24-05-2023 16:15
The State Bank of Vietnam (SBV) is set to further reduce regulatory interest rates on May 25, the third cut in a row since mid-March, expected to give a boost to the stagnant real estate market.
24-05-2023 10:00
VietinBank and MUFG Bank Ltd. have commemorated the 10-year strategic alliance that has enabled both organisations to support the growth of Vietnam’s banking sector and foster deeper Vietnam-Japan exchanges.
23-05-2023 17:06
Vietnam's Orient Commercial Joint Stock Bank (OCB) has just secured a substantial loan of $100 million from the prestigious International Finance Corporation (IFC).
23-05-2023 15:29
Remittances to Ho Chi Minh City are expected to reach 7 billion USD in 2023, an annual increase of about 6-7 per cent.
23-05-2023 12:05
Ho Chi Minh City Development Commercial Joint-Stock Bank (HDBank) has been on a journey of more than 30 years, contributing to the creation and development of Ho Chi Minh City.
23-05-2023 10:57
Vietnamese banks are increasingly expanding their investment in fund management and securities firms to diversify their services, unlock new revenue streams, and strengthen their competitive edge.
23-05-2023 09:58
Vietnam is leaning towards quality and more modern investing initiatives. Joon Suk Park, head of International Subsidiary Banking, Wholesale Banking at HSBC Vietnam, spoke to VIR’s Hong Dung about the key sectors for high-value funding in this country.
22-05-2023 17:43
Le Xuan Nghia, senior economist, shared his views on the possibility of interest rate movements in the months to come, and the potential impact on the banking system and the economy.
22-05-2023 15:25
Cambodia’s economy is on a recovery path, with growth predicted to accelerate to 5.5 per cent this year, according to a World Bank (WB) report.
22-05-2023 11:07
VPBank, together with strategic partner SMBC of Japan, aims to provide foreign customers with more comprehensive corporate financial services while taking care of their staff’s financial demands, thus contributing to their efforts to retain talented people and create high growth value in the long term.
22-05-2023 09:00
The recent report of the World Bank (WB) on Vietnam said that the economy was facing external headwinds as weakening external demand continues to weigh on exports, translating into weakening industrial production.
20-05-2023 10:00
As bad debts continue to pose a threat to the banking sector's performance, financial authorities are implementing a host of measures to keep tabs on credit quality and mitigate risk to optimise the efficiency of credit institution restructuring.
19-05-2023 15:59
At an investor-update meeting on May 18, Luu Thi Thao, deputy general director of VPBank, revealed that the bank has received a 10 per cent deposit from Japanese partner SMBC, as part of the $1.5 billion private placement agreement signed between the two banks.
19-05-2023 14:08
Deutsche Bank AG - Ho Chi Minh City branch's granted capital has been increased to $200.08 million and updated as per State Bank of Vietnam (SBV) Decision No.401/QD-HCM dated May 12, 2023.
19-05-2023 12:06
In a dazzling display of its commitment to digital innovation, Shinhan Bank Vietnam has been honoured with a prestigious certificate of merit at the 2023 Digital Transformation Event held in Hanoi by the State Bank of Vietnam. This recognition serves as a testament to the bank's remarkable achievements in spearheading the digital revolution within the banking sector.