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Ministry proposed to upgrade national highways connecting with Laos, China
04-10-2023 14:32
The Department of Roads of Vietnam (DRVN) has just proposed a project to the Ministry of Transport to upgrade and renovate national highways connecting Vietnam with northern Laos and China.
Cashless society ambitions offered a helping hand
04-10-2023 11:38
Vietnam is swiftly revolutionising its financial sector by phasing out outdated card technologies, embracing non-cash solutions, and enacting laws to enhance security.
Digital banks step up adoption of credit cards in Vietnam
04-10-2023 09:24
Digital banks are teaming up to accelerate the use of credit cards with cutting-edge technology in Vietnam.
Several Vietnamese banks see top-tier reshuffles
03-10-2023 17:23
Some banks in Vietnam, including Eximbank, PGBank, and VIB, have recently undergone significant leadership changes.
Banks address green credit significance
03-10-2023 16:13
Significant progress has been made in the sustainable finance market in Vietnam, with banks actively promoting bonds and loans to facilitate the development of projects aligned with environmental, social, and governance frameworks.
Banks must be decisive in green financing mission
03-10-2023 16:07
The sustainable finance market is growing rapidly, enabling the sector to meet the long-term needs of an environmentally sound economy. Allen Forlemu, the International Finance Corporation’s regional director of Financial Institutions Group for Asia-Pacific, talked to VIR’s Linh Le about the urgency for greening the sector as Vietnam.
UOB adjusts 2023 growth forecast for Vietnam
03-10-2023 14:29
UOB (United Overseas Bank) has adjusted its full-year growth forecast for Vietnam to 5 per cent from 5.2 per cent previously, with the assumption of further acceleration of real GDP growth in Q4 at 7 per cent on-year.
Vietnam receives $41 million from World Bank for sale of forest carbon credits
02-10-2023 07:23
Vietnam has received over $41 million from World Bank for sale of forest carbon credits, equal to 80 per cent of the committed amount under the Emission Reductions Payment Agreement.
Borrowers struggle to benefit from new lending policy
29-09-2023 16:04
Borrowers are finding it challenging to obtain new loans from banks to settle their existing debts at a different bank, despite the recent implementation of a regulation permitting debt transfer.
Central bank keeps close eye on forex market movements
29-09-2023 10:41
The State Bank of Vietnam is monitoring and taking action to moderate exchange rate movements in the face of weakening regional currencies.
Vietnam to consolidate fiscal stance in line with 2030 strategy
29-09-2023 08:00
The government should continue to support the expansion of domestic demand, which is gaining momentum for recovery, as a fiscal solution for spurring on economic growth, experts have suggested.
Intricacy urged in cybercrime battle
28-09-2023 14:51
As criminals exploit advanced technologies, both banks and customers face amplified risks, necessitating collaborative and advanced countermeasures.
New rating agency approval shores up credit confidence
28-09-2023 13:00
Vietnam’s corporate bond market is set for a transformative leap with the entrance of a new credit rating agency, paving the way for renewed confidence and alignment with global standards.
SBV issues another 20 trillion VND worth of treasury bills
28-09-2023 11:10
The State Bank of Vietnam (SBV) on September 27 continued to offer 28-day treasury bills worth 20 trillion VND (833 million USD) through an auction.
Vietnamese economy remains resilient despite weak external environment: ADB
27-09-2023 16:37
Despite the weak external environment, the Vietnamese economy remains resilient, and recovery is expected to pick up in the near term, said Asian Development Bank (ADB) Country Director for Vietnam Shantanu Chakraborty.
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