value of us trade ties too important

Value of US trade ties too important

The United States has initiated a probe into Vietnam’s trade practices, a move that is experiencing some pushback from the American Chamber of Commerce (AmCham) in Vietnam. Adam Sitkoff, executive director of AmCham in Hanoi, explains the situation as it stands and emphasises the continuing strong relationship between the two countries.
shb finance co operates with mastercard to issue international credit cards

SHB Finance co-operates with MasterCard to issue international credit cards

 SHB Finance Co., Ltd. (SHB Finance) and MasterCard has just signed a co-operation agreement aimed to develop international credit card services in favour of SHB Finance customers.    
consumers beware of e swindlers preying on fledgling cashback apps

Consumers beware of e-swindlers preying on fledgling cashback apps

While cashback is considered a strong method to encourage cashless payments, numerous websites and apps are taking advantage of uninformed consumers with untransparent and illegal multi-level marketing models.
shb finance secured moodys stable outlook rating persistent with international practice approach

SHB Finance secured Moody’s Stable outlook rating, persistent with international practice approach

International ratings agency Moody’s has professed confidence in SHB Finance – the wholly-owned subsidiary of privately-held lender SHB – by reaffirming its long-term ratings, following a healthy performance by the company in the past months in the context of the prolonged pandemic.
lively evolution continues through foreign consumer finance presence

Lively evolution continues through foreign consumer finance presence

Despite some legal concerns, international firms are ramping up their presence to reap the benefits from Vietnam’s consumer finance sector.
a string of banks land the hsx

A string of banks land the HSX

Following recovery plans after the pandemic came under control in Vietnam, many banks have recently announced plans to move their lists to the Ho Chi Minh City Stock Exchange (HSX).
consumer finance arms reach out to attain positive growth

Consumer finance arms reach out to attain positive growth

Although a sweeping set of stringent rules and the coronavirus pandemic have dented a flourish in the lending segment, Vietnam’s consumer finance market still appears lucrative, enticing many overseas investors.
shb to get strategic partners on board at consumer finance arm

SHB to get strategic partners on board at consumer finance arm

SHB plans to sell part of SHB Finance to foreign strategic partners and will put this proposal up for discussion at its annual shareholders' meeting.
banks ramp up support for customers in covid 19 time

Banks ramp up support for customers in COVID-19 time

Amidst the unpredictable developments of the COVID-19 epidemic, many banks have slashed lending rates by up to 2 per cent per year to help customers mitigate the implications on their lives and business.    
more than 23 million shb stocks exchange hands

More than 23 million SHB stocks exchange hands

Foreign investors sold 23.59 million SHB stocks worth millions of US dollars in the session of March 5.
lenders at odds with supporting strategies

Lenders at odds with supporting strategies

While Vietnamese lenders have stepped up their support for the virus-hit economy by reducing lending rates or offering relief measures, foreign banks are adopting a wait-and-see approach.
smedf loan assistance to raise smes on par with global competitors

SMEDF loan assistance to raise SMEs on par with global competitors

The assistance of the Small- and Medium-sized Enterprise Development Fund (SMEDF) will help SMEs to improve technology and strengthen linkages with global value chains.
partnership with shb expected to aid for amazon in vietnam

Partnership with SHB expected to aid for Amazon in Vietnam

As the stock of local bank SHB has been flying low, the recent co-operation between the bank and Amazon is expected to live up to the US giant's plans of accelerating cross-border e-commerce in Vietnam.
moodys assigns first time rating for shb finance

Moody’s assigns first-time rating for SHB Finance

Moody’s Investors Services on August 5 assigned a first-time long-term issuer rating of B3 to SHB Finance Co., Ltd., with stable entity-level rating outlook.
shb finance succeeds with issuances of certificates of deposit

SHB Finance succeeds with issuances of certificates of deposit

Fledging SHB Finance Co., Ltd. has successfully completed the issuance of the fourth tranche of certificates of deposits (CDs) with the total value of VND300 billion ($12.8 million) which was conducted through the book building process.