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Economists cautious on interest rate adjustments

16-01-2023 15:59

As Vietnam’s government has raised its inflation target to 4.5 per cent for 2023, policymakers are required to maintain a cautious stance on monetary policy.

Lenders elevate charter capital moves

16-01-2023 15:44

There have been positive signals of increased charter capital activities at commercial banks in recent weeks, especially those with state capital.

Modest bank growth projected this year

16-01-2023 15:30

Last year saw major changes in the banking industry, with total assets of the commercial bank group growing strongly, and most banks entering the race to diversify services. In 2023, challenges lie ahead in the context of a downturn in the real estate cycle and a less positive outlook for exports.

Japan, US, Australia to assist Vietnam in decarbonisation

13-01-2023 15:23

Government-backed financial institutions from Japan, the US, and Australia have pledged to support Vietnam's efforts to cut carbon emissions, according to the chairman of the Japan Bank for International Cooperation (JBIC).

Banks anticipate upward momentum in 2023

12-01-2023 14:22

Bank profit is anticipated to be stellar in Q4/2022, with the financial announcement season to take place after the Lunar New Year holiday, providing a catalyst for the industry to advance.

Lenders search for further credit room

12-01-2023 11:36

As the gap widens among banks in terms of profit growth, on-year credit growth remains an important driver for banks, as it makes the largest contribution to pre-tax profit growth. Thus, banks are looking for an allocation of credit room this year.

World Bank says Vietnam's GDP growth to moderate in 2023

11-01-2023 11:05

Vietnam's GDP growth is projected at 6.3 per cent in 2023, according to the latest Global Economic Prospects report by the World Bank.

Shares open week in red, liquidity slips

10-01-2023 14:50

Shares inched higher on the first day of the week on the Ho Chi Minh Stock Exchange, propped up by Vietcombank’s gain while other blue chips weakened.

Property slowdown unlikely to become systemic crisis

05-01-2023 17:09

The current property crisis in Vietnam is not likely to be systemic because of the real estate sector’s moderate size and limited links to the banking sector, according to a recent report.

China’s FDI inflows to Vietnam to increase: Agriseco

05-01-2023 16:46

Foreign direct investment (FDI) inflow from China to Vietnam is expected to rise as China is to reopen its doors and resume flights between the two countries, according to Agribank Securities Company (Agriseco).

Cake efforts make sweet gains

05-01-2023 12:52

Though newly established, leveraging significant investment in technology, Cake by VPBank has emerged as one of Vietnam's top digital banks in terms of customer growth and service quality.

Green credit initiatives urged to push ahead development

05-01-2023 10:45

Given stringent domestic capital mobilisation, Vietnam’s banks are turning into international financial institutions for growth expansion, particularly to strengthen their sustainable and environmentally friendly loan portfolios.

Potential for 6.6 per cent GDP growth in 2023

04-01-2023 18:05

Overall growth momentum is likely to moderate further this year, as policy tightening from major central banks weighs on external demand. With that, UOB has kept its 2023 GDP growth forecast at 6.6 per cent.

BAC A BANK launches e-banking promotion scheme

04-01-2023 18:00

BAC A BANK has launched an attractive promotion for customers who open an online account and register for e-banking through its mobile app or at the bank’s transaction counters.