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Commercial banks asked to lend more for production and business
23-11-2022 21:48
The State Bank of Vietnam (SBV) requires credit institutions with room to actively disburse loans for production and business, especially in priority areas.
Honouring M&A deals and consulting firms in 2021-2022
23-11-2022 18:16
With the theme "Igniting new opportunities", the M&A Forum 2022 honoured 10 outstanding M&A deals in 2021-2022 and 12 outsanding M&A advisory firms. The winning deals were in a range of business fields, including banking and finance, F&B, retail, manufacturing, heathcare, e-commerce, and real estate.
Citi named Vietnam’s Best Digital Corporate Bank
23-11-2022 16:34
Citi claimed the top spot as Vietnam’s Best Digital Corporate/Institutional Bank in the World’s Best Digital Bank Awards 2022 by Global Finance.
LienVietPostBank and Dai-ichi Life Vietnam sign exclusive 15-year agreement
23-11-2022 10:13
On November 22, LienVietPostBank and Dai-ichi Life Insurance Company of Vietnam (Dai-ichi Life Vietnam) held the signing ceremony for the exclusive bancassurance agreement at JW Marriott in Hanoi.
Baemin Vietnam and Shinhan Bank launch co-branded credit card
22-11-2022 19:57
BAEMIN Vietnam application has officially partnered with Shinhan Bank to launch a co-branded credit card named "Gourmet Member" with a credit limit of VND100 million (about $4,000).
Hunt for fresh land banks taking off across key regions
22-11-2022 15:58
A series of large real estate projects have been bought up by investors as they move towards assets in second-tier cities, with land availability limited in major urban areas.
Credit growth high amid hikes in LDR
22-11-2022 15:00
Most of the listed commercial banks in the country recorded a sharp increase in the loan/deposit ratio (LDR) at the end of the third quarter of 2022 compared to last year.
Recession threat for 2023 as interest rates continue to rise
22-11-2022 13:27
Despite overcoming the pandemic much better than most other countries, Vietnam is not exempt of another sort of virus that is creeping into the country: inflation. While European Union countries recorded an unprecedented 10.9 per cent in September, a number unheard of for the Euro currency so far, the US recorded 9.1 per cent in June, the highest figure in 40 years.
Textile enterprises face difficulties in 2023
18-11-2022 06:59
The economic downturn and high inflation in many major export markets exerts difficulties on Vietnam’s textile exporters for 2023.
Debt obligations and fund access head banking issues
17-11-2022 16:53
Vietnam’s banking sector is likely to experience a bumpy road ahead. Tran Thi Khanh Hien, research director of VNDIRECT Securities Corporation, spoke with VIR’s Hong Dung about the outlook for the sector.
VIB likely to increase its foreign ownership limit to 30 per cent
17-11-2022 08:30
Vietnam International Commercial Joint Stock Bank (VIB) has announced the final registration date to finalise the list of shareholders to collect written opinions, including the content of adjusting the foreign ownership limit (FOL).
Another leader of VIB continues to register to buy two million shares
16-11-2022 14:49
Tran Nhat Minh, deputy CEO cum head of Banking Technology Services at VIB has just registered to buy two million shares for long-term investment purposes.
Visa adds Google Wallet capabilities in Vietnam
15-11-2022 12:11
Visa, the world’s leader in digital payments, is launching Google Wallet for cardholders in Vietnam in partnership with ACB, Sacombank, Shinhan Bank, Techcombank, TPBank, Vietcombank, and VPBank. With the launch, Android and Wear OS users will be able to enjoy secure and convenient digital payments with a single tap of their smart device.
VIB’s leader registers to buy 1.5 million shares
15-11-2022 10:53
Ho Van Long, deputy CEO and CFO at Vietnam International Bank (VIB), has just registered 1.5 million shares.
SMBC spends over $9 million to scoop up SmartNet shares
15-11-2022 09:13
Sumitomo Mitsui Banking Corporation (SMBC) has inked a deal to form a capital alliance with Smart Net Trading Service JSC (SmartNet) with the purchase of shares valued at $9.36 million.
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