06-08-2019 09:34
In addition to fluctuating business performance, 2019’s first half also saw thousands of staff leave from some banks.
02-08-2019 09:41
Some banks have unexpectedly announced they would cut interest rates on Vietnamese dong loans in the Government’s priority sectors to support firms in 2019, starting from today.
31-07-2019 10:34
Some banks have recovered trillions of Vietnamese dong in bad debt by selling off assets secured with non-performing loans in the first half of 2019.
30-07-2019 10:53
Authorities have announced a list of transactions that will have to be made via banks in some areas in a move to boost non-cash payments.
22-07-2019 09:15
Vietnamese small- and medium-sized enterprises now have a new option for working capital loans, driven by a partnership between banks and fintech companies. Dr Sian Wee Tan and Vihang Patel, cofounders of Singaporean fintech firm Finaxar, which just launched its Vietnam subsidiary Finaxar VN LLC, talked to VIR’s Nam Phuong about this new lending model and why it is different from other offers in the Vietnamese financial market.
20-07-2019 08:05
A number of commercial banks have disclosed positive results for the first six months of 2019.
19-07-2019 14:47
Enterprises can borrow money in Vietnamese dong (VND) and then purchase foreign currency for payment when they need the capital to import input materials, say commercial banks.
15-07-2019 21:37
Resident and non-resident foreigners in Viet Nam are still permitted to make term deposits at local banks despite some banks saying they would not accept savings deposits from individual foreign customers, the State Bank of Viet Nam has said.
03-07-2019 10:42
Commercial banks are offering more low-interest loans with long repayment terms for household solar-energy projects.
02-07-2019 16:40
Vietnamese shares dropped on Tuesday morning, dragged by banks, petro firms and real estate companies.
25-06-2019 08:15
Banks in Vietnam race to offer loans for household solar energy projects, using low interest rates and long repayment periods as incentives.
20-06-2019 11:20
The State Bank of Viet Nam (SBV) has recently made public a draft circular on safety limits for banks and called for public comment on the proposed changes. The circular would tighten regulations on lending, especially in the high-end real estate segment.
19-06-2019 19:37
The transition to IFRS 9 will be challenging, but with careful preparations, the changes that this reporting standard brings might turn into opportunities for banks, experts from PwC and SAS said at a workshop held in Hanoi yesterday.
18-06-2019 08:20
The long-awaited listing of many large Vietnamese banks has once again been delayed as banks wait for market conditions to improve.
15-06-2019 11:54
Digital banking is inevitable for Vietnamese banks and building trust is critical in the development of the new business model, experts said at a conference on Friday.