10-03-2020 10:00
With the COVID-19 epidemic showing no sign of slowing down, and continuing to inflict hardship on businesses, global central banks and local commercial lenders have joined the race to help lift economies up from a downward spiral.
06-03-2020 10:51
Vietnamese shares gained narrowly as investors took use of intra-day growth to stave off risks and foreign investors remained net sellers.
05-03-2020 16:59
The State Bank of Vietnam set the daily reference exchange rate at 23,203 VND per USD on March 5, down 1 VND from the previous day.
04-03-2020 14:00
Concerns over the lacklustre market have played a part in weakening investors’ appetite and could pose risks for Vietnamese banks going public this year.
03-03-2020 21:22
Banks in Vietnam posted solid profit growth and asset quality improvements in 2019, benefitting from the country's robust macro-economic environment, Moody's Investors Service said.
03-03-2020 11:00
South Korean lenders are continuing to play the waiting game in regards to measures to combat damage caused by the coronavirus outbreak, though domestic banks and investors have been placing growing bets on rate cuts or tolerance to loans.
03-03-2020 08:36
Many banks have rolled out soft credit packages in a bid to help customers, both retail and corporate ones, to mitigate the adverse impacts of COVID-19.
02-03-2020 14:05
The State Bank of Vietnam set the daily reference exchange rate at 23,219 VND per USD on March 2, down 5 VND from the last working day of previous week (February 28).
28-02-2020 09:50
The State Bank of Vietnam set the daily reference exchange rate at 23,224 VND per USD on February 28, down 10 VND from the previous day.
24-02-2020 09:51
Many banks have announced the recruitment of a large number of personnel to meet business expansion plans in 2020.
22-02-2020 13:24
Commercial banks in Vietnam will likely cut or delay interest payments on loans in a bid to cushion the domestic economy against a global slowdown amplified by the wide-spreading coronavirus contagion, following directions from the State Bank of Vietnam.
21-02-2020 14:39
IFC, a member of the World Bank Group, has increased trade finance limits for Vietnamese banks as a rapid response initiative to address, in advance, potential trade finance challenges triggered by the outbreak of the novel coronavirus, known as COVID-19.
18-02-2020 15:00
While Vietnamese lenders have stepped up their support for the virus-hit economy by reducing lending rates or offering relief measures, foreign banks are adopting a wait-and-see approach.
17-02-2020 11:51
PetroVietnam Power Corporation (PV Power) has said that a consortium of Citibank and Ingbank will arrange funds for the construction of its gas-fired power plants Nhon Trach 3 and 4 in the southern province of Dong Nai.
12-02-2020 16:32
In the first two days of the week, Vietnamese stocks bounced back a little from a coronavirus-induced plunge due to banks' extending a helping hand to affected companies. However, foreign investors remained bullish on Hoa Phat Group, Vinamilk, and Masan stocks.