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Bad debts continue to soar at commercial banks

06-02-2023 12:21

The rate of bad debt is rising at commercial banks and is expected to increase further amid real estate market woes.

Optimism abounds for more positive scenarios in macroeconomic forecasts

06-02-2023 12:14

In 20 reports from major investment banks in the world on 2023’s outlook, inflation and recession were mentioned with high frequency. However, investment opportunities in Vietnam may still appear in the first quarter.

Gauging efficient investment channels for the year

06-02-2023 11:55

Looking back on 2022, right from the outset of the year, the economy rebooted strongly, reflected in economic growth data and banks’ lending practice. Yet by the end of the year, there were signs growth slowing due to the impacts from external and internal factors on the economy.

ECB hikes rates again, vows more in March

03-02-2023 11:00

The European Central Bank raised interest rates again Thursday and signalled it would "stay the course" with an identical hike next month, even as the outlook in the eurozone brightens.

BAC A BANK opens new bond issuance

31-01-2023 14:36

With the aim to diversify its investment portfolio and optimise the benefit of customers, BAC A BANK is offering 25.646 million bonds from January 30 to February 27.

VIB records 32 per cent increase in 2022 profits

31-01-2023 11:22

Vietnam International Bank (VIB) has announced its business results in 2022 with pre-tax income of over $459.75 million, up 32 per cent against the previous year. Its return on equity (ROE) performance is consistently over 30 per cent.

Central bank sets rules on transfer of money abroad for sponsorship, assistance purposes

31-01-2023 11:14

The State Bank of Vietnam has issued new regulations on cases of purchasing, sending, and bringing foreign currencies abroad for sponsorship and assistance purposes of organisations.

BAC A BANK’s user-friendly experience

25-01-2023 15:00

In a bid to provide its customers the best experiences and services, Bac A Commercial Joint Stock Bank (BAC A BANK) has been deploying user-friendly high-tech solutions.

Vietnam’s economy steadfast amid the headwinds

23-01-2023 22:39

The government and people of Vietnam well deserve their achievement of the highest economic growth record in more than a decade. Despite global economic concerns, inflationary pressure, currency depreciation and other current challenges, Vietnam’s economy grew at 8.02 per cent in 2022, according to the General Statistics Office. That was higher than the government’s initial target of 6-6.5 per cent, and Vietnam remains one of the fastest-growing economies in the region.

Making growth greener

22-01-2023 23:02

Completing the legal corridor is one of the important foundations to assist the flow of capital into green economic developments. Dao Minh Tu, Standing Deputy Governor of the State Bank of Vietnam, talked to VIR’s Hong Dung about the importance of green credits to economic recovery.

Expectations on the horizon

21-01-2023 23:45

The world steps into 2023 brimmed with great expectations as well as concerns amid the challenging development path ahead. Economist Nguyen Tri Hieu scrutinised with VIR’s Dinh Thuy the major challenges Vietnam’s economy will face, particularly in the finance-banking sector.