ifc promotes vietnamese supplier linkages with multinationals

IFC promotes Vietnamese supplier linkages with multinationals

Vietnamese suppliers will now receive the support they need to become suppliers for multinational enterprises, who often require high-value and international-standard production.
new technologies to prevent anti money laundering activities

New technologies to prevent anti-money laundering activities

When financial transactions grow rapidly in size and variation, banks are required to work together and invest more in advanced technologies to combat money laundering.
cashless transformation requires top payment security

Cashless transformation requires top payment security

As the Asia-Pacific is going ahead in the transformation from cash to digital payments, payment security has risen as a key focus for payment providers, banks, governments and consumers, according to Visa.
a cashless economy on the horizon

A cashless economy on the horizon

Vietnam is making every effort to promote a cashless economy, with a focus on the development of digital payments so as to reach out to a wider demographic. Hard work has been put into the plan’s supportive processes, including a legal framework to follow suit and attention paid to the security and safety of e-banking, mobile banking, and digital transactions.
fortress tools leads the way to the stock exchanges

Fortress Tools leads the way to the stock exchanges

Foreign-funded firm Vietnam Fortress Tools JSC is joining other companies of its kind on the local stock exchanges, leveraging the growth of Vietnam’s capital market and possibly leading a new trend of foreign-invested firms going public in the near future.
new vpbank app makes dreams come true

New VPBank app makes ‘Dreams’ come true

VPBank has launched its latest app called ‘Dream,’ providing customers with advice and solutions to conveniently manage their personal finances to help them realise their dreams in a smart and efficient manner.
green bonds prop up state eco fund

Green bonds prop up state eco-fund

While financial resources are constrained from the state side, channelling investment into green projects through the issuance of green bonds may be what it takes for the economic development of the ASEAN bloc in general and Vietnam in particular to be greener and  more socially and environmentally sustainable.
moodys affirms vinacomins b3 rating amid slower coal export

Moody’s affirms Vinacomin’s B3 rating amid slower coal export

Moody’s Investors Service has affirmed the B3 corporate family rating for state-owned Vinacomin Holding Corporation Limited, with its outlook remaining stable, on the back of slower coal exports.
international know how to help local fruit exports

International know-how to help local fruit exports

Vietnam has gained a licence to export fresh rambutan to the fastidious market of New Zealand. For more export success, local fresh fruit producers and farmers must leverage international know-how to enhance their produce quality in order to meet global standards.
tpbank could issue convertible bonds to foreign investors

TPBank could issue convertible bonds to foreign investors

As TPBank has virtually no room left for foreign investors, the bank is thinking of issuing convertible bonds to interested parties to whip up more capital.
new zealand gives go ahead to fresh vietnamese rambutan

New Zealand gives go-ahead to fresh Vietnamese rambutan

Vietnam has officially become one of the first nations to export fresh rambutan to New Zealand, with the first shipments of the fruit to be sent in the near future to join dragon fruit and mango on the shelves of Kiwi supermarkets.   
moodys upgrades rating of four banks in vietnam

Moody’s upgrades rating of four banks in Vietnam

Moody’s Investors Service has upgraded the long-term local currency deposit and local- and foreign-currency issuer ratings of ACB, MB Bank, and Techcombank from B2 to B1, while affirming the long-term local and foreign-currency deposit and issuer ratings of VPBank at B2 and upgrading its BCA to b2 from b3.
south korean banks entering vietnam in wake of fdi surge

South Korean banks entering Vietnam in wake of FDI surge

Inspired by many South Korean businesses and investors making a splash in Vietnam, many South Korean financial institutions are seeking to further invest or shore up their operations here. And it is not only South Korean businesses, but local ones too that such investors are aiming at.
hsbc firms favour home as protectionism bites

HSBC: Firms favour ‘home’ as protectionism bites

Although rising protectionism is a concern to businesses worldwide, they are optimistic about international business prospects, a new report from HSBC called ‘Navigator: Now, next and how for business’ shows.
moodys vietnams credit profile reflects robust growth

Moody's: Vietnam's credit profile reflects robust growth

Moody’s Investors Service said in its latest announcement that the Vietnamese government’s B1 positive credit profile reflects the economy’s robust growth, supported by the country’s increasing competitiveness and rapid transition to higher value-added production.