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Search Results: 7,447 results for keyword "bank".
Compulsory e-signature might be cost burden: banking association
15-07-2024 17:02
The Vietnam Banking Association has sent a document to the Ministry of Information and Communications with regard to the draft decree on electronic signatures, saying that if they are made compulsory in banking transactions, it might become a cost burden to both users and enterprises.
Banks pump over 18.88 billion USD into economy in June
15-07-2024 16:39
Banks lent more than 480 trillion VND (18.88 billion USD) to economic entities in June, demonstrating the sector’s efforts in concretising the Government’s credit goal of 5-6 per cent to the end of Q2.
Interest rate hike may not be suitable answer
15-07-2024 15:00
Raising interest rates amid low credit growth will negatively impact the economy and are not the optimal solution for stabilising the current high exchange rate, economists have said.
Deposit interest rates continue to rise
13-07-2024 13:29
Banks have continued to raise deposit interest rates to the highest levels seen in the past year, with some banks offering over 6 per cent per annum.
Advantech Vietnam secures a $314,000 loan from JBIC
12-07-2024 18:55
Japan Bank for International Cooperation (JBIC) has signed a loan agreement with Tokyo-headquartered Advantech Co. Ltd., the parent company of Advantech Vietnam.
VPBank and IFC to offer $150 million to coffee exporters
12-07-2024 18:53
A major Vietnamese bank and the International Finance Corporation (IFC) have collaborated to provide $150 million in supply chain financing for coffee-exporting companies in Vietnam.
MB committed to supporting South Korean businesses
12-07-2024 09:41
Luu Trung Thai, chairman of Military Commercial Joint Stock Bank (MB), reaffirmed the bank's commitment to developing a comprehensive digital platform to enhance interaction efficiency and expand opportunities for the South Korean business community investing in Vietnam.
VinFast seeks $250 million loan from Indonesian banks for Subang Assembly plant
12-07-2024 09:30
According to a report on July 10 by Bloomberg, VinFast, the Vietnamese electric vehicle (EV) manufacturer, is seeking a loan of approximately $250 million from Indonesian banks to construct an assembly plant in Subang.
Banks continuing to plan cautious growth
10-07-2024 11:00
Vietnamese banks are significantly increasing their charter capital to strengthen financial stability and support growth.
Lenders stress importance of biometric measures
10-07-2024 09:23
The Vietnamese banking sector’s implementation of biometric verification for transactions has significantly enhanced payment safety and fraud prevention, despite initial technical challenges and substantial resource requirements.
Vietcombank preparing to sell 6.5 per cent stake to Mizuho and other shareholders
09-07-2024 12:00
Vietcombank is preparing for a private placement of 6.5 per cent of its charter capital to strategic shareholder Mizuho and a number of other shareholders, according to ACB Securities (ACBS).
Understanding bank profit trends and cost structures
09-07-2024 11:25
Credit growth has been sluggish in the first six months compared to the State Bank of Vietnam’s target, and there was a strong correlation between credit growth and bank profitability.
Block B gas field development project obtains $832 million in Japanese loans
09-07-2024 11:04
The Japan Bank for International Cooperation (JBIC) and private lenders will provide loans totaling $832 million for the Block B gas field development project, contributing towards resource development by Japanese companies and the promotion of energy transition in Vietnam.
VIB first bank in Vietnam to deploy AWS Skill Builder to enhance cloud computing capabilities
08-07-2024 09:58
Vietnam International Bank (VIB) has announced it has integrated Amazon Web Services (AWS) Skill Builder, an online learning centre designed to provide role-based training and learning plans for workers to build in-demand cloud skills, into its cloud computing training programme.
Denmark accuses bank of laundering 3.5 bn euros for Russians
05-07-2024 16:13
Denmark has charged the Nordic bank Nordea with laundering 3.5 billion euros ($3.8 billion) for Russian clients, the country's financial prosecutors said Friday.
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