11-09-2023 14:22
Vietnam Prosperity Joint Stock Commercial Bank (VPBank) and the US International Development Finance Corporation (DFC) inked a Commitment Letter on a bilateral loan worth $300 million with a seven-year tenure.
08-09-2023 17:38
Be Group signed a cooperation agreement on September 8 with VinFast and Cake by VPBank to encourage its drivers to switch from petrol to electric vehicles (EVs), meaning thousands of Be drivers will benefit from VinFast's support policies and have access to financial solutions from Cake the digital bank.
08-09-2023 12:08
The Orient Commercial Joint Stock Bank (OCB) has secured a $55 million loan from Germany's DEG, targeting support for SMEs, especially those led by women, to lift Vietnamese living standards.
08-09-2023 11:35
More than 55 per cent of chief information officers in Vietnam are more inclined to embrace an “adopt and build” approach in their digital banking transformation, above the Asia-Pacific average of 48 per cent.
08-09-2023 11:00
Prime Minister Pham Minh Chinh on September 7 received World Bank (WB) President Ajay Banga in Jakarta on the sideline of the 43rd ASEAN Summit and related meetings in Indonesia.
07-09-2023 16:56
The National Bank of Cambodia (NBC) announced on September 6 that it has successfully auctioned 10 million USD in an effort to stabilise the Cambodian riel against the US dollar.
07-09-2023 14:28
Banks are rolling out a raft of concessionary lending schemes to fuel demand amid gloomy credit growth.
07-09-2023 10:43
Ho Chi Minh City Development Joint Stock Commercial Bank is the only bank in Vietnam to receive the "Digital Innovation" award by the ASEAN Business Awards - ABA 2023.
06-09-2023 16:56
Some Vietnamese commercial banks have reported a dramatic dip in their bancassurance sales for the first half of the year as the sector navigates controversies and a historically low number of active life insurance contracts.
06-09-2023 16:16
Commercial banks in Vietnam have been actively offering loans for green projects and expanding green credit through mobilising capital from international credit institutions.
05-09-2023 17:17
Banks remain in a phase of inventory, facing challenges in the active monetisation of funds and resulting in an accumulation of excess liquidity.
31-08-2023 13:04
PG Bank has seen a significant shift in its ownership as three institutional investors jointly acquired a 40 per cent stake, following the State Bank of Vietnam's approval.
30-08-2023 17:54
BIDV announced on August 23 its selection of IBM API Connect as the platform to build a new API management system to maximise the digital banking experience of its clients.
30-08-2023 17:53
Citi recognised the outstanding performance of 11 Vietnamese banks during its Financial Institutions Roadshows, held in Hanoi on August 18 and Ho Chi Minh City on August 21.
30-08-2023 13:00
Nature's ability to regenerate is dwindling as human demands on it increase. To reverse this trend, we need to incorporate natural capital into economic modelling and policymaking.