mb appoints pham nhu anh as ceo

MB appoints Pham Nhu Anh as CEO

With a strong foundation built on academic excellence and a formidable professional track record, Pham Nhu Anh assumes the role of new CEO at Military Commercial Joint Stock Bank (MB), poised to steer the bank towards greater achievements.
fpt smart cloud sets its sights on indonesia unleashing ai innovation to transform financial market

FPT Smart Cloud sets its sights on Indonesia: unleashing AI innovation to transform financial market

Armed with a rich portfolio of AI-driven solutions and backed by an illustrious track record, FPT Smart Cloud aims to empower businesses, optimise operations, and foster sustainable growth across various sectors, particularly the banking, finance and insurance industries in Indonesia – the largest economy in the Southeast Asia.
pvcombank launches its multichannel payment service

PVcomBank launches its multichannel payment service

PVcomBank has launched its multichannel payment service in collaboration with Visa and Vietpay Technology, a member of UK-based multinational group Nexxo Ventures Ltd.
vpbank provides effective support for fies

VPBank provides effective support for FIEs

In a fresh move, the innovative Hanoi-based commercial lender VPBank has reiterated its focus on promoting the foreign direct investment (FDI) landscape in Vietnam through a cooperative deal with its strategic partner, Sumitomo Mitsui Banking Corporation (SMBC), to develop and supply an inclusive suite of solutions to support foreign-invested enterprises (FIEs) landing ventures in Vietnam.
direction clearer in weak bank overhaul

Direction clearer in weak bank overhaul

Decisive action taken by Vietnam’s central bank on restructuring failing banks signifies a considerable stride towards revamping and fostering a sound financial landscape.
lenders adjust as real estate giants revive ventures

Lenders adjust as real estate giants revive ventures

Some banks are strategically adapting lending practices and risk management approaches to address the complexities and risks associated with real estate-related credit, particularly for large-scale property developers.
vir conference certain sectors remain magnets for fdi

VIR conference: Certain sectors remain magnets for FDI

Certain sectors, namely manufacturing, energy, real estate, tourism, education, and banking remain attractive targets for foreign direct investment (FDI).
charter capital of banks to increase sharply in 2023

Charter capital of banks to increase sharply in 2023

Many banks plan to increase their charter capital in 2023 in order to ensure operational safety and have more resources for business development.
agribank to receive vnd17 trillion charter capital boost

Agribank to receive VND17 trillion charter capital boost

On the morning of May 13, the National Assembly Standing Committee convened its 23rd session to discuss the provision of supplementary charter capital amounting to VND17.1 trillion ($743.5 million) for Agribank.
bank lending interest rates will be cut at appropriate time sbv chief

Bank lending interest rates will be cut at appropriate time: SBV chief

Reducing interest rates, maintaining interest subsidies, hiking credit limits, and providing unsecured loans to manufacturing businesses are among the demands made by businesses in the south-eastern region to the State Bank of Vietnam (SBV).
thien long partners with hsbc on digitalisiation

Thien Long partners with HSBC on digitalisiation

Thien Long Group (TLG), in cooperation with its long-term banking partner HSBC, is accelerating the pace of its digitalisation journey by developing a fully automated Integrated Payables Solution and a seamless Integrated Receivables Management Solution.
shinhan bank and nguyen hoang group forge educational financing partnership

Shinhan Bank and Nguyen Hoang Group forge educational financing partnership

Shinhan Vietnam Joint Stock Commercial Bank (Shinhan Bank) inked a strategic collaboration with Nguyen Hoang Group (NHG), an educational company in Vietnam, on May 11 to offer an interest-free tuition fee financing programme.
techcombank confident about 2025 targets despite headwinds

Techcombank confident about 2025 targets despite headwinds

Despite several temporary headwinds, Techcombank is staying consistent in the third year of its five-year transformation journey, with medium-term objectives and targets remaining unchanged.
lienvietpostbank contributes 2million to unis hanoi educational programmes

Lienvietpostbank contributes $2million to UNIS Hanoi educational programmes

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.
vietnam is one of the most attractive destinations for asia to asia investment flows

Vietnam is one of the most attractive destinations for Asia-to-Asia investment flows

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.