11-06-2019 09:57
Vietnam’s increasing demand for energy, and the country’s large opportunities in wind energy, has caused many investors to turn their attention to Vietnam over the past few years. Katie O’Connell, associate of ACSV Legal Vietnam, explains that with a more bankable feed-in tariff and a subsequent increase in security for banks and investors, the wind industry is expected to open up for many more projects that may now come to fruition.
08-06-2019 10:49
A plan to allow large Vietnamese State-owned commercial banks to pay dividends in shares or retain dividends would help them accumulate capital and meet regulatory minimum capital thresholds, Fitch Ratings said on Friday.
07-06-2019 09:09
Banks will assess environmental pollution risks when granting loans to projects in some industries, according to a State Bank of Viet Nam (SBV) draft regulation.
03-06-2019 11:46
Replacing magnetic strip cards with chip cards is expected to resolve the long-going security issues affecting bank cards, resulting in loss of money and personal data leaks in banks.
03-06-2019 09:49
More than 100 senior leaders and experts from Vietnam’s leading financial institutions last week took part in a seminar on Artificial Intelligence application in Vietnamese retail banking in Hanoi, organised by Trusting Social and the Vietnam Banks Association.
31-05-2019 08:00
Nearly 30 domestic and foreign financial experts, together with hundreds of representatives from banks and financial organisations, took part in Banking Vietnam 2019 themed on comprehensive finance in the development of cashless economy in Hanoi.
30-05-2019 10:00
Cheaper renewables, improved technology, and risks over reputation, financial performance, and the environment are driving transition. Tim Buckley, director of Energy Finance Studies at the Institute for Energy Economics and Financial Analysis of Australasia, writes about Asian banks joining the growing number of major financial institutions exiting coal – now 112 and counting.
29-05-2019 11:35
Green credit is off to a good start in Vietnam, as more banks become willing to fund sustainable projects in an effort to diversify their incomes.
29-05-2019 10:55
The escalating US-China trade tensions and China’s currency devaluation have cast adverse impacts on interest rates in the local banking system, with deposit rates approaching new highs.
29-05-2019 10:38
Recently, foreign investors have been ramping up their presence in the Vietnamese market, with foreign banks in particular expressing eagerness to jump on the mergers and acquisitions (M&A) bandwagon in the banking sector.
28-05-2019 21:08
The Vietnam Bank Card Association, in collaboration with the National Payment Corporation of Vietnam (NAPAS) and 7 commercial banks, launched the first domestic chip cards on May 28.
24-05-2019 10:24
Viet Nam's interbank e-payment system handled 37 million transactions worth nearly VND21 quadrillion (US$898.4 billion) in the first quarter of the year, up 23 per cent and 17.8 per cent respectively compared to 2018, according to the State Bank of Viet Nam (SBV).
23-05-2019 10:46
Vietnam is seeking for opportunities to grow its fintech market from foreign direct investment (FDI), and South Korea is by far one of the most promising strategic partners to boost fintech innovation thanks to its large number of commercial banks operating in Vietnam.
21-05-2019 13:38
Irrecoverable debts kept increasing in 2019’s first three months and currently account for more than 50 per cent of the 22 banks’ bad debts.
20-05-2019 15:52
Vietnamese shares advanced on Monday morning, driven by securities firms, banks and petroleum companies.