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Pepperl+Fuchs establishes sustainable factory in Vietnam
15-03-2023 10:55
Pepperl+Fuchs announced the inauguration of a new sustainable manufacturing facility in Vietnam, which has been financed with a $15 million green loan from Deutsche Bank.
Tech advancement to boost bank prospects
14-03-2023 14:53
Only banks with a knack for technology may be willing to shift towards sustainable development in an efficient manner, industry leaders say.
Plenty of room for digital transformation in banking
14-03-2023 14:49
Digital transformation is a process, not a destination. Nguyen Chien Thang, director of the BIDV Digital Banking Development Centre, spoke with VIR’s Hong Dung about the potential rewards.
$5 billion credit package authorised for the real estate sector
13-03-2023 17:52
A new government resolution has tasked the State Bank of Vietnam (SBV) with overseeing the execution of a $5 billion lending scheme and coordinating with commercial banks to ease the burdens in the property sector and promote development.
VIB to announce dividend payment plans at its upcoming AGM
13-03-2023 17:51
After six years of implementing strong and extensive strategic transformation, Vietnam International Bank (VIB) has marked important milestones in its journey to becoming the leading retail bank in Vietnam.
Credit growth slowing down, raising fear of business contraction
13-03-2023 14:47
Credit growth in the first months of this year slowed significantly due to high interest rates and firms’ poor health, raising concerns about rising bad debts.
BAC A BANK launches new pro-business initiative
10-03-2023 21:29
BAC A BANK has implemented a credit incentive programme to assist businesses applying for short-term loans. This is in response to calls from the State Bank of Vietnam (SBV) to create more favourable conditions that will optimise investment and development opportunities.
Masan secures $650 million syndicated loan
10-03-2023 12:07
On March 10, Masan Group Corporation announced the completion of the roadshow for a $650 million syndicated loan, underwritten by BNP Paribas, Credit Suisse, HSBC, Standard Chartered Bank, and United Overseas Bank.
Just the beginning for real estate sector restructuring
10-03-2023 08:00
More than $52 billion is due to banks and bondholders from real estate groups in the Vietnamese market. VIR’s Bich Ngoc spoke with Xavier Jean, senior director of Corporate Ratings at S&P Global Ratings, on the possible path the government and enterprises can take.
Stable lenders to lead to interest in stocks
09-03-2023 15:47
Identifying the risk factors of the banking system can open up prospects to invest in banking stocks this year, industry experts are saying, while banks themselves are urged to take provisioning activities into consideration.
Study reveals Vietnam’s banks need more women in leadership roles
08-03-2023 10:02
While women make up 60 per cent of the entry-level workforce in Vietnam’s banks, less than a third make it to senior management positions, according to a new study by the International Finance Corporation (IFC) in partnership with the State Bank of Vietnam (SBV).
BAC A BANK offers special gifts to female customers
03-03-2023 18:00
To honour its close customers, and especially women on the occasion of Women's Day, BAC A BANK is implementing a special programme offering gifts to female customers nationwide.
Vietnam joins largest SME festival in Berlin
02-03-2023 16:54
Four Vietnamese firms - Bamboo Airways, VinFast, Vietnam Airlines, and Vietin Bank - are joining the small- and medium-sized (SME) businesses’ day held by the German Association for Small and Medium-sized Businesses (BVMW) on March 1.
Real estate bailout eyes credit recovery
01-03-2023 16:00
The Vietnamese government and banks have developed a strategy to improve the credit status of Vietnamese real estate businesses by offering a $5 billion loan package.
Exchange rate spike not deemed an imminent threat
01-03-2023 10:00
The USD exchange rate on the morning of February 24 on the free market and banks both increased sharply compared to the previous session, exceeding the threshold of VND24,000.
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