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VinaCapital and GS Energy Partner with KEXIM in Long An LNG power plant projects
25-06-2023 11:35
Vinacapital, an asset management group in Vietnam, and GS Energy, a South Korean company, have inked an MoU with Export-Import Bank of Korea (KEXIM) to facilitate the financial development of the Long An I and II liquefied natural gas power plant projects.
Vietnam seeks support from SK financial institutions in bank restructuring
25-06-2023 11:31
Vietnam is eagerly seeking the proactive involvement of South Korean financial institutions in its ongoing efforts to restructure the country's banking system.
Shinhan Bank Vietnam organised “Bike Run” event to present bicycles and scholarships to students at SOS Children’s Village Vietnam, attended by the First Lady of the Republic Korea
23-06-2023 21:06
Shinhan Bank Vietnam (Shinhan Bank) organised the “Bike Run” event to present bicycles and scholarships to underprivileged students at SOS Children's Village Vietnam. The First Lady of the Republic of Korea, Kim Keon Hee attended the meaningful event. This is one of the First Lady's activities during the trip to accompany President of the Republic of Korea Yoon Suk Yeol on his state visit in Vietnam.
DBS Bank empowers Vietnam's green revolution
23-06-2023 18:58
In an exclusive interview with VIR’s Luu Huong, Yulanda Chung, head of Sustainability, Institutional Banking Group at DBS Bank discussed how the bank has embraced the opportunity in Vietnam to harness the power of banking to create a positive impact.
Standard Chartered forecasts growth slowdown in Q2
23-06-2023 18:51
In a recent global research report, Standard Chartered Bank forecasts Vietnam’s second quarter (Q2) GDP growth to have slowed to 1.5 per cent on-year, from 3.3 per cent in Q1. This poses downside risks to its 6.5 per cent growth forecast for 2023. However, a rebound is expected in the second half of 2023.
HDBank launches 'Korea Desk'
23-06-2023 18:46
To welcome the visit of President Yoon Suk Yeol and a delegation of over 200 large Korean enterprises to Vietnam, HDBank has officially launched the 'Korea Desk', a department providing specialised banking products, services, and advisory support for Korean corporate customers in Vietnam.
Tax Department in Vietnam asks banks to provide transaction information
23-06-2023 18:00
The General Department of Taxation has issued a letter requesting commercial banks and other credit institutions to provide transaction information, account balances, and data as requested by the directors of local tax departments.
Top 10 prestigious Vietnamese banks in 2023 revealed
23-06-2023 11:10
2023 is seen by the banking industry as a challenging year as they have to continue to share resources and help cushion pressure on businesses amid slowing global economic growth.
ADB highlights default risks in Vietnam's property markets
22-06-2023 10:06
Vietnam's property equity index has experienced a significant decline of around a half since January, according to a recent report on East Asian bond markets released by the Asian Development Bank (ADB).
Bancassurance takes on trust challenges
22-06-2023 09:26
The bancassurance sector is facing challenges amid many partnerships and complaints, requiring stricter regulations and improved governance to restore customer trust.
Vietnam among ASEAN economies predicted to grow fast
21-06-2023 16:34
Vietnam is among the six ASEAN economies forecast to grow by 4.2 per cent in 2023, outpacing the global gross domestic product (GDP) growth of 2 per cent, according to Maybank Group president and chief executive officer (CEO) Datuk Khairussaleh Ramli.
Lenders reinforce security measures
21-06-2023 15:00
By harnessing the power of chip-embedded ID cards, AI, and reliable population data, banks in Vietnam are reinforcing security measures and revolutionising banking services for their customers.
Averting the consequences of slowing flows in capital
21-06-2023 11:34
Low credit demand might be an early indicator that bad debt will increase. Nguyen Thi Phuong, deputy general director of Agribank, talked to VIR’s Nhue Man about the issue in the domestic market.
Utilising efficient media to usher in banking stability
21-06-2023 08:00
The finance and banking sector cannot develop strongly without the media. Nguyen Tu Anh, director general of the Department of General Economic Issues under the Central Economic Commission, spoke to VIR’s Nhue Man about the role of the media in macro stability, particularly in finance and banking.
Greener credit headlining BAC A BANK’s modernisation
20-06-2023 10:00
For nearly 30 years, BAC A BANK has been underlining the importance of nurturing sustainable development via its green credit activities and taking good care of its staff.
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