25-06-2020 14:00
New approaches, especially regarding activities of banks, are required to boost the reach of mobile money agents and expand financial inclusion in Vietnam.
24-06-2020 17:20
A spike in the amount of bad loans sitting in banks’ books has triggered Vietnamese authorities to seek new paths to recovery, with the upcoming bad debt exchange platform envisaged to allow investors to buy and sell distressed assets, which can boost market liquidity.
19-06-2020 10:28
The Vietnam Technological and Commercial Joint Stock Bank (Techcombank) plans to issue 4.7 million shares to current employees under its employee stock ownership plan (ESOP), at a price of 10,000 VND (0.43 USD) per share.
18-06-2020 09:47
After four sessions of appreciating the US dollar against the Vietnamese dong, the State Bank of Viet Nam (SBV) adjusted the greenback down on Wednesday, while commercial banks followed the trend.
16-06-2020 19:06
Vietnamese banks offer attractive investment opportunities because of the sector's fast growth prior to COVID-19 and the country's relatively unscathed emerging from the pandemic, which, combined with the young and highly-productive labour force promises a glorious time ahead.
16-06-2020 16:22
Following recovery plans after the pandemic came under control in Vietnam, many banks have recently announced plans to move their lists to the Ho Chi Minh City Stock Exchange (HSX).
10-06-2020 17:08
PARIS: LPGA Tour Commissioner Mike Whan said he felt "pretty sure" the Women's British Open could go ahead in August despite France's Evian Championship becoming the first women's golf major to be lost to the COVID-19 pandemic.
10-06-2020 14:00
In general, foreign investors are seeking safe, stable investment environments with established real estate market practices, rule of law, and structured land ownership, with available financial support from banks. Vietnam, Indonesia, and the Philippines have all worked hard to improve their legal frameworks to protect foreign investors and remove risks associated with issues such as repatriation of funds and providing a safe working environment for their employees.
10-06-2020 08:00
A string of Vietnamese banks, particularly state-owned lenders, are facing capital shortfalls but upcoming tie-up deals with foreign investors could give the financial sector some much-needed momentum.
09-06-2020 11:35
Banks, especially State-owned banks, are expected to increase their capital significantly this year as they are allowed to retain profits or pay dividend in shares instead of cash as previously.
08-06-2020 09:54
Vietnam’s early efforts to weather the COVID-19 storm have helped its economy to reopen much sooner than others, with many sectors that have suffered badly from the outbreak – from retail to finance –now recovering with poise.
02-06-2020 10:05
The State Bank of Vietnam set the daily reference exchange rate at 23,251 VND per USD on June 2, down 5 VND from the previous day.
29-05-2020 10:00
European and Vietnamese banks alike could gain the upper hand down the road thanks to upcoming ratification of the historic trade deal between Vietnam and the EU.
29-05-2020 09:00
As Vietnam has emerged as an attractive option for companies seeking to diversify their manufacturing operations, industrial zone developers are planning to expand their land banks to welcome new investments heading to the country.
21-05-2020 15:33
Restarting the economy will improve the demand for consumer finance, however, both consumer finance companies and banks need to build diverse loans to meet customer demand.