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State bank's new circular facilitates lending to real estate projects

17-08-2023 17:00

The State Bank of Vietnam (SBV) and the banking system always create favourable conditions to support real estate businesses and the property market to develop strongly and sustainably, said Pham Chi Quang, Director of the SBV’s Monetary Policy Department.

Policy credit drives poverty reduction

17-08-2023 16:14

By 2030, all needy households will be able to access the financial products and services provided by Vietnam Bank for Social Policies (VBSP).

SBV credit policies to unlock capital for enterprises

17-08-2023 15:44

To reach the set socioeconomic development and credit growth goal for 2023, the State Bank of Vietnam (SBV) has raised some measures to manage credit activities and remove burdens for people and businesses in the second half of the year.

VPBank brand value reaches nearly $1.3 billion

15-08-2023 15:25

VPBank’s value is almost 1.5 times as high as the previous year, valued at nearly $1.3 billion and ranking 173rd in the world’s 500 most valuable banking brands.

Interest rate anchoring in US supporting VND status

15-08-2023 13:00

The US Federal Reserve’s July interest rate rise by 0.25 percentage points, resulting in policy rates reaching a 22-year high, may not be the end of the matter given the recent trend of continuously lowering interest rates.

Flexible and prudent fiscal policies protecting Vietnam

15-08-2023 09:43

The Vietnamese government is making efforts to reach its target for economic growth in 2023 at 6-6.5 per cent this year. Nguyen Ba Hung, principal country economist at the Asian Development Bank (ADB) in Vietnam, talked with VIR’s Thanh Tung about key momentum for the economy towards the year’s end.

Vietcap Securities raises $100 million in overseas loan

14-08-2023 14:22

Vietcap Securities has successfully secured a $100 million capital-backed loan from Mega International Commercial Bank, underscoring its growth ambitions and strengthening its financial standing.

BAC A BANK wins Priority Services of the Year award

11-08-2023 17:40

Bac A Commercial Joint-Stock Bank (BAC A BANK) has been presented with the Priority Services of the Year Award at VIR’s 2023 Vietnam Wealth Advisor Summit (VWAS).

Banks witness bleak profit results

11-08-2023 14:47

Throughout the first half of this year, many banks – particularly smaller entities – have witnessed a sharp reduction in their profits.

World Bank forecasts growth of 4.7 per cent in 2023

11-08-2023 10:18

According to the latest report by the World Bank, Vietnam’s economy is expected to grow by 4.7 per cent in 2023, with a slow recovery to 5.5 per cent in 2024 and 6 per cent in 2025.

Foreign investors amplify stake in Saigonbank

11-08-2023 09:14

In a recent trading surge, foreign investors have acquired a significant proportion of Saigonbank's (SGB) shares, boosting their overall stake to 14.8 per cent.

VWAS 2023: Swimming in the vortex

08-08-2023 17:28

The Vietnam Wealth Advisor Summit (VWAS) 2023 is taking place in Pullman Hanoi on August 8, under the theme "Swimming in the Vortex."

Factors affecting bank profit outlook this year

08-08-2023 10:17

Although the profit picture of most banks was upbeat in the first half of this year, the factors that have a key impact on bank performance in the second half are forecast to change.

BAC A BANK supports next generation

07-08-2023 21:00

With the new 2023-2024 school year here, many banks have launched individual credit packages for education and training purposes, with BAC A BANK exclusively offering attractive products and programmes to parents and students of the TH School system.