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Search Results: 2,205 results for keyword "banks".
Core functions possibly at stake without sufficient digitalisation
06-11-2020 08:56
Payment intermediary is one among three core functions, and has always been considered as a unique and unparalleled feature of commercial banks. However, this might not be the case anymore as a number of century-old brands have collapsed due to their conservative mindset and unwillingness to change.
Land rental rise in industrial property
06-11-2020 08:54
The increasing demand and the drying up of land banks in industrial zones has bumped up rental prices in first-tier property markets in Vietnam.
Retail, banking give boost to local market
02-11-2020 15:06
Vietnamese shares inched up on Monday morning as retailers and banks’ stocks progressed amid caution over the US presidential election.
Vietnam to allow banks to use foreign e-wallets for int’l payments
02-11-2020 09:09
The State Bank of Vietnam is drafting a circular regarding cashless payments which might allow domestic commercial banks and domestic intermediary payment companies to co-operate with foreign intermediary payment companies to provide international payment services.
Banks in HCM City to continue supporting businesses
22-10-2020 09:38
Banks in Ho Chi Minh City are focusing on measures to mitigate the difficulties faced by businesses due to the COVID-19 pandemic and help them get back to health, a State Bank of Vietnam official has said.
Banks, agrico firms lift market up
14-10-2020 16:05
Vietnamese shares remained upbeat on Wednesday morning on the growth of banking and agriculture sectors.
Banks' digital transformation in need of new legal framework
13-10-2020 15:40
In the wave of bank’s digital transformation, it is necessary to establish a comprehensive legal framework to completely boost the process.
Banks cut interest rates from October
10-10-2020 09:55
Many banks have cut deposit interest rates after the State Bank of Vietnam (SBV) lowered the ceiling levels of interest rates from October 1.
Banks put pedal to the metal in digital transformation
08-10-2020 17:08
The banking industry has been recently abuzz with digital transformation as lenders embark on their journey to become more tech-enabled to keep pace with disruptive technologies. Notwithstanding, many are still unsure about what digital transformation entails, and whether customers would welcome innovations.
Banks enlist eKYC capabilities to smooth out sign-up process
07-10-2020 12:46
International and domestic banks in Vietnam are gearing up to boost their e-Know-Your-Customer process to provide customers with a seamless on-board experience and reduce paper-based procedures. However, the lack of a comprehensive legal framework remains a major issue to be tackled.
Data sharing and security top concern for banks: experts
05-10-2020 09:21
Big data is a vital issue for banks in the digital transformation process, with data sharing and security top concerns, experts have said.
Changes needed for global banking post-coronavirus
02-10-2020 19:43
Life for many of us has changed beyond recognition compared to just a few months ago – and one of the biggest changes has been the need to do electronically what we have historically done face-to-face: video conferencing for meetings, shopping online, restaurant delivery, day-to-day banking, and so on.
Averting inflation due to excess cash in the system
29-09-2020 09:59
As many companies cope with debts caused by the economic fallout due to the pandemic, they are unable to take loans for maintaining or expanding their business lines. In this scenario, in which banks see themselves confronted with excess capital, Dr. Vu Dinh Anh from the Ministry of Finance’s Price Market Research Institute warns about possible inflation if banks and state policies choose the wrong way.
Vietnamese banks take cautious approach to foreign ownership limit
24-09-2020 16:11
The current pandemic has not only put mounting pressure on the quality of Vietnamese banks’ assets and profitability but also hampered some lenders’ cross-border mergers, forcing them to take different approaches to their foreign ownership limit.
Controversial draft decree may make banks lose potential foreign investors
24-09-2020 09:51
A draft decree being developed by the State Securities Commission to implement the amended Law on Securities may cause local banks to lose out on potential foreign investment.
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