08-12-2023 15:36
Vietnam’s GDP growth accelerated further to 5.33 per cent on-year in the third quarter (Q3), from 4.14 per cent in Q2. This was due to improvements in trade, manufacturing, and domestic activities, after an underperforming first half of 2023, according to the United Overseas Bank (UOB).
08-12-2023 11:00
With the pace of economic activities on the mend and inflation rates already easing below the target level, the State Bank of Vietnam (SBV) will maintain its refinancing rate at the current level of 4.5 per cent to support economic recovery, the United Overseas Bank (UOB) said in a report.
08-12-2023 10:02
Standard Chartered has inked a Master of Agreement with the Bank for Investment and Development of Vietnam (BIDV), committing to a sustainable trade loan of up to $100 million.
07-12-2023 16:56
Prime Minister Pham Minh Chinh on December 7 chaired a conference to seek measures to remove difficulties in credit for production and business activities, aiming to promote growth and macro-economic stability.
06-12-2023 09:33
GuarantCo and Standard Chartered have signed a MoU announcing the intention to develop a climate-focused deal framework that aims to increase funding opportunities in Vietnam and accelerate climate action.
06-12-2023 09:30
Green finance is crucial for Vietnam’s sustainable urban and construction development. To encourage it, banks are considering regulatory support to boost green financing.
05-12-2023 12:39
At a VIR seminar on December 4, in collaboration with the Vietnam Bank for Agriculture and Rural Development (Agribank), key stakeholders congregated to discuss Lighting the Path for Green Financing. The forum signified a critical juncture in Vietnam's path towards sustainable development and emphasised green economic growth.
05-12-2023 12:37
At the forefront of Vietnam's green finance revolution, Agribank has reported a substantial green credit portfolio of approximately $510 million as of October 31. This revelation came from Phung Thi Binh, deputy general director of Agribank, during the Lighting the Path for Green Financing seminar held by VIR on December 4.
04-12-2023 16:53
'Green credit' refers to the kinds of loans provided by banks for projects that are considered environmentally friendly or protective of the ecosystem. Green credit is now a trend in the global banking and finance industry, and more Vietnamese banks are following suit.
04-12-2023 14:50
The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) introduced the premium Vietcombank Visa Infinite Credit Card, featuring a pair of unique and exquisite card designs, on December 1.
04-12-2023 12:30
Experts in the finance-banking sector delves into the impediments the local economy and the finance sector faces as well as recommend ways to weather the storm.
04-12-2023 11:00
The banking sector has been urged to unlock viable green finance to attract a broader investor base to facilitate its green transition.
04-12-2023 10:07
Without unified definitions of green sectors and green lists for application, banks are continuing to find it difficult to select, appraise, and supervise green credit provision.
04-12-2023 10:00
Vietnam is in the process of formulating policies to develop green finance markets. Nguyen Ba Hung, principal country economist from the Asian Development Bank in Vietnam, spoke to Thanh Tung about the opportunities and challenges of green finance development in the country, and policy recommendations.
04-12-2023 09:51
Top agricultural and rural development lender Agribank remains unwavering in pursuing its green banking strategy to contribute to the sustainable development of Vietnam.