tech banking and building stocks lift the market

Tech, banking and building stocks lift the market

Vietnamese shares advanced on Tuesday morning as banks, technology businesses construction firms bounced back on strong purchases.
banks fintech firms promote cashless payments during epidemic

Banks, fintech firms promote cashless payments during epidemic

To prevent the spread of the new strain of coronavirus in Viet Nam, customers are encouraged to adopt cashless payment methods.
banks provide assistance to businesses affected by epidemic outbreak

Banks provide assistance to businesses affected by epidemic outbreak

In response to the State Bank of Viet Nam’s appeal, a number of credit institutions have announced plans to support businesses affected by the coronavirus epidemic.
financials and banking lift vn stock market

Financials and banking lift VN stock market

Vietnamese shares advanced on Thursday morning, driven by banks and financial stocks.
six central banks planning to issue digital currencies

Six central banks planning to issue digital currencies

The heads of six central banks and the Bank for International Settlements in mid-April will hold their first meeting on developing their own digital currencies, which can serve as alternatives to Facebook's Libra or the digital yuan.
banks join the fight against ncov

Banks join the fight against nCoV

The State Bank of Vietnam has directed banks to extend some leeway to customers impacted by the coronavirus outbreak by providing preferential interest, on-lending, or debt restructuring.
twelve banks clear all bad debts at vamc

Twelve banks clear all bad debts at VAMC

Twelve out of 40 commercial banks have so far cleared all their non-performing loans (NPLs) kept at the Viet Nam Asset Management Company (VAMC).
reference exchange rate up 11 vnd on january 31

Reference exchange rate up 11 VND on January 31

The State Bank of Vietnam set the daily reference exchange rate at 23,196 VND/USD on January 31, up 11 VND from the previous day.
sbv sets new course to board industry 40 in banking sector

SBV sets new course to board Industry 4.0 in banking sector

To keep up with the ever-evolving technology, banks have to be well-positioned to engage with the new wave of digitally empowered customers. Nguyen Kim Anh, Deputy Governor cum chairman of the Fintech Steering Committee at the State Bank of Vietnam, looks into how the central bank aids lenders to innovate and address their most pressing needs.
banks warn customers about fraud during tet

Banks warn customers about fraud during Tet

Commercial banks have issued warnings to customers about examples of fraud that are common during Tet (Lunar New Year).
vn stocks increase banks score big gains

VN stocks increase, banks score big gains

Vietnamese shares rose on Thursday morning, driven by large-caps in the banking sector.
avoiding creative destruction to stave off future recessions

Avoiding “creative destruction” to stave off future recessions

While some lessons have been learned from previous financial calamities, central banks are again in the spotlight as the global market attempts to fend off a repeat crisis. Steve Brice, chief investment strategist at Standard Chartered Bank, shares his view on global growth prospects for the capital market as a useful channel for investors to take as reference.
mof announces 13 market makers for debt market

MoF announces 13 market makers for debt market

Thirteen commercial banks and securities firms will be allowed to join the debt market or Government bonds (G-bonds) market in Viet Nam this year.
expand credit to prevent usury central bank asks

Expand credit to prevent usury, central bank asks

The State Bank of Viet Nam has asked domestic credit institutions and foreign banks’ branches to expand credit for business, production and consumption as an effort to prevent usury.
shares extend gains banks in the focus

Shares extend gains, banks in the focus

Shares extended gains on the two national stock exchanges on Friday morning, driven by positive performance of banks.