05-07-2023 11:08
Sustainability is taking centre stage in Vietnam’s development plan. Amanda Murphy, head of Commercial Banking for South and Southeast Asia at HSBC Asia-Pacific, discussed with VIR’s Luu Huong the pivotal role of public-private partnerships in facilitating green financing tools and emphasises the importance of clear policymaking for sustainable investments.
04-07-2023 19:01
Vietnam International Bank (VIB) has launched the first line of white credit cards – VIB Super Card to empower cardholders, and personalise their experience.
04-07-2023 10:07
With funding support from Vietnam Bank for Social Policies's (VBSP) Lang Son branch, increasing numbers of local residents have acquired pleasing accommodation thanks to contributions to provincial development.
03-07-2023 18:13
Saigon Commercial Joint-Stock Bank (SCB) is closing several branches as part of its restructuring efforts. The bank has reassured customers that their rights and transactions are guaranteed, and that it is complying with directives laid out by the State Bank of Vietnam (SBV).
03-07-2023 17:05
The State Bank of Vietnam (SBV) has sent a document to credit institutions and branches of foreign banks and SBV in provinces and centrally-run cities regarding the reduction of interest rates.
03-07-2023 16:25
The World Bank has approved two projects worth 1.1 billion USD to expand access to cleaner electricity in Indonesia.
03-07-2023 14:44
Economic corridors have the potential to bridge infrastructure gaps, foster industrial growth, and promote economic diversification, playing a pivotal role in propelling Asia towards a more inclusive and sustainable growth trajectory.
03-07-2023 08:59
The World Bank approved $264 million of International Development Association credit for Vietnam on June 29, aimed at bolstering the country's efforts to achieve an inclusive, green, and digitally driven economic recovery, aimed at supporting households, businesses and the expansion of renewable energy.
30-06-2023 11:16
On June 29, Military Commercial Joint-Stock Bank (MB) and the globally renowned payment processing corporation Mastercard reached a significant milestone in their enduring partnership with the launch of the Hi LOL Card – a multi-functional card that promises an unparalleled esports experience for League of Legends enthusiasts in Vietnam.
29-06-2023 15:24
The banking sector should take more drastic measures to restructure credit institutions in association with the settlement of bad debts to contribute to curbing inflation and stabilising macro-economic factors, according to insiders.
28-06-2023 15:00
Swiss banking group UBS plans to cut 35,000 jobs at Credit Suisse - more than half its workforce - as part of the emergency rescue takeover of its rival in March, according to a report by Bloomberg News on Tuesday.
28-06-2023 09:37
Vietnam International Bank (VIB) partnered with American Express on June 27 to launch its first Super Card, offering cardholders in Vietnam up to 15 per cent cashback on their spending across multiple categories. This cashback white card gives customers the freedom and flexibility to choose how they earn their rewards based on their lifestyle and needs.
27-06-2023 14:00
Asian markets mostly rose Tuesday after more than a week of losses but traders remained anxious about central banks' plans to continue hiking interest rates to fight stubborn inflation.
27-06-2023 09:31
Vietnamese authorities have been busy at work dismantling an illicit information network involving bank employees, as local lenders prioritise data protection and digital infrastructure for customer privacy and growth.
26-06-2023 11:57
The State Bank of Vietnam (SBV) has cut regulatory interest rates for four consecutive times since the beginning of this year, in the context that world interest rates continue to rise and stay at a high level.