21-11-2020 10:00
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.
09-11-2020 07:00
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.
04-09-2020 14:17
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.
06-08-2020 11:52
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.
18-06-2020 08:00
Despite some legal concerns, international firms are ramping up their presence to reap the benefits from Vietnam’s consumer finance sector.
16-06-2020 16:22
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).
21-05-2020 08:00
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.
11-04-2020 09:10
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.
07-04-2020 14:56
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.
09-03-2020 18:17
Foreign investors sold 23.59 million SHB stocks worth millions of US dollars in the session of March 5.
18-02-2020 15:00
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.
11-02-2020 12:16
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.
10-12-2019 13:52
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.
06-08-2019 16:06
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.
27-05-2019 08:00
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.