18-01-2024 11:09
On January 18, the Asian Development Bank (ADB) and British International Investment (BII), the UK's development finance institution and impact investor, announced a new partnership to finance up to $100 million of green trade transactions in South and Southeast Asia, beginning in Vietnam.
18-01-2024 10:05
A new strategic regulatory reform by Vietnam’s central bank aims to balance risk management with robust credit expansion, particularly in sectors pivotal to the country’s economic growth.
18-01-2024 09:59
Data from the State Bank of Vietnam showed that after a 5.5 per cent increase in money supply in 2022, there was a 13 per cent increase last year. Le Hoai An, a banking consultant and trainer at Integrated Financial Solutions, talked to VIR’s Hong Dung about the current money supply and velocity.
16-01-2024 17:06
On January 12, the World Bank Board of Directors approved the Binh DuongWater Environment Improvement Project, which will focus on water quality and wastewater treatment for over half a million residents in southern Vietnam.
16-01-2024 15:04
Global political and economic uncertainties will persist in 2024, but as governments find a more common voice, it is expected that the banking and financial panorama will become brighter.
16-01-2024 09:36
With a recovering economy in 2023, Vietnam has earned upbeat growth projections from international organisations for this year.
16-01-2024 09:32
To support quality of life and business activities in the first six months of this year, and to contribute to giving customers a brilliant start to 2024, Bac A Commercial Joint-Stock Bank (BAC A BANK) has launched personal credit programme incentives named “Convenient loans and financial stability.” This scheme has flexible terms for loan durations and is suitable for diverse capital use purposes.
15-01-2024 18:45
Experts forecast a more moderate exchange rate movement in 2024 despite current stormy conditions.
15-01-2024 15:59
Outstanding credit of the banking system is forecast to increase 4.4 per cent in the first quarter and 14.2 per cent in 2024, up 0.4 percentage point from the previous prediction of 13.8 per cent.
12-01-2024 15:40
Major state lender Vietcombank has just released its 2023 figures, with results across a variety of areas exceeding expectation. The Hanoi-headquartered bank saw $59.5 billion in deposit volume, up over 12 per cent on-year, and outstanding balances amounting to $53.58 billion, showing a 10.6 per cent jump on-year.
10-01-2024 14:15
Vietnam is one of the priority markets for the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) to expand sales and outsource production in ASEAN, according to a research report released by the Hong Kong Trade Development Council (HKTDC) and United Overseas Bank (UOB) on January 9.
10-01-2024 14:14
On January 10, Be Group, owner and operator of the multiservice consumer platform Be, announced a substantial investment from VPBank Securities JSC (VPBankS), a subsidiary of VPBank.
09-01-2024 14:55
The country is estimated to have received a rise in remittances from overseas Vietnamese people in 2023, with Ho Chi Minh City taking the lead.
09-01-2024 12:54
The State Bank of Vietnam is set to update regulations in response to market changes and global uncertainties affecting gold demand and prices.
07-01-2024 15:42
On December 4, Cathay United Bank of Taiwan (China) announced its strategic plan to penetrate Vietnam's consumer finance sector, marking an important milestone for the bank after 18 years of operations in the country.