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.
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.
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.
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.
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.
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.
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.
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.
10-07-2024 11:00
Vietnamese banks are significantly increasing their charter capital to strengthen financial stability and support growth.
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.
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).
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.
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.
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.
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.