11-04-2019 16:35
The State Audit Office of Vietnam (SAV) will audit the accounts of Vietinbank, BIDV, VAMC, and 18 other joint-stock commercial banks for their performance in resolving bad debts.
11-04-2019 10:00
A majority of credit institutions in the country said their business performance in the first quarter of 2019 was better than the same period last year, according to the State Bank of Vietnam's March survey released late last week.
05-04-2019 11:21
Foreign financial institutions were eyeing up poorly-performing Vietnamese banks after being given the green light to acquire stakes in local institutions in a move to speed up the restructuring of the country’s banking industry, according to banking expert Nguyen Tri Hieu.
01-04-2019 17:28
A question being asked by many experts now is why banks are joining a race to increase deposit interest rates though there is no ostensible liquidity shortage.
01-04-2019 12:24
The Government should help Vietnamese banks lure capital and experience from prestigious foreign banks so as to help local firms develop sustainably, experts said.
29-03-2019 10:07
The Comprehensive and Progressive Trans-Pacific Partnership is expected to bring in fresh opportunities for international banks in Vietnam, as well as possible merger and acquisition deals with local partners.
25-03-2019 08:00
In order to enhance competitiveness and transparency, two major lenders have begun using the Vietnam National E-Procurement System to bid online for construction and goods supply contracts for their projects.
25-03-2019 08:00
Innovative technologies, changing customer demands, and shifting regulatory landscapes are transforming the global banking industry. John Garvey (left), Global Finanical Services leader of professional services firm PwC, and Grant Dennis (right), general director of PwC Consulting Vietnam, discuss the impact of these trends on Vietnamese banks and their shift towards a more customer-centric and digital mindset.
20-03-2019 10:46
Banks have to mobilise long-term capital at high costs by issuing certificates of deposit (CD) in Vietnamese dong with high interest rates to lure depositors, causing concerns about a domino effect on lending rates.
15-03-2019 09:45
Vietnamese shares ended Thursday on a positive note with extended growth among commercial banks, but stronger selling hindered the market’s short-term prospects.
10-03-2019 14:42
The latest regulatory requirements make it impossible for banks to continue delaying their listing plans.
08-03-2019 17:48
The improved business performance of Vietnamese banks and a Government regulation to require local banks to meet stricter capital regulations as part of Basel II standards is spelling the start of a wave of foreign investment into the country’s finance and banking sector in 2019, experts said.
06-03-2019 17:33
“Banks will need to be on the cutting edge of technology and make sure that customers’ needs are ingrained in every offering,” PwC’s global financial services leader John Garvey advised local bank leaders at “The Future of Banking” event held by PwC Consulting Vietnam in Hanoi today (March 6, 2019).
03-03-2019 14:43
With high profitability and a strong rebound, local banks are becoming tempting targets for foreign investors mulling over stake purchase deals.
03-03-2019 12:02
Banks and insurance companies are ramping up co-operation in selling life insurance products (bancassurance) to cash in on the high growth segment as some have posted annual triple-digit growth rates in the business.