28-01-2021 17:16
The National Payment Corporation of Vietnam (Napas) and seven domestic banks recently launched domestic credit chip cards with unified standards to promote cashless payments and tackle black credit.
26-01-2021 08:00
The Government has been urged to develop a legal framework for the Small- and Medium-sized Enterprises (SMEs) Development Fund in terms of direct lending, in addition to trust and indirect lending services provided through commercial banks, to provide broader access to soft loans by SMEs.
25-01-2021 09:40
The National Payment Corporation of Viet Nam (Napas) last week said it would work with seven banks to introduce domestic credit chip cards with unified standards to limit cash payments and tackle black credit.
24-01-2021 10:17
Promoting consumer finance and simplifying procedures for loan applications would be a priority for commercial banks, financial companies and microfinance institutions as part of efforts to limit black credit, a conference heard in Ho Chi Minh City on January 20.
24-01-2021 10:04
Banks will have to set aside money for potentially unrecoverable COVID-19 affected loans from this year, according to an amended circular drafted by the State Bank of Vietnam (SBV).
19-01-2021 10:11
With a large percentage of the poor population in coastal localities often living in run-down houses, many families are in need of insurance packages for their homes. However, a lack of related insurance programmes among banks may leave their dreams out of reach.
14-01-2021 08:00
Vietnamese banks are making a beeline to increase capital, accelerate financial capacity, and tap into overseas funds.
11-01-2021 07:00
Vietnam will continue to use flexible measures to stimulate the domestic tourism market as international borders remain shut due to the global COVID-19 pandemic, a top tourism official has said.
07-01-2021 15:39
Despite still being modest in number, digital-only banks in Vietnam are accelerating progress by partnering up with physical lenders, while the country formulates suitable regulations for fully-virtual banks.
02-01-2021 20:38
Vietnamese banks will only be allowed to issue chip cards from March 31, 2021, according to a State Bank of Vietnam (SBV) draft circular.
30-12-2020 09:00
Vietnamese banks are enthusiastically filing for initial public offering or re-listing, in which they dream about tapping into broader scope of funds.
24-12-2020 14:00
Foreign insurers are vying with each other to grab a bigger slice of Vietnam’s robust insurance market, demonstrated by their aspiration to tie the knot with both local and international banks operating in the country.
22-12-2020 16:09
Along with loosened credit growth, a raft of banks have rolled out lucrative lending programmes to fuel consumption demand for the end of the year.
22-12-2020 16:02
Sumitomo Mitsui Financial Group is allegedly going to acquire Asian banks in Vietnam, the Philippines, or India.
17-12-2020 15:20
The State Bank of Vietnam (SBV) has extended the credit growth limits for the second time this year to some commercial banks, of which the highest level is up to 30 percent.