17-11-2019 15:27
This was the main topic of a workshop themed “Managing third-party risks under Circular 18” held in Hanoi by the Vietnam Banks Association, together with PwC Vietnam and PwC Vietnam Cyber Security Services Co., Ltd.
15-11-2019 15:22
Vietnamese banks are following their corporate clients by expanding abroad. However, lenders could also confront a combination of hurdles when going abroad, including understanding cultural differences, local regulations, and meeting strict requirements. Luu Huong reports.
12-11-2019 10:46
A proposal has been raised to allow the State Bank of Vietnam (SBV) to purchase stocks of banks under special review as a new method to handle the prolonged bad debts issue permeating the banking system.
06-11-2019 14:38
More and more customers are using e-banking services, leading to a rise in free-of-charge facilities offered by banks.
04-11-2019 15:34
Vietnamese shares advanced on Monday morning, driven by listed banks, securities firms and tech groups.
28-10-2019 08:56
Viet Nam's banks and financial institutes must be ready for a digital transformation, said policymakers and experts at a workshop yesterday in Ha Noi.
25-10-2019 10:35
With the meteoric rise of non-cash payments in Vietnam, more and more banks and financial institutions are turning towards digital, subscribing to software providers like OpenWay that are working to unite the market – under their own name.
24-10-2019 10:35
The Vietnamese Government may allow European financial firms to buy up to 49 per cent of only two local commercial banks, Nguyen Thi Thu Trang, Director of the WTO Integration Centre at the Vietnam Chamber of Commerce and Industry, said on Wednesday.
22-10-2019 14:58
Vietnamese shares advanced on Tuesday morning, driven by financial firms.
22-10-2019 14:00
Since October, Vietnamese and foreign commercial banks are no longer allowed to provide mid- and long-term foreign currency loans. Experts believe this is an essential move towards reducing foreign currency mobilisation, boosting the country’s exports, encouraging derivatives products as risk-hedging tools, and implementing the country's de-dollarisation policy.
20-10-2019 15:16
Banks are reporting better profit for the third quarter this year, with Vietcombank leading the way despite the predicted slowdown in credit growth.
18-10-2019 10:00
With the Ministry of Transport recently cancelling the international bidding process and replacing it with domestic bidding for the North-South Expressway project, the feasibility for bank loans is put on the top shelf of concerns. Lawyers Le Net, Le Thanh Hieu, and Vo Phuong Thao from LNT & Partners provide analysis into the risks that will possibly affect the ability of bidders to secure financing from both domestic and international banks.
11-10-2019 12:13
The Asian Banker continues to honour the 500 strongest banks in the Asia-Pacific in 2019 with some familiar names from Vietnam.
10-10-2019 16:16
While digital transformation has become an inevitable trend for development in today’s modern world, compliance risk, however, might pose remarkable hurdles to banks wishing to go digital.
10-10-2019 11:00
The State Bank of Vietnam’s latest move to reduce interest rates comes after other central banks around the globe have started easing to combat spreading weaknesses, but experts are warning that such decisions may not yield the desired effects.