10-07-2023 14:51
Saigon-Hanoi Commercial Joint-Stock Bank (SHB) is engaged in discussions to offload up to a fifth of its equity to overseas investors, according to sources familiar with the matter. The impending deal, which values the Vietnamese lender at between $2 billion and $2.2 billion, is attracting considerable interest from a host of investors, notably those hailing from South Korea and Japan.
10-07-2023 09:07
With the largest consumer banking network in ASEAN and as a Singaporean bank with a wholly foreign-owned subsidiary in Vietnam, UOB has played an active role in serving a significant clientele of foreign investors over the past 30 years, while making contributions towards enhancing the investment climate in this emerging market.
08-07-2023 13:25
Standard Chartered Bank predicts that Vietnam's economy will experience a rebound in the second half of the year, with a growth rate of 7 per cent on-year that is driven by improving trade data and the country's economic openness and stability.
07-07-2023 22:00
The Singapore Regional Business Forum in Hanoi on June 7 attracted great attention from Singaporean fintech companies looking for new opportunities.
07-07-2023 16:51
In its drive to spearhead financial innovation, Techcombank fosters strategic partnerships, embraces digital transformation, and prioritises talent acquisition, setting a path for success and influence in the international and regional financial landscape.
07-07-2023 13:07
KASIKORN Business - Technology Group (KBTG), a tech arm of KBank, is securing a stronger footprint in Vietnam, opening up attractive employment and career development opportunities to Vietnam's tech talents.
07-07-2023 10:03
The National Bank of Cambodia (NBC) has formally rolled out the Cambodian Shared Switch (CSS), a chip-and-card inter-bank payment system, following a pilot run since October 2017.
07-07-2023 09:05
Is it feasible for Singaporean investors to invest all foreign capital in Vietnam’s market? How much time is required to open a bank account, the duration from preparing the application dossier to obtaining the licence? Is there a faster way to find local business partners?
06-07-2023 14:49
Southeast Asia Commercial Joint-Stock Bank (SeABank) plans to issue up to 94.6 million shares, with the Norwegian Investment Fund, Norfund, being the expected primary investor, signifying a significant bolstering of foreign investment.
05-07-2023 18:00
United Overseas Bank (UOB) has just revised its full-year growth projection down to 5.2 per cent in view of the challenges ahead, particularly for the fourth quarter of 2023 with its high base (in value terms) a year earlier.
05-07-2023 17:20
Access to credit from the Vietnam Bank for Social Policies (VBSP) is providing help to many people in the northern mountainous region of Lang Son, including ethnic minorities in rural and remote areas, to get out of poverty.
05-07-2023 16:39
Vietnam's banking sector is grappling with stagnant credit growth, rising non-performing loan (NPL) ratios, and the need for sustainable credit activities amidst the economic challenges in 2023.
05-07-2023 16:22
The SBV has received 24 social housing initiative applications for a $5 billion loan package in six provinces, including 15 social housing projects in the provinces of Bac Giang, Tra Vinh, and Tay Ninh, and nine projects in the provinces of Binh Dinh, Phu Tho, and Ba Ria-Vung Tau.
05-07-2023 15:06
Nguyen Thuy Hanh, deputy general director and head of Commercial, Corporate and Institutional Banking at Standard Chartered Vietnam, digs into the importance of environmental, social, and governance (ESG) for business development, and how Standard Chartered Vietnam has supported its customers on the journey.
05-07-2023 11:15
South Korean financial conglomerates are deepening their involvement in Vietnam through a series of strategic agreements in energy, banking system restructuring, and digital payments.