21-11-2020 12:21
Vietnam banks' results in the third quarter of this year have shown easing pressure on asset quality and profitability on the back of an improving economic outlook, says Fitch Ratings in a new report.
20-11-2020 21:03
The Vietnamese central bank has emphasised that lenders are not allowed to force customers to buy compulsory insurance products to receive bank loans, even as bancassurance services have become a strategic priority for many.
17-11-2020 09:17
Vietnamese banks have been increasing their foreign ownership ratios to attract investment and improve financial strength.
09-11-2020 07:04
Global market fluctuations, as well as mainstream organisations and central banks’ ambition to launch digital currencies, are seen as an endorsement for crypto asset activities, while gold is meanwhile still proving its glitter as a safe-haven investment worldwide.
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.
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.
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.
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.
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.
14-10-2020 16:05
Vietnamese shares remained upbeat on Wednesday morning on the growth of banking and agriculture sectors.
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.
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.
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.
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.
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.