02-12-2019 08:00
Issued in 2018, Circular No.13/2018/TT-NHNN of the State Bank of Vietnam has a raft of requirements, including ICAAP, forcing banks to re-consider their business model toward higher integration.
28-11-2019 16:22
On November 27, locally-invested BAC A BANK received the “Outstanding Bank for Green Credit Award” within the Vietnam Outstanding Banking Awards 2019 (VOBA) co-organised by International Data Group (IDG) and the Vietnam Banks Association.
26-11-2019 15:00
Economic development has improved living standards – at times at the expense of the environment. As green development is becoming an imperative, financial institutions – particularly banks – are earning high regard with their green credit approach.
20-11-2019 16:58
The credit agreements reinforce the growing relationship between Vietjet and regional banks to diversify capital sources.
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.