26-03-2024 11:37
Commercial banks are taking a firm grip on lending activities, especially for the real estate sector.
26-03-2024 10:00
Some banks are at times reluctant to lend, regardless of their financial standing. Tran Ngoc Bau, CEO of WiGroup, a major provider of economic data and fintech solutions, talked to VIR’s Nhue Man about credit bottlenecks in the current context and how to boost credit growth in a healthy manner.
22-03-2024 17:04
More than 20 banks have cut interest rates for most terms since the end of February. Few banks have increased their rates, only applying the adjustment to a few deposit terms, such as at Sacombank, BacABank, and Saigonbank.
22-03-2024 15:36
With financing from local VC firm Ascend Vietnam Ventures (AVV) and Singapore-based VC firm TNB Aura, agritech startup TechCoop Pte. Ltd. secured over $5 million in equity and debt from local banks on March 21. Ethos Ventures, South Korean impact investor MYSC, and Mandala Capital also participated in the fundraising.
22-03-2024 11:56
Vietnam will experience a breakthrough in foreign direct investment (FDI) attraction to the fields of technology, renewable energy, health, banking and real estate, according to world media.
21-03-2024 15:14
The credit rating organisation Moody's on March 20 updated the outlook for Technological and Commercial Joint Stock Bank (Techcombank) to Stable.
20-03-2024 15:13
The Japanese yen fell to a 16-year low against the euro on Wednesday as the Bank of Japan indicated that monetary policy would remain loose even after shifting out of its negative interest rate environment.
19-03-2024 15:33
Export-Import Bank of the United States (EXIM) and Vietnam Development Bank (VDB) have signed a $500 million MoU to facilitate the financing of US exports to Vietnam.
19-03-2024 10:35
Banks saw low credit growth in the first months of the year, a situation they are looking to resolves as balance sheets remain high.
19-03-2024 10:23
Many banks have announced plans for their upcoming annual shareholders' meetings (AGMs), with diverse issues such as dividend payments, capital hikes, and profit targets topping the agendas.
18-03-2024 16:39
Chairman of the People’s Committee of the Mekong Delta city of Can Tho Tran Viet Truong highlighted the potential benefits awaiting Japanese enterprises investing in the city during a working session on March 18 with a delegation of executives of Japanese banks led by Managing Executive Officer of Gunma Bank Uchibori Takeo.
18-03-2024 15:06
Vietnam’s central bank is taking swift action on interest rate movement to align with the government’s commitment towards supporting the business community.
15-03-2024 11:47
Prime Minister Phạm Minh Chính chairs the meeting to implement monetary policy management tasks in 2024, which focuses on removing difficulties for production and business to promote growth and ensure macroeconomic stability.
15-03-2024 09:50
Prime Minister Pham Minh Chinh on March 14 chaired a conference launching this year’s monetary policy-related tasks to tackle production and business obstacles, facilitate growth, and maintain macro-economic stability.
14-03-2024 16:46
Tran Xuan Bach, director of Market Strategies at Bao Viet Securities JSC, shares his mixed sentiments about the stock market's prospects for the rest of the year.