16-11-2021 20:02
11 of 13 Vietnamese commercial banks have been given permission to increase their credit lines by the State Bank of Vietnam.
12-11-2021 10:48
International financial institutions are initiating partnerships with Vietnamese banks and other businesses through financing agreements, contributing to the energy transition.
11-11-2021 21:45
The banking and financial landscape has been improving dramatically since the Fourth Industrial Revolution, especially since banks have been striving to close gaps in the digitisation of internal processes and customer offerings to remain competitive amid the COVID-19 pandemic.
10-11-2021 21:41
In the face of rising bad debt amid the ongoing COVID-19 pandemic, commercial banks have been forced to write up their loan loss provisions, according to industry sources.
08-11-2021 16:36
Digital transformation has been embedded into the DNA of banks across the globe as a prerequisite for long-term, sustainable growth. Adding to its broad set of cutting-edge banking services, digitally-led Military Commercial Joint Stock Bank (MB) has just embarked on a new journey with its new Digital Innovation Lab.
30-10-2021 23:40
To cope with the ongoing pandemic, the central banks of many nations have significantly expanded their balance sheets by using non-traditional monetary policies by increasing money for purchasing government bonds and even corporate bonds. Meanwhile, the People’s Bank of China (PBoC) has limited balance sheet expansion but used an effective monetary policy for the Chinese economy.
30-10-2021 14:25
In addition to the efforts in fighting against coronavirus, governments and their central-run banks have provided numerous policies to help people and businesses.
29-10-2021 10:32
Vietnam’s digital banking scene has experienced significant changes in recent years, with banks and fintech innovators launching an impressive array of digital tools ranging from mobile payments solutions and wealth management platforms to e-commerce systems. Some of these digital propositions have scaled rapidly, making Vietnam one of Asia-Pacific’s fastest growing markets for digital banking.
29-10-2021 08:00
New legislation is needed to secure the future of debt trading – and with prudent tweaks to the current regime, Vietnam could open up the market for retail trading on its newest platform, bringing together banks and investors.
28-10-2021 11:00
Recent loan and credit agreements among Vietnamese banks and international financial organisations are reinforcing faith in promoting long-term growth prospects in Vietnam through renowned banks.
28-10-2021 08:00
Multiple banks recorded prosperous business results in the first nine months of 2021 despite the negative impacts caused by the COVID-19 pandemic, with some even exceeding business targets for the whole year.
24-10-2021 16:02
Military Joint Stock Bank (MB) ranked fourth in the top 10 of Vietnam’s most prestigious commercial banks in 2021 in recognition of the bank's proactive response to the pandemic as well as the swift digital advancement to offer tailor-made services addressing customers' unique needs.
22-10-2021 14:00
Vietnamese banks and real estate developers are foraying into the corporate bond arena as it is offering attractive yields for their portfolio diversification strategies. Thomas Kollar, partner of law firm Mayer Brown based in Hong Kong, writes about how some major risks could result in a systemic shock for developers and lenders that want to be involved.
22-10-2021 08:00
Despite gloomy economic conditions and profound uncertainty from the quarter just ended, six privately-held commercial banks have revealed huge jumps in profit in their latest business reports.
17-10-2021 21:48
Many banks have published business reports for the first three quarters, depicting a generally bright profit picture.