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Search Results: 2,239 results for keyword "banks".
IFC increases trade finance limits to support Vietnamese businesses amid COVID-19
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.
Lenders at odds with supporting strategies
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.
Foreign banks to arrange funds for LNG-fired power plants
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.
Stocks rebound despite measure of pessimism among foreign investors
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.
Tech, banking and building stocks lift the market
11-02-2020 15:40
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
10-02-2020 12:25
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
10-02-2020 09:16
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
06-02-2020 15:50
Vietnamese shares advanced on Thursday morning, driven by banks and financial stocks.
Six central banks planning to issue digital currencies
06-02-2020 10:08
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
05-02-2020 15:21
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
03-02-2020 15:52
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
31-01-2020 11:52
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 4.0 in banking sector
28-01-2020 08:00
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
17-01-2020 15:53
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
16-01-2020 15:10
Vietnamese shares rose on Thursday morning, driven by large-caps in the banking sector.
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