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Prudential Vietnam and VIB enter bancassurance partnership
19-06-2023 11:55
The extension of the strategic bancassurance partnership between the two businesses underscores the objective of both sides to bolster future confidence for Vietnam’s bancassurance sector.
ASIFMA highlights Vietnam stock market's emerging status
19-06-2023 10:46
The Asia Securities Industry and Financial Markets Association (ASIFMA) has lauded Vietnam's stock market as it approaches the status of an emerging market. However, amid the promising growth, there remains a crucial bottleneck that foreign depository banks are eager to see resolved.
Fintwin expands network at K-Global event
19-06-2023 09:34
South Korean technology firm Fintwin Corporation took part in the 'K-Global@Vietnam 2023' event on June 8 n Ho Chi Minh City. This was the first time the K-Global event was held in Vietnam, after previously being held in China and the US.
Woori Bank Vietnam partners with Samsung Vina Insurance to offer property insurance services
18-06-2023 13:16
Woori Bank Vietnam and Samsung Vina Insurance have forged a strategic alliance to enhance property insurance operations, offering more options to new insurance services for corporate clients while strengthening Woori Bank's competitive position.
MB nurtures young talents and embraces digital innovation
18-06-2023 10:00
In Vietnam, while many organisations embrace the synergy of youthful talent and advanced technology, only a few have committed wholeheartedly to specialised initiatives for nurturing this vital workforce segment. One outstanding exemplar that has garnered widespread student interest is the Military Commercial Joint Stock Bank (MB).
A strengthened position for supply chain ecosystems
16-06-2023 14:40
Regional supply chain shifts are underway. Ramachandran a.s., Citi country officer for Vietnam, shared his views with Hoang Anh on how Vietnam can take ad-vantage of this for further economic development.
MB empowers import-dependent enterprises with incentives and digital services
16-06-2023 14:15
Recognising the formidable hurdles faced by import-dependent enterprises during the initial five months of 2023, the Military Commercial Joint-Stock Bank (MB) remains steadfast in its commitment to extending a lifeline through the implementation of advantageous policies, aimed at alleviating the financial burden borne by its clientele.
Savings interest rate cut to 4.75 per cent
16-06-2023 08:00
The State Bank of Vietnam (SBV) has reduced the ceiling interest rate for savings under six months to 4.75 per cent a year, the second reduction in less than a month.
Samsung Vietnam teams up with Shinhan Bank Vietnam on digital payments
15-06-2023 15:27
In a landmark move, Samsung Vietnam and Shinhan Bank Vietnam have joined hands, etching an MoU to revolutionise the digital payment arena in Vietnam on June 14.
VIB sign new loan agreement with IFC, bringing its total credit limit to $450 million
15-06-2023 10:34
International Commercial Joint-Stock Bank (VIB) and the International Finance Corporation (IFC) have signed a medium and long-term loan agreement to strengthen VIB’s financial resources for credit expansion activities including retail home loans, home renovation products, and affordable mortgages.
Vietnam's banking powerhouses secure spots on Forbes' global 2,000 list
14-06-2023 11:57
Forbes last week unveiled its annual list of the 2,000 largest companies worldwide in 2023. In a significant feat, Vietnam's banking sector has made a resounding impact, with Vietcombank, BIDV, VietinBank, Techcombank, and MBBank emerging as prominent players in the global financial arena.
Discover a miniature Mediterranean in the heart of Hoi An
13-06-2023 17:32
Nestled on the banks of Hoai River at Bay Resort Hoi An, the Olive Tree Restaurant is a new culinary highlight for visitors to enjoy the best of the Mediterranean cuisine.
Further fall projected for interest rates
13-06-2023 09:27
Several banks have followed the State Bank of Vietnam’s (SBV) lead by lowering their base interest rates, aiming to encourage and facilitate increased credit demand within the market.
Banking legacies and family ties shaping commercial banks in Vietnam
12-06-2023 18:16
Explore the intriguing dynamics of Vietnam's private banks, such as Techcombank, TPBank, LPBank, OCB, SHB, ACB, and SeABank, where family members of top executives wield significant influence and play key roles in shaping the institutions' operations and strategies.
Chubb Life Vietnam and Hong Leong Bank bring more choice to customers
12-06-2023 18:07
Chubb Life Vietnam, a subsidiary of Chubb Life Insurance Co., Ltd., and Hong Leong Bank formalised a strategic partnership agreement on June 12 aimed at delivering Chubb Life's Life Insurance solutions to more customers through an innovative distribution channel.
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