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Central bank cuts policy interest rates to spur growth
02-04-2023 17:19
The State Bank of Vietnam (SBV) announced it would reduce several policy interest rates from April 3, the second cut within one month, the regulator announced on its website March 31 night.
High-level ASEAN seminar talks aligning policies for climate transition
31-03-2023 17:21
As part of the first ASEAN Finance Ministers and Central Bank Governors’ Meeting (AFMGM) 2023 in Bali on March 30, Indonesia organised a high-level seminar themed “Aligning Policies for Climate Transition” to support the message of sustainable development, one of the ASEAN priority economic deliverables (PED) this year.
ASEAN looks towards net zero emissions
31-03-2023 17:15
The Asian Development Bank (ADB) and ASEAN Catalytic Green Finance Facility jointly held the Southeast Asia Development Symposium themed “Imagining a net-zero ASEAN” in Indonesia’s Bali on March 30.
ADB agrees on loans for important projects in Can Tho
30-03-2023 17:01
The Asian Development Bank (ADB) has agreed on loans for important projects in the Mekong Delta city of Can Tho.
Central banks in ASEAN discuss economic priorities
30-03-2023 16:42
The ASEAN Central Bank Deputies Meeting (ACDM) took place on March 28 in Indonesia to discuss the priority economic deliverables (PEDs) in 2023.
Sci-tech firms finding it hard to borrow
30-03-2023 15:30
Science and technology firms are still finding it hard to acquire bank loans, even though they are categorised among priority groups to borrow.
Masan Group draws down first tranche of its $650 million syndicated loan
30-03-2023 14:46
Masan Group has successfully drawn down the first tranche of its $650 million syndicated loan, despite the volatile global banking market.
Patience favoured before action on USD deposit interest rates
29-03-2023 15:00
Although foreign businesses have proposed a removal of the zero USD deposit interest rate, insiders say the central bank’s hands are currently tied.
HoREA proposes extension of repayment schedules for businesses
29-03-2023 14:06
The Ho Chi Minh City Real Estate Association (HoREA) suggests permitting enterprises with secured assets to receive loans from banks to repay bondholders.
Vietnamese banks urged to embrace green financing
29-03-2023 14:00
Green growth and sustainable development have become a new trend in the banking sector. Bruce Delteil, managing partner of McKinsey & Company Vietnam, shares his views on how Vietnamese banks can take advantage of the opportunities in these areas.
Banks expanding share over borders
29-03-2023 12:00
Several Vietnamese lenders are tapping into other dynamic economies and aiding Vietnamese enterprises operating in cross-border trading activities.
Developments for Vietnam to watch in midst of bank crisis
29-03-2023 10:15
The banking system is bracing for difficulties after the events surrounding Silicon Valley Bank, Credit Suisse, and others. Patrick Lenain, senior associate at the Council on Economic Policies, shared his views on what should Vietnam watch for during this period.
Compliance rate rise bodes well for listed companies
29-03-2023 08:00
A fair share of listed companies are complying with requirements when it comes to utilising independent directors, a new report has shared.
Singapore promotes instant payment system connectivity in Southeast Asia
28-03-2023 11:06
The Monetary Authority of Singapore (MAS) said on March 23 that the Nexus Project prototype of the Bank for International Settlements (BIS) has successfully connected with the payment systems of Europe, Malaysia and Singapore.
VPBank announces SMBC as foreign strategic investor
27-03-2023 19:00
VPBank announced today that it has entered into an agreement with Japan’s Sumitomo Mitsui Banking Corporation (SMBC), a subsidiary of Sumitomo Mitsui Financial Group, Inc. (SMFG), to issue a 15 per cent equity stake through a private placement, officially welcoming SMBC as a foreign strategic investor of the bank.
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