28-08-2021 21:44
As the market is witnessing adjustments in the rate of ownership for foreign investors in banks, analysts say that it depends on the strategy and business plan of each bank from time to time.
25-08-2021 21:59
The State Bank of Vietnam will reinforce monitoring of commercial banks’ execution of their obligations in relief measures based on the outcomes of rates and charge cuts – but banks are trying to optimise their efficiency by tapping into non-interest income expansion.
25-08-2021 21:07
The pandemic has forced many businesses to suspend their production and suffer from sales dips and financial hardships. Pham Nhu Anh, member of the Board of Management at Military Commercial JSB sat down with VIR’s Thu Huong and discussed how the bank leverages its tremendous network and finances to help affected customers to ride out the bumps.
24-08-2021 11:51
Around 300 banks branches and transaction offices in Ho Chi Minh City have to close as a result of ongoing pandemic and the city tightened restrictions to cope the number of infections and deaths.
24-08-2021 11:29
Nearly 2,000 exporters and importers in Vietnam have benefitted from the trade financing of the International Finance Corporation (IFC) over the past fiscal year.
19-08-2021 10:00
Despite the government coming to the aid of banks and vulnerable businesses in the past year, the latest COVID-19 wave has rendered some debt restructuring and payment scheduling by the country’s central bank less effective than expected.
17-08-2021 07:57
Shares extended last week's gains, propped up by strong money flows in banks and securities companies, but foreign traders continued to sell, posing risks to the market in the short term.
13-08-2021 08:00
Fuelled by generous amounts of venture capital, Vietnam’s fintech landscape is flying high on Singaporean investors’ agenda, promising to offer more innovative customer value propositions than traditional banks.
12-08-2021 14:00
Capital injection from international and local lenders is envisaged to help boost green-driven, sustainable and high-value agricultural models, as well as bridge the gap for the climate-finance market which is still at the nascent stage in Vietnam.
11-08-2021 16:56
Four state-owned commercial banks in Vietnam have revealed their upbeat business performance and are fully committed to deploying all resources possible to ease the current economic stress, thereby reflecting their influence on the country’s financial landscape.
03-08-2021 13:05
The State Bank of Vietnam has directed credit institutions and foreign bank branches to slash transaction fees to provide COVID-19 relief for customers.
02-08-2021 15:27
With Industry 4.0 having a substantial impact on all aspects of the economy and social life, banks are forced to evolve at exponential speed to meet consumers’ needs. Vu Thanh Minh and Nguyen Dieu Linh, lawyers at LNT & Partners, write about digital transformation in the banking industry, and the future trends.
31-07-2021 12:02
Shares concluded the week in the green, marking a full-week growth after three consecutive falling weeks, propped up by banks and realty stocks.
30-07-2021 13:46
Despite the unexpected turbulence from public health challenges, privately-held commercial banks in Vietnam are enjoying stellar profit bonanzas thanks to their full suite of minted financial services, alongside cost-effective drives and debt rescheduling roadmaps.
27-07-2021 16:13
On July 26, SSI Securities JSC (HSX: SSI) announced a new $100 million unsecured syndicated loan package from a group of leading financial institutions from Taiwan.