vbsp 20 years on the journey of poverty reduction

VBSP: 20 years on the journey of poverty reduction

Over the 20 years of its establishment and development, Vietnam Bank for Social Policies (VBSP) has promoted its role as an economic leverage tool for the government to help the poor and other policy beneficiaries gain access to policy credit to develop production, create jobs, raise incomes, and improve living conditions.
corporate culture determines the success of every business

Corporate culture determines the success of every business

It is not salary and bonus but the culture of an enterprise that is considered the key factor in determining the attachment of employees and creating a stable working environment, according to companies in areas from construction to banking and finance.
vib leads industry in top 50 most effective companies in vietnam

VIB leads industry in 'Top 50 Most Effective Companies in Vietnam'

During the recent ceremony to recognise the 'Top 50 Most Effective Business Companies in Vietnam in 2022,' eight banks with outstanding business performance and sustainable growth rates were named: VIB, Vietcombank, ACB, MB, VPBank, Techcombank, TPBank and SHB.
tpbank to raise cash from international investors

TPBank to raise cash from international investors

Hanoi-based TPBank is in talks with some international investors in an effort to raise funds for its expansion in 2023.
vietinbank honoured with project infrastructure finance deal of the year award

VietinBank honoured with ‘Project Infrastructure Finance Deal of the Year’ award

With the surge of foreign capital inflow and rapid expansion of the economy during recent years, VietinBank stands out as a pioneering bank financing major projects focused on enhancing existing infrastructure in Vietnam, fostering economic growth and sustainable development.
malaysias public bank vietnam opens new branch in ho chi minh city

Malaysia’s Public Bank Vietnam opens new branch in Ho Chi Minh City

The State Bank of Vietnam (SBV) has just issued Document No.8930/NHNN-TTGSNH dated December 20, approving Public Vietnam Bank's eligibility to operate another branch in the country.
the short term implications of sbv credit room lift

The short-term implications of SBV credit room lift

Lifting the credit room may be a temporary solution. Tran Thi Khanh Hien, director of VNDirect’s Analysis Division, talked to VIR’s Hong Dung about the central bank’s move on credit.
bim group and adb sign 107 million clean energy package

Bim Group and ADB sign $107 million clean energy package

The Asian Development Bank (ADB) signed a $107 million financial package with BIM Wind Power JSC, a subsidiary of BIM Group, to support the operation of an 88MW wind farm in Ninh Thuan province on Vietnam’s southcentral coast.
neobanking a trend setting model for the digital revolution

Neobanking: a trend-setting model for the digital revolution

With the achievements of Industry 4.0, digital transformation has become a strong movement in all sectors in recent years. Finance-banking is one of the sectors prioritised in digital transformation since it is one of the backbones playing a vital role in the national economy, as stated in the National Digital Transformation Programme towards 2025, with an orientation to 2030.
comprehensive finance to underpin vietnams sustainabble growth

Comprehensive finance to underpin Vietnam’s sustainabble growth

Personal finance management is highly important to all. David Jimenez Maireles, deputy CEO of TNEX, the first digital-only bank in Vietnam honoured in the Global Top 100 Digital Banks 2022 by The Asian Banker, explained to Hong Thuy why expertise for this and digital banks are instrumental to promoting sustainable economic development.
msb inks 30 million loan agreement with proparco on green projects

MSB inks $30 million loan agreement with Proparco on green projects

Vietnam Maritime Commercial Joint Stock Bank and Proparco, a development finance institution partly owned by the French Development Agency, inked a loan cooperation agreement worth $30 million with a 5-year term on December 16. This agreement is set to support financial resources for Vietnam's green projects.
the future of commercial banking

The future of commercial banking

The commercial banking sector is rapidly evolving through digitalisation. Nguyen Ngoc Hoang, director and digital innovation lead for KPMG in Vietnam, looks at what the future of the commercial banking landscape looks like, and what commercial banks should do to stay competitive.
how the sbv deals with climate risks

How the SBV deals with climate risks

Around the world, central banks are increasingly worried about climate change. Rising temperatures, lengthy droughts, weather disasters and high sea levels have deep economic and financial consequences. Pierre Monnin, senior fellow and Patrick Lenain, senior associate of the Council on Economic Policies, share their view on what the State Bank of Vietnam can do to limit those risks.
adb cuts developing asia growth projection on china slowdown

ADB cuts developing Asia growth projection on China slowdown

The Asian Development Bank trimmed its economic growth forecast for developing Asia on Wednesday, with China's pandemic lockdowns, slowing global demand and the Russian invasion of Ukraine seen as limiting the region's prospects.
us fed expected to slow pace of rate hikes as inflation eases

US Fed expected to slow pace of rate hikes as inflation eases

US central bankers open the second day of a key policy meeting Wednesday, with mounting anticipation of a smaller hike to its benchmark lending rate as inflation showed signs of easing.