23-06-2023 18:58
In an exclusive interview with VIR’s Luu Huong, Yulanda Chung, head of Sustainability, Institutional Banking Group at DBS Bank discussed how the bank has embraced the opportunity in Vietnam to harness the power of banking to create a positive impact.
23-06-2023 18:51
In a recent global research report, Standard Chartered Bank forecasts Vietnam’s second quarter (Q2) GDP growth to have slowed to 1.5 per cent on-year, from 3.3 per cent in Q1. This poses downside risks to its 6.5 per cent growth forecast for 2023. However, a rebound is expected in the second half of 2023.
23-06-2023 18:46
To welcome the visit of President Yoon Suk Yeol and a delegation of over 200 large Korean enterprises to Vietnam, HDBank has officially launched the 'Korea Desk', a department providing specialised banking products, services, and advisory support for Korean corporate customers in Vietnam.
23-06-2023 18:00
The General Department of Taxation has issued a letter requesting commercial banks and other credit institutions to provide transaction information, account balances, and data as requested by the directors of local tax departments.
23-06-2023 11:10
2023 is seen by the banking industry as a challenging year as they have to continue to share resources and help cushion pressure on businesses amid slowing global economic growth.
22-06-2023 10:06
Vietnam's property equity index has experienced a significant decline of around a half since January, according to a recent report on East Asian bond markets released by the Asian Development Bank (ADB).
22-06-2023 09:26
The bancassurance sector is facing challenges amid many partnerships and complaints, requiring stricter regulations and improved governance to restore customer trust.
21-06-2023 16:34
Vietnam is among the six ASEAN economies forecast to grow by 4.2 per cent in 2023, outpacing the global gross domestic product (GDP) growth of 2 per cent, according to Maybank Group president and chief executive officer (CEO) Datuk Khairussaleh Ramli.
21-06-2023 15:00
By harnessing the power of chip-embedded ID cards, AI, and reliable population data, banks in Vietnam are reinforcing security measures and revolutionising banking services for their customers.
21-06-2023 11:34
Low credit demand might be an early indicator that bad debt will increase. Nguyen Thi Phuong, deputy general director of Agribank, talked to VIR’s Nhue Man about the issue in the domestic market.
21-06-2023 08:00
The finance and banking sector cannot develop strongly without the media. Nguyen Tu Anh, director general of the Department of General Economic Issues under the Central Economic Commission, spoke to VIR’s Nhue Man about the role of the media in macro stability, particularly in finance and banking.
20-06-2023 10:00
For nearly 30 years, BAC A BANK has been underlining the importance of nurturing sustainable development via its green credit activities and taking good care of its staff.
19-06-2023 11:55
The extension of the strategic bancassurance partnership between the two businesses underscores the objective of both sides to bolster future confidence for Vietnam’s bancassurance sector.
19-06-2023 10:46
The Asia Securities Industry and Financial Markets Association (ASIFMA) has lauded Vietnam's stock market as it approaches the status of an emerging market. However, amid the promising growth, there remains a crucial bottleneck that foreign depository banks are eager to see resolved.
19-06-2023 09:34
South Korean technology firm Fintwin Corporation took part in the 'K-Global@Vietnam 2023' event on June 8 n Ho Chi Minh City. This was the first time the K-Global event was held in Vietnam, after previously being held in China and the US.