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.
04-10-2019 10:42
Passing over other banks, Techcombank ranks third among the top 500 most profitable companies in 2019 published by the Vietnam Report.
04-10-2019 10:13
Experts suggested firms use more derivative instruments, such as futures and forward contracts, to minimise exchange rate risks when they can no longer borrow the US dollar from commercial banks, starting early this month.
02-10-2019 11:00
Shinhan Vietnam Finance Co., Ltd., a fully foreign-owned consumer finance company, has announced that it has become the 66th member of the Vietnam Banks Association (VNBA), effective from September 26, 2019 regarding VNBA approval No.31/QD-HHNH.
21-09-2019 11:25
Ha Long city of the northern coastal province of QuangNinh, located on the banks of the UNESCO World Heritage Site of Ha Long Bay, is still a popular tourist attraction with nearly 7.15 million visitors in the first eight months of this year, up 22 percent year on year.
18-09-2019 14:24
The State Bank of Viet Nam (SBV) has warned local commercial banks to improve control of loans that use savings books as collateral to ensure the safety of the banking system.
11-09-2019 15:16
Profit growth of Vietnamese banks in 2019 is forecast to be lower than last year, but experts say this should not be cause for concern.
03-09-2019 09:04
A conference meant to link up banks with companies in the Mekong Delta was held in Can Tho City on August as part of efforts to ease the difficulties small and medium-sized enterprises in the region have in accessing credit.
27-08-2019 09:36
The State Bank of Viet Nam (SBV) has instructed local banks to better control risks in corporate bond investment, especially bonds of real estate firms.
26-08-2019 18:59
Banks' customers are being targeted by new phishing attacks by criminals posing as bank officials and asking customers for their one-time password (OTP).
23-08-2019 09:48
Several banks have recently announced they would recruit a large number of personnel to meet their business expansion plans in the last quarter of the year - the busiest time for banks.
16-08-2019 11:06
Commercial banks will no longer allow the provision of mid- and long-term foreign currency loans for offshore payments of imported goods and services from September 30 this year.