vietnamese economy remains resilient despite weak external environment adb

Vietnamese economy remains resilient despite weak external environment: ADB

Despite the weak external environment, the Vietnamese economy remains resilient, and recovery is expected to pick up in the near term, said Asian Development Bank (ADB) Country Director for Vietnam Shantanu Chakraborty.
bac a bank issues bonds to the public

BAC A BANK issues bonds to the public

Bac A Commercial Joint-Stock Bank (BAC A BANK) is offering bonds with a total value of more than VND3 trillion ($127 million) to the public from September 25 to October 16.
bac a banks fresh links to businesses

BAC A BANK’s fresh links to businesses

BAC A BANK is offering new incentives to new and ongoing business customers, as well as continuing its safe salary payment services for employees.
soft momentum likely for q3 uob

Soft momentum likely for Q3: UOB

United Overseas Bank (UOB) maintains the full-year growth forecasts of 5.2 per cent for 2023 and 6 per cent for 2024, pencilling a projected 5.6 per cent on-year growth in Q3 this year and 7.6 per cent for Q4.
lpbank partners with temenos to drive next gen banking solutions

LPBank partners with Temenos to drive next-gen banking solutions

The Vietnam-based LPBank is bolstering its commitment to innovation by entering a strategic partnership with Temenos Group, a provider of banking solutions based in Switzerland.
agribank board member becomes new chairman of scb

Agribank board member becomes new chairman of SCB

Phan Dinh Dien, a member of Board of Directors of Agribank, has been appointed chairman of the Saigon CommercialBank (SCB) effective September 22, following a decision by the State Bank of Vietnam (SBV).
acb and dhl express form strategic partnership on green fuel

ACB and DHL Express form strategic partnership on green fuel

Asia Commercial Bank (ACB) inked an agreement with DHL Express on September 19 to fully offset carbon emissions for its international express shipments by harnessing DHL's GoGreen Plus service.
hanoi moves to tap riverside agri tourism potential

Hanoi moves to tap riverside agri-tourism potential

With its great potential for ecological agriculture and tourism, especially in riverbank areas, Hanoi has paid attention to developing riverside agri-tourism models.
bis pledges support for vietnam in banking infrastructure development digital transformation

BIS pledges support for Vietnam in banking infrastructure development, digital transformation

The Bank for International Settlements (BIS) will continue to accompany and support the State Bank of Vietnam (SBV) in investing in payment and financial infrastructure development and promoting digital transformation, contributing to improving risk management in the local banking sector, stated BIS General Manager Agustin Carstens.
green goals can be achieved with collective focus

Green goals can be achieved with collective focus

The Asian Development Bank and GreenYellow Smart Solutions Vietnam last week inked a $13.8 million loan agreement for rooftop photovoltaic solar systems. Sébastien Prioux, CEO of GreenYellow Vietnam and Cambodia, talked to VIR’s Nguyen Thu about the company’s goals in the Vietnamese market and what it expects from upcoming policy.
forum discusses impact of climate change

Forum discusses impact of climate change

The 2023 Vietnam Climate Forum took place in Hanoi on September 21. The event was co-organised by the State Bank of Vietnam (SBV) in partnership with the International Finance Corporation (IFC).
development banks extend role in green related loans

Development banks extend role in green-related loans

Major investment banking institutions are seeking opportunities to provide more green loans for Vietnam to support its net-zero transition.
green credit balance figures on positive trajectory

Green credit balance figures on positive trajectory

While green credit balances at commercial banks are growing, Vietnam’s legal framework on the issue has yet to be completed, making it difficult for implementation.
state owned banks leading in forex trading revenues

State-owned banks leading in forex trading revenues

The profits from foreign exchange trading at major banks are still consistently substantial, even in the face of significant exchange rate fluctuations.
sbv proposes restructuring of scb

SBV proposes restructuring of SCB

Saigon Commercial Bank (SCB) is set to undergo a restructuring process, pending the government's assessment and subsequent decision.