global banking crisis is vietnam at risk

Global banking crisis: Is Vietnam at risk?

During the pandemic, commercial banks in developed economies like the United States and EU struggled to find companies that welcomed their money for investment. Even the historical low interest rates could not convince companies to invest in new projects or new technologies.
hdbank continues solid growth

HDBank continues solid growth

HDBank will continue its growth trajectory as its outstanding loans of real estate and corporate bond holdings are among the lowest in the banking industry in 2022.
asean affirms its role as epicentrum of growth

ASEAN affirms its role as epicentrum of growth

As part of the first ASEAN Finance Ministers and Central Bank Governors' Meeting (AFMGM) held from March 28-31 in Bali, the host country Indonesia organised AFMGMs with the ASEAN-US Business Council (ASEAN-US ABC), the EU-ASEAN Business Council (EU ABC), and the ASEAN Business Advisory Council (ASEAN ABAC) on March 29.
central bank cuts policy interest rates to spur growth

Central bank cuts policy interest rates to spur growth

The State Bank of Vietnam (SBV) announced it would reduce several policy interest rates from April 3, the second cut within one month, the regulator announced on its website March 31 night.
high level asean seminar talks aligning policies for climate transition

High-level ASEAN seminar talks aligning policies for climate transition

As part of the first ASEAN Finance Ministers and Central Bank Governors’ Meeting (AFMGM) 2023 in Bali on March 30, Indonesia organised a high-level seminar themed “Aligning Policies for Climate Transition” to support the message of sustainable development, one of the ASEAN priority economic deliverables (PED) this year.
asean looks towards net zero emissions

ASEAN looks towards net zero emissions

The Asian Development Bank (ADB) and ASEAN Catalytic Green Finance Facility jointly held the Southeast Asia Development Symposium themed “Imagining a net-zero ASEAN” in Indonesia’s Bali on March 30.
adb agrees on loans for important projects in can tho

ADB agrees on loans for important projects in Can Tho

The Asian Development Bank (ADB) has agreed on loans for important projects in the Mekong Delta city of Can Tho.
central banks in asean discuss economic priorities

Central banks in ASEAN discuss economic priorities

The ASEAN Central Bank Deputies Meeting (ACDM) took place on March 28 in Indonesia to discuss the priority economic deliverables (PEDs) in 2023.
sci tech firms finding it hard to borrow

Sci-tech firms finding it hard to borrow

Science and technology firms are still finding it hard to acquire bank loans, even though they are categorised among priority groups to borrow.
masan group draws down first tranche of its 650 million syndicated loan

Masan Group draws down first tranche of its $650 million syndicated loan

Masan Group has successfully drawn down the first tranche of its $650 million syndicated loan, despite the volatile global banking market.
patience favoured before action on usd deposit interest rates

Patience favoured before action on USD deposit interest rates

Although foreign businesses have proposed a removal of the zero USD deposit interest rate, insiders say the central bank’s hands are currently tied.
horea proposes extension of repayment schedules for businesses

HoREA proposes extension of repayment schedules for businesses

The Ho Chi Minh City Real Estate Association (HoREA) suggests permitting enterprises with secured assets to receive loans from banks to repay bondholders.
vietnamese banks urged to embrace green financing

Vietnamese banks urged to embrace green financing

Green growth and sustainable development have become a new trend in the banking sector. Bruce Delteil, managing partner of McKinsey & Company Vietnam, shares his views on how Vietnamese banks can take advantage of the opportunities in these areas.
banks expanding share over borders

Banks expanding share over borders

Several Vietnamese lenders are tapping into other dynamic economies and aiding Vietnamese enterprises operating in cross-border trading activities.
developments for vietnam to watch in midst of bank crisis

Developments for Vietnam to watch in midst of bank crisis

The banking system is bracing for difficulties after the events surrounding Silicon Valley Bank, Credit Suisse, and others. Patrick Lenain, senior associate at the Council on Economic Policies, shared his views on what should Vietnam watch for during this period.