21-04-2018 11:00
Many Korean investors and leaders from the authorities, as well as investment funds, investment banks, and insurance companies gathered at Vietnam’s Investment Promotion Conference in Seoul on April 18, hosted by the Vietnamese Ministry of Finance.
21-04-2018 10:51
EY’s Global Banking Outlook 2018 shows that 85 per cent of banks name the implementation of a digital transformation programme as a business priority for 2018.
19-04-2018 08:52
The International Monetary Fund urged central banks on Wednesday (Apr 18) to take a gradual and transparent approach to tightening monetary policy, warning that unexpected moves could shock the global economy.
16-04-2018 21:49
Real estate lending continued to remain high at more than 10 per cent of the total outstanding loans in several banks.
16-04-2018 10:38
Many banks have recently reduced deposit interest rates by 0.2-0.4 percentage points against earlier this year due to good capital mobilisation amidst the credit slowdown.
10-04-2018 13:26
The first trial for the rigging of the Euribor lending rate, which has forced major banks to pay out billions, got underway in London on Monday (Apr 9).
09-04-2018 15:25
The Ministry of Finance (MOF) wants the State Bank of Vietnam (SBV) to instruct commercial banks to withhold taxes from transactions with Facebook and Google, but SBV said it is not authorized to do so.
09-04-2018 11:54
Moody’s Investors Service has upgraded the long-term local currency deposit and local- and foreign-currency issuer ratings of ACB, MB Bank, and Techcombank from B2 to B1, while affirming the long-term local and foreign-currency deposit and issuer ratings of VPBank at B2 and upgrading its BCA to b2 from b3.
09-04-2018 09:51
Credit institutions and foreign banks will be allowed to grant loans to some prioritised borrowers in excess of lending limits regulated by law beginning next month.
07-04-2018 14:00
Inspired by many South Korean businesses and investors making a splash in Vietnam, many South Korean financial institutions are seeking to further invest or shore up their operations here. And it is not only South Korean businesses, but local ones too that such investors are aiming at.
07-04-2018 13:46
In order to comply with the new amendment on holding dual posts in commercial banks and enterprises, leaders of various banks, including LienVietPostBank and Nam A Bank took leave, signalling huge changes in the banks' board of directors (BOD).
05-04-2018 18:28
Over the first quarter of 2018, scores of Vietnam-based commercial banks reported million dollar profits despite an overall sluggish market.
05-04-2018 11:33
Treading in Vietcombank’s footsteps, banks are stepping up efforts to buy back bad debts from state-owned Vietnam Asset Management Company to cushion the bad debt threat.
04-04-2018 13:48
One year after Chu Lai Soda Processing JSC (Chu Lai Soda) suspended its operations, former employees are still looking for work and banks are still out to collect debts worth VND2 trillion ($88.1 million).
03-04-2018 18:43
Unlike in previous years, founding financial firms or boosting consumer loans has not been among the hot topics at banks’ annual general shareholders’ meetings this year.