small- and medium-sized banks due to rising capital demand pressure after a long time staying out of the game.
01-07-2022 16:18
The Vietnam Report JSC has recently published the list of the top 10 prestigious banks in Vietnam in 2022.
23-06-2022 11:51
Digital transformation should be considered an ongoing process for banks, in which competition and cooperation with other partners are top priorities to enhance the customer experience, according to Luu Trung Thai, vice chairman of the board and CEO of Military Commercial Joint Stock Bank (MB Bank).
10-06-2022 17:59
The development of fintech companies and the emergence of neobanks have been creating a fierce race in the banking and finance industry. FPT IS and Temenos have recently discussed optimal approaches with the banking industry's leaders about how to lead the race.
08-06-2022 18:18
Many banks have been on a charter capital hike after holding their 2022 general annual shareholder meetings (AGM) and are intensively preparing capital injections to boost their strength.
08-06-2022 11:36
Many bank clients have bought insurance through their banks (bancassurance), but they have received no support from the institutions when problems arose.
08-06-2022 09:00
The merger and acquisition outlook of Vietnamese banks, particularly acquiring faltering credit institutions to reorganise them, is picking up pace.
06-06-2022 10:53
Inspired by potter’s wheels intersecting with each other, the Centre for Vietnamese Craft Village Quintessence was built in the heart of the ancient Bat Trang pottery village in Hanoi. Spanning 3,300 square metres, the centre is some 15 kilometres from the capital’s downtown area on the banks of the Bac Hung Hai River, which runs through the city and Bac Ninh, Hung Yen, and Hai Duong provinces.
04-06-2022 15:51
As the Vietnamese authorities continue to tighten controls on potentially hazardous industries, financial institutions are beginning to place more restrictions on real estate-backed loans.
31-05-2022 12:51
Sustainability and green development has become vital across the board, including in the finance and banking sector. Harmander Mahal, head of Consumer, Private, and Business Banking for Vietnam and Asia Cluster Markets at Standard Chartered Bank highlights the bank’s activities to grow stronger and best serve customers and partners through the crafting of a sustainable product suite.
30-05-2022 10:40
Commercial banks were told to launch a 40 trillion VND support package with a 2 percent yearly rate cut for businesses in a meeting with the State Bank of Vietnam (SBV) last week.
24-05-2022 08:00
The State Bank of Vietnam (SBV) earlier this week reported on the evaluation of the execution of Resolution No.42/2017/QH14 on piloting bad debt settlement of credit organisations at the 15th National Assembly session.
23-05-2022 18:14
Though credit demand is recovering quickly, banks still have to face big challenges related to rising bad debts, provisions and deposit interest rates.