20-02-2025 17:41
Following the Lunar New Year holiday, many banks simultaneously adjusted deposit interest rates to attract idle capital from customers, while lending rates also showed an upward trend, presenting attractive opportunities, but also significant challenges for borrowers.
18-02-2025 16:00
AI has become increasingly popular in the banking industry. Tim Evans, CEO of HSBC Vietnam, talked with VIR’s Hong Dung about how AI will drive banks forward.
18-02-2025 15:16
Vietnam’s financial and banking sector remains steadfast in its commitment to green development amid the withdrawal of numerous international financial institutions from net-zero initiatives due to concerns over political changes in the United States.
13-02-2025 17:50
Phan Duy Hung, senior analyst and director at research-focused risk assessment firm VIS Rating, scrutinises the role of credit in economic development, and suggests how Vietnam can sustain growth without relying too much on monetary policy.
13-02-2025 17:37
Many banks counted significant profits from forex business last year, but some declined or even counted losses in this segment.
12-02-2025 10:39
The banking sector is continuing to play a key role in the corporate bond market to replenish capital sources and support growth.
10-02-2025 18:16
Military Commercial Joint Stock Bank (MB) is aiming to increase its outstanding credit volume and capital mobilisation by more than 25 per cent to surpass $40 billion by the end of this year. The bank is also targeting a maximum bad debt ratio of 1.7 per cent along with a bad debt coverage ratio of over 100 per cent
21-01-2025 16:33
Encouraging economic development through the banking system by boosting credit growth has been a consistent directive from the government and the State Bank of Vietnam (SBV) in recent times. Phung Thi Binh, deputy general director of Agribank – one of Vietnam's leading state-owned banks – spoke with VIR’s Hong Dung about this issue.
21-01-2025 15:46
Pham Hong Hai, CEO of OCB, spoke to VIR’s Hong Dung about the difficulties those in banking face in making the right decisions.
20-01-2025 09:30
Foreign banks and investors are projected to deepen their foothold in Vietnam’s consumer credit market, driven by low penetration rates compared to the region, favourable policies, and the evolving attitudes of a new generation of borrowers.
16-01-2025 19:00
Amid the strengthening dollar on international markets and USD/VND exchange rates at banks hovering near the upper allowable limit, the State Bank of Vietnam is projected to raise regulatory interest rates to alleviate pressure on foreign reserves.
15-01-2025 13:00
Foreign banks operating in Vietnam must complete the biometric verification requirement for transferring funds to personal accounts, with all banks aiming to make verification mandatory for corporate clients this year.
15-01-2025 10:57
PVcomBank has transformed to become one of Vietnam's largest digital banks, delivering outstanding customer experiences.
09-01-2025 11:08
Banks in Vietnam are trying to attract customers with a variety of promotions at the start of the year.
07-01-2025 10:40
Ho Chi Minh City Finance and Investment State Owned Company (HFIC) and nine banks held a cooperation agreement signing ceremony on January 6 in Ho Chi Minh City to mobilise and promote investment capital for key socioeconomic infrastructure development projects.