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Search Results: 1,137 results for keyword "banks".
Exchange rate surpasses VND25,800 as pressure builds
25-03-2025 14:00
Commercial banks have simultaneously raised the VND-USD exchange rate, which has now exceeded the VND25,800 per dollar threshold. Since the beginning of 2025, the exchange rate at major state-owned lender Vietcombank has increased by 1.07 per cent.
MB, HDBank, and VPBank to lift foreign ownership limit
21-03-2025 19:21
A new governmental decree covering the purchasing of shares in Vietnamese credit institutions by foreign investors has increased the ability of some commercial banks to seek more investment from overseas.
Banks cut rates to boost business
21-03-2025 16:27
According to the Monetary Policy Department under the State Bank of Vietnam (SBV), 23 different commercial banks adjusted their interest rates between February 25 and March 18.
Vietnam’s economy forced to navigate rough seas this year
21-03-2025 09:00
Vietnam is widely expected to outperform its ASEAN peers in 2025. International organisations and global banks have predicted that GDP growth will fall within the 6.5-7 per cent range, boosted by continued growth of export manufacturing, including new investments in semiconductor assembly, packaging, and testing.
More bank support to come in form of credit packages
18-03-2025 14:46
Banks will place a strong focus on small traders and consumer lending this year, especially for social housing, to drive economic growth while supporting key sectors.
Sweden’s Vilja makes its foray into Vietnam to support digital banking
14-03-2025 09:00
Nordic cloud-native core banking solutions provider Vilja has announced its expansion into Vietnam following the establishment of its ASEAN headquarters and development centre in Kuala Lumpur, Malaysia.
XTransfer and Ouribank Join Forces to Empower Businesses and Boost Cross-border Trade in Brazil
13-03-2025 18:02
XTransfer, the world-leading and China's No.1 B2B Cross-Border Trade Payment Platform, and Ouribank, one of Brazil's leading foreign exchange banks, have entered into a comprehensive partnership.
VinFast ties up with BNI to accelerate green transportation in Indonesia
12-03-2025 10:55
VinFast signed an MoU with PT Bank Negara Indonesia (Persero) Tbk (BNI), one of Indonesia’s leading banks, on March 10 to accelerate green transportation.
Banks adjust to balance and cut costs
10-03-2025 14:33
With simultaneous interest rate cuts and accelerated credit disbursement, banks are fuelling Vietnam’s economic breakthrough, driving towards the ambitious targets of 8 per cent GDP growth and 16 per cent credit expansion this year.
Banking sector faces liquidity challenges amid rate cuts
03-03-2025 10:43
On February 25, the SBV held a meeting with credit institutions to address strategies for stabilising deposit interest rates. As a result, banks such as Eximbank, BVBank, KienlongBank, the Maritime Bank of Vietnam (MSB) and VietBank have announced new deposit interest rate schedules, with the highest reduction reaching up to 0.7 per cent per year.
Positive rate movement following government commitment
27-02-2025 18:04
Banks have taken swift action to reduce their deposit rates following a meeting with the central bank (SBV) on implementing measures to stabilise deposit rates on February 25.
Domestic banks strengthen international partnerships
27-02-2025 11:15
With central banks worldwide returning to monetary easing, the potential influx of cheap capital may drive domestic banks to pursue opportunities abroad.
Banks pressured to supply capital for public projects
27-02-2025 11:08
Credit institutions continue to bear responsibility for providing capital to meet development demand, with a particular focus on the nation’s key public projects.
Lenders make radical shifts in workforce structures
27-02-2025 10:06
Banks have adopted significant shifts in their workforce structures to optimise expenses and enhance profits.
New 'Super Yield' account launched by VIB
26-02-2025 18:45
Managing personal finances no longer requires in-depth investment knowledge. With banks like VIB leveraging cutting-edge technologies in digital banking, optimising idle funds has never been easier.
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