ifc focuses on vietnams transition to low carbon model

IFC focuses on Vietnam’s transition to low-carbon model

To help boost the value and competitiveness of Vietnam’s agricultural sector, the IFC a member of the World Bank Group is supporting A An Food JSC to enhance its rice production quality and sustainability. This will raise income for farmers and mills along the company’s supply chain and reduce greenhouse-gas emissions in rice farming.
mb spearheads digital transformation dialogue at international conference in vietnam

MB spearheads digital transformation dialogue at international conference in Vietnam

At the international conference Digitalise to Revolutionise - Shaping tomorrow’s business landscape, organised by Military Commercial Joint-Stock Bank (MB) on November 8 in Hanoi, leading global experts shared valuable insights on the digital transformation with Vietnamese organisations and businesses.
vpbank ceo addresses challenges and strategies for vietnams real estate sector

VPBank CEO addresses challenges and strategies for Vietnam's real estate sector

At a conference on real estate and social housing development on November 13, VPBank CEO Nguyen Duc Vinh outlined the obstacles facing Vietnam's real estate market, attributing them to both external and internal factors.
growth within reach for forward thinking enterprises

Growth within reach for forward-thinking enterprises

From legacy banks to small enterprises, digital transformation is reshaping business at every level. David L. Rogers, a member of the faculty at Columbia Business School, and Paul J. Bailo, senior advisor for top US companies like Apple and Bank of America, told VIR’s Luu Huong how businesses are finding new ways to innovate and collaborate.
global finance names citi as worlds best digital bank 2023

Global Finance names Citi as World’s Best Digital Bank 2023

Citi has been recognised as the World’s Best Digital Bank and Best Corporate or Institutional Digital Bank at Global Finance World’s Best Digital Bank Awards 2023.
gauging credit risk management benefits

Gauging credit risk management benefits

Credit ratings are playing a bigger role in Vietnam in terms of banking activities. Nguyen Quang Thuan, CEO of FiinRatings, outlined to VIR’s Nhue Man the significance of credit ratings to banks’ healthy performance and business development.
seabank broadens horizons with deal

SeABank broadens horizons with deal

The transfer of SeABank’s entire capital contribution in Post and Telecommunications Finance Co., Ltd. (PTF) is part of its roadmap to strengthen its financial capacity.
seabank and aeon financial ink transfer contract for ptf

SeABank and AEON Financial ink transfer contract for PTF

The transfer of SeABank’s entire capital contribution in Post and Telecommunications Finance Co., Ltd. (PTF) is part of its roadmap to strengthen its financial capacity.
lpbank and ea sup 1 agree green credit deal

LPBank and Ea Sup 1 agree green credit deal

LPBank and Ea Sup 1 Corporation have signed a credit agreement valued at approximately VND2 trillion ($84 million). The move, announced on November 9 at LPBank's Hanoi headquarters, focuses on the shift towards green credit financing.
digital transformation is the way forward for agriculture

Digital transformation is the way forward for agriculture

Experts, government officials, industry leaders, and innovators from around the world gathered in Hanoi on November 9 for a crucial event to explore how digital tools can transform Vietnam's agricultural sector, making it more competitive, sustainable, and climate-resilient.
standard chartered promotes digital transformation for treasury management

Standard Chartered promotes digital transformation for treasury management

On November 8, Standard Chartered Bank Vietnam hosted its inaugural Treasury Leadership Forum, focusing on digital trends in Vietnam and ASEAN that have a significant impact on treasury management.
banks struggle to reach 2023 profit targets

Banks struggle to reach 2023 profit targets

Amid headwinds in both domestic and global markets, many banks face mounting hardships in reaching their full-year profit targets.
banks increasing provision costs

Banks increasing provision costs

Due to lower lending interest rates, slow credit growth and rising bad debts, commercial banks have increased their provision costs.
us treasury continues not to list vietnam as currency manipulator

US Treasury continues not to list Vietnam as currency manipulator

The US Department of the Treasury has continued not to list Vietnam as a currency manipulator in its latest semi-annual report on the macro-economic and foreign exchange policies of major trading partners of the US, the State Bank of Vietnam (SBV) said on November 8.
mb summit to chart digital trajectory with global thought leaders

MB summit to chart digital trajectory with global thought leaders

On November 8, 2023, Military Commercial Joint Stock Bank (MB) will host an international forum, "Digitalise to Revolutionise – Shaping tomorrow’s business landscape," featuring a host of global experts poised to deliver actionable insights on digital transformation.