japanese vietnamese cooperation in finance banking a successful marriage

Japanese, Vietnamese cooperation in finance, banking a successful marriage

Japanese enterprises in banking and finance are now the biggest foreign shareholders in Vietnamese banks, financial and financial leasing companies, and their Vietnamese partners highly regard their expertise and support.
banks appetite for real estate lending drives up interest rates

Banks’ appetite for real estate lending drives up interest rates

Banks’ favour for lending to real estate is the reason for high lending interest rates.
financial leasing companies hard pressed for foreign capital

Financial leasing companies hard-pressed for foreign capital

Up to two thirds of domestic financial leasing companies operate at a loss and are riddled with inefficiencies.
effects of the us election results on the vietnamese market

Effects of the US election results on the Vietnamese market

The recent ascension of real estate magnate Donald Trump to US Presidency casts long shadows over the global financial market. Senior financial expert Nguyen Tri Hieu shares with VIR’s Ha Tam his views on the possible impacts on Vietnam’s financial and monetary market.
hacker threat looms above finance banking sector

Hacker threat looms above finance-banking sector

The recent hacking accident at national flag carrier Vietnam Airlines rang the alarm for the local banking system, as many of its members have been keeping expenditure to modernise their Core Banking system to a minimum.
fed raising interest rate to have negligible effect on usdvnd exchange rate experts

Fed raising interest rate to have negligible effect on USD/VND exchange rate: experts

The Federal Reserve’s possible raising of the interest rate in June may not cause the USD/VND exchange rate to fluctuate too much, according to some experts.
ceiling interest rate of 20 per cent remains an open question

Ceiling interest rate of 20 per cent remains an open question

The revised Civil Code adopted by the National Assembly on November 24 clearly stated that negotiated interest rate must be controlled below 20 per cent a year.
legal clarity called for to stem tide of bad debts

Legal clarity called for to stem tide of bad debts

Without a specific set of laws ruling the handling of bad debts, both banks and the Vietnam Asset Management Company have their hands full trying to resolve a mountain of bad debts.
lending rates unable to decrease

Lending rates unable to decrease

It proves a challenging task for banks to further relax lending rates amid the slowing growth in bank deposits and the central bank’s recent adjustment of the exchange rate.
tackling bottlenecks to boost bailout package

Tackling bottlenecks to boost bailout package

The VND30 trillion ($1.4 billion) bailout package to support the real estate market has achieved little progress against the ambitious targets set at its launching.
fdi firms accused of animal feed monopoly

FDI firms accused of animal feed ‘monopoly’

The Ministry of Industry and Trade have called on domestic companies to take measures to break the dominance of foreign-invested firms over the local husbandry sector.
stepping up efforts to boost credit growth

Stepping up efforts to boost credit growth

Bank credit has grown modestly so far this year, leading industry insiders to contemplate how to further boost it.
local banks struggling to find foreign partners

Local banks struggling to find foreign partners

It appears that many foreign players are mulling alternatives to joining with local partners to bolster efficiency when it comes to mergers and acquisitions in the banking sector.
brand manager shake ups critical to reforming bad banks

Brand, manager shake ups critical to reforming bad banks

Vietnam is seeing an increasing trend of banks changing their brand identity and/or managers to bolster efficiency.
allowed listing of banks looks to be a complex but opportunity charged challenge

Allowed listing of banks looks to be a complex but opportunity-charged challenge

Efforts are underway to ensure the healthy performance of banks.