11-05-2023 19:14
The United Nations International School of Hanoi is celebrating 35 Years of Learning to Inspire with a very special birthday gift from its newest philanthropic partner, Lienvietpostbank, supporting scholarships and educational programmes.
11-05-2023 12:22
Citi's newly appointed Asia-Pacific head of Global Network Banking (GNB) Stella Choe shared her views on Vietnam with VIR and why the country is a key market for Citi globally.
09-05-2023 20:00
The bankruptcy filing from Malaysian retailer Parkson Retail at the end of April has demonstrated the fierce competition among retail centres in Vietnam
09-05-2023 15:22
Banks have been steadily cutting deposit interest rates, which have reached around 8%, a move aimed at reducing lending rates to support businesses.
08-05-2023 16:13
The State Bank of Vietnam (SBV) has recently issued two circulars to support businesses and the real estate market in particular.
06-05-2023 12:30
The KBank branch in Ho Chi Minh City has announced that it has received approval from the State Bank of Vietnam (SBV) to increase its capital by more than 2.5 times, from $80 million to $285 million.
06-05-2023 12:10
Several banks have posted low profit growth in the first quarter (Q1) of this year, with some even seeing negative growth, mostly due to a spike in non-performing loans (NPLs), leading to soaring provisioning costs.
05-05-2023 12:00
Bank giant HSBC faces a vote by shareholders on Friday over a proposal by its largest stakeholder, Chinese insurer Ping An, to split the business to seek better returns.
05-05-2023 11:09
The Asian Development Bank (ADB) and Switzerland have signed a cofinancing agreement of up to 5 million USD to develop financial technologies (fintech) that can help address low financial inclusion in Vietnam, particularly among small and medium-sized enterprises (SMEs).
04-05-2023 15:58
MB Group and SBI Shinsei Bank officially inked a agreement on April 7 for the sharing of equity investment in MB Bank (Cambodia), a new commercial bank recently launched in Cambodia.
04-05-2023 10:00
The Vietnamese banking sector continues to be characterised by a dynamic merger and acquisition landscape, driven by domestic consolidation and foreign investment.
04-05-2023 09:17
The State Bank of Vietnam’s fresh set of policies are anticipated to ameliorate the financial strain faced by both creditors and debtors, as well as establish a robust legal framework for debt restructuring to be allocated over a two-year period.
04-05-2023 08:00
Consumer finance companies in Vietnam are facing significant challenges due to negative aggressive debt collection practices and unlicensed debt trading applications.
04-05-2023 08:00
As technology evolves and the Vietnamese economy matures, more innovative fintechs are embracing the benefits of next-generation technology and unique business models to reach underserved populations and provide them with the means to access banking and financial services quickly and conveniently. Pham Quang Minh, general manager at Mambu Vietnam, digs into such fresh business models, as well as the outlook for the country's digital technology.
04-05-2023 07:00
BAC A BANK last week successfully held its AGM for 2023 in the central province of Nghe An, with a series of issues discussed and resolved.