25-09-2017 08:39
Leaving Ngoi Village, a beautiful and pristine village on the banks of Hoa Binh Lake, we were eager to discover Lung Van.
23-09-2017 09:34
Four commercial banks inked a deal here on Thursday to provide VND5.4 trillion (US$23.75 million) in credit for the expanded Vinh Tan 4 thermoelectric project.
22-09-2017 09:15
The State Bank of Viet Nam (SBV) has approved the extension of credit growth limits for many commercial banks to support the country’s economic growth.
21-09-2017 15:19
The latest proposal to tax an individual’s income from the interest accrued from the savings deposited in banks has become a bone of contention between the parties concerned.
18-09-2017 16:33
Five commercial banks have been selected to pilot a 24/7 e-tax payment scheme from November this year.
17-09-2017 13:41
The latest instructions from Le Minh Hung, Governor of the State Bank of Viet Nam (SBV), require credit institutions and commercial banks in Viet Nam to strictly comply with the SBV’s regulations on mobilising capital in foreign currencies and not offer interest rates exceeding the ceiling levels.
14-09-2017 10:24
Bank stocks cooled down on Wednesday but the benchmark VN-Index still hit a new 10-year peak at 802.78 points, equivalent to an increase of 0.36 per cent over the previous session.
13-09-2017 09:00
BEIJING: Branches of China's biggest banks have suspended financial transactions for North Koreans, employees told AFP, suggesting that Beijing has pursued stronger measures against its nuclear-armed ally than previously thought.
11-09-2017 13:00
State Bank of Việt Nam statistics show that the average capital adequacy ratio (CAR) of the banking sector has been consistently falling since the beginning of this year.
06-09-2017 22:38
Vietnam is a potential market for the financial technology (fintech) industry as it seems that the close cooperation between fintech enterprises and banks will accelerate the growth of financial services in Vietnam, thereby bringing significant benefits to clients.
06-09-2017 16:25
Commercial banks will be allowed to trade and provide foreign exchange services related to the casino business from next month.
03-09-2017 14:14
Cross-ownership in Vietnamese banks will be controlled with stringent new regulations.
29-08-2017 09:01
The speedy repossession of collateral is a credit-positive step for Vietnamese banks, which continue to grapple with legacy asset-quality issues caused by rapid credit growth and loose underwriting standards of the past decade, Moody’s Investors Services said in a note on Monday.
24-08-2017 13:40
If approved, the new regulation will force weak credit institutions to be acquired by stronger competitors assigned by the State Bank of Vietnam (SBV), and letting those who fail to recover to face bankruptcy.
21-08-2017 17:06
The introduction of International Financial Reporting Standards (IFRS) 9, effective from January 1, 2018, marks one of the most significant accounting changes that banks are facing today.