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SBV will continue providing capital for real estate sector
08-02-2023 17:32
Deputy Governor of the State Bank of Vietnam Dao Minh Tu has clarified that the bank has not restricted real estate loans, contrary to reports.
Central bank not tighten real estate credit: Deputy Governor
08-02-2023 16:30
The State Bank of Vietnam (SBV) has never issued any documents or statements ordering credit for real estate be tightened, Deputy Governor Dao Minh Tu said on February 8.
Committed to empowering a brighter future
07-02-2023 15:43
MUFG Vietnam believes empowering members of business and society to address environmental and social issues is an integral part of its mission. With that, we have been making relentless efforts to initiate conversations with clients and policymakers about the importance of transition finance.
Bad debts continue to soar at commercial banks
06-02-2023 12:21
The rate of bad debt is rising at commercial banks and is expected to increase further amid real estate market woes.
Optimism abounds for more positive scenarios in macroeconomic forecasts
06-02-2023 12:14
In 20 reports from major investment banks in the world on 2023’s outlook, inflation and recession were mentioned with high frequency. However, investment opportunities in Vietnam may still appear in the first quarter.
Gauging efficient investment channels for the year
06-02-2023 11:55
Looking back on 2022, right from the outset of the year, the economy rebooted strongly, reflected in economic growth data and banks’ lending practice. Yet by the end of the year, there were signs growth slowing due to the impacts from external and internal factors on the economy.
ECB hikes rates again, vows more in March
03-02-2023 11:00
The European Central Bank raised interest rates again Thursday and signalled it would "stay the course" with an identical hike next month, even as the outlook in the eurozone brightens.
BAC A BANK opens new bond issuance
31-01-2023 14:36
With the aim to diversify its investment portfolio and optimise the benefit of customers, BAC A BANK is offering 25.646 million bonds from January 30 to February 27.
VIB records 32 per cent increase in 2022 profits
31-01-2023 11:22
Vietnam International Bank (VIB) has announced its business results in 2022 with pre-tax income of over $459.75 million, up 32 per cent against the previous year. Its return on equity (ROE) performance is consistently over 30 per cent.
Central bank sets rules on transfer of money abroad for sponsorship, assistance purposes
31-01-2023 11:14
The State Bank of Vietnam has issued new regulations on cases of purchasing, sending, and bringing foreign currencies abroad for sponsorship and assistance purposes of organisations.
BAC A BANK’s user-friendly experience
25-01-2023 15:00
In a bid to provide its customers the best experiences and services, Bac A Commercial Joint Stock Bank (BAC A BANK) has been deploying user-friendly high-tech solutions.
Vietnam’s economy steadfast amid the headwinds
23-01-2023 22:39
The government and people of Vietnam well deserve their achievement of the highest economic growth record in more than a decade. Despite global economic concerns, inflationary pressure, currency depreciation and other current challenges, Vietnam’s economy grew at 8.02 per cent in 2022, according to the General Statistics Office. That was higher than the government’s initial target of 6-6.5 per cent, and Vietnam remains one of the fastest-growing economies in the region.
Making growth greener
22-01-2023 23:02
Completing the legal corridor is one of the important foundations to assist the flow of capital into green economic developments. Dao Minh Tu, Standing Deputy Governor of the State Bank of Vietnam, talked to VIR’s Hong Dung about the importance of green credits to economic recovery.
Expectations on the horizon
21-01-2023 23:45
The world steps into 2023 brimmed with great expectations as well as concerns amid the challenging development path ahead. Economist Nguyen Tri Hieu scrutinised with VIR’s Dinh Thuy the major challenges Vietnam’s economy will face, particularly in the finance-banking sector.
A lifestyle worth aspiring to at TNEX
19-01-2023 14:09
David Jimenez Maireles, deputy CEO of TNEX, the Vietnamese digital-only bank created by Maritime Bank, shared with VIR’s Hong Dung his life-changing mindset after coming to Vietnam to put on show his expertise.
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