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Central bank policies will address modest slowdown
23-01-2024 11:47
The global economy currently presents a complex landscape, marked by both challenges and opportunities. From the modest slowdown in global growth to the burgeoning economic sectors in various regions, the picture is as varied as it is interconnected.
Gaps closed thanks to credit law reforms
23-01-2024 10:55
Vietnam’s revised Law on Credit Institutions introduces broad reforms aimed at enhancing banking sector governance, transparency, and efficiency.
ECB to signal no rush to cut interest rates
22-01-2024 16:36
European Central Bank policymakers are expected to keep interest rates steady on Thursday and signal they are in no hurry to start slashing borrowing costs despite progress against inflation.
US Fed official says 'premature' to expect rate cuts soon
22-01-2024 16:26
The US Federal Reserve's fight against inflation is far from over and it is "premature" to expect rate cuts around the corner, a senior US central bank official said Friday.
Wanted crypto boss Do Kwon's Terraform files for US bankruptcy
22-01-2024 14:00
South Korean entrepreneur Do Kwon's Terraform Labs, whose cryptocurrencies crashed dramatically in 2022, is seeking bankruptcy protection in the United States, according to court documents filed Sunday.
FMO proposes $15 million investment in Vietnamese shrimp producer
22-01-2024 11:09
Dutch Entrepreneurial Development Bank (FMO) is mulling a credit package of $15 million for Vietnamese shrimp producer Camimex Group JSC.
European financial group SEB eyes expansion in Vietnam
21-01-2024 09:53
SEB Group, a prominent European financial services group with a history dating back to 1856, has recently expressed significant interest in extending its business operations to the Vietnamese market.
US Fed rate cuts could come before third quarter: official
19-01-2024 16:10
The US Federal Reserve could begin cutting interest rates "sooner than the third quarter" of this year, a voting member of the central bank's rate-setting committee said Thursday.
MB and Gilimex sign strategic cooperation agreement
19-01-2024 11:51
On January 18 in Hanoi, the signing ceremony took place for a strategic cooperation agreement between Military Bank (MB) and Gilimex Industrial Park JSC (Gilimex).
Coro Energy receives finance offer from HDBank
19-01-2024 09:43
On January 18, Coro Energy PLC, a Southeast Asian energy company with a natural gas and clean energy portfolio, announced the receipt of an in principle offer from HDBank for project debt financing.
Banks get go-ahead for capital increases
18-01-2024 14:00
Many banks in Vietnam have received approval for substantial capital hikes, signalling a strategic effort to fortify the financial sector and enhance several essential ratios.
$100m risk sharing agreement to promote green trade in Asia
18-01-2024 11:09
On January 18, the Asian Development Bank (ADB) and British International Investment (BII), the UK's development finance institution and impact investor, announced a new partnership to finance up to $100 million of green trade transactions in South and Southeast Asia, beginning in Vietnam.
Lenders to benefit from refinements
18-01-2024 10:05
A new strategic regulatory reform by Vietnam’s central bank aims to balance risk management with robust credit expansion, particularly in sectors pivotal to the country’s economic growth.
A different approach for monetary policy adjustments
18-01-2024 09:59
Data from the State Bank of Vietnam showed that after a 5.5 per cent increase in money supply in 2022, there was a 13 per cent increase last year. Le Hoai An, a banking consultant and trainer at Integrated Financial Solutions, talked to VIR’s Hong Dung about the current money supply and velocity.
World Bank approves $231 million for Binh Duong Water Improvement Project
16-01-2024 17:06
On January 12, the World Bank Board of Directors approved the Binh DuongWater Environment Improvement Project, which will focus on water quality and wastewater treatment for over half a million residents in southern Vietnam.
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