tough year expected for banks in 2023

Tough year expected for banks in 2023

With a dim outlook for the banking industry, most securities firms forecast that banks will post conservative profit growth in 2023.
most important priority in 2023 to ensure liquidity

Most important priority in 2023 to ensure liquidity

Nguyen Thi Hong, Governor of the State Bank of Vietnam (SBV), affirmed that the highest priority of monetary policy in 2023 was to ensure liquidity and maintain the stability in the banking system.
banking sector suffers difficulties in 2022

Banking sector suffers difficulties in 2022

The State Bank (SBV) has looked back on the many difficulties for the sector in 2022, which relate to a number of areas, including credit, exchange rate, and liquidity.
top 10 international events in 2022

Top 10 international events in 2022

Russia's military campaign in Ukraine, central banks raising interest rates, the global population reaching 8 billion, and the World Cup in Qatar are among the top stand-out international events in 2022.
looking ahead to a bumper business year

Looking ahead to a bumper business year

To mark the new year, business leaders share their stories about how their businesses have overcome a challenging 2022, as well as their development plans and expectations for the next 12 months and beyond in Vietnam.
producing policy to protect growth

Producing policy to protect growth

Vietnam continues to weather the storms affecting the global economy. Andrea Coppola, World Bank’s lead economist, spoke with VIR’s Hong Dung to evaluate Vietnam’s ongoing economic performance.
developers seeking further support in approaching loans

Developers seeking further support in approaching loans

Many real estate businesses are concerned about the feasibility of approaching loans despite the State Bank of Vietnam increasing the credit room, simultaneously requiring commercial banks to reduce payable interest.
profits not yet forthcoming for commercial lenders

Profits not yet forthcoming for commercial lenders

Impacted by a number of factors, banking activities slowed down in the fourth quarter of 2022, causing speculation over local banks’ profits.
financial institutions role in lending to domestic banks

Financial institutions’ role in lending to domestic banks

The Vietnamese banking system has had to contend with a myriad of internal and external factors in 2022. Andrew Jeffries, country director of the Asian Development Bank in Vietnam, told VIR’s Hong Dung about the current liquidity situation and explained how businesses can access loans from major financial institutions.
high risk sectors to face strict credit restrictions

High-risk sectors to face strict credit restrictions

The State Bank of Vietnam is requiring credit institutions and foreign bank branches to execute credit and interest rate policies properly, as per a new document.
legal streamlining required for business support package

Legal streamlining required for business support package

While businesses are thirsty for capital, removing legal obstacles is now essential to enable the confidence of businesses, commercial banks, and local authorities to unlock resources for growth and production.
vbsp 20 years on the journey of poverty reduction

VBSP: 20 years on the journey of poverty reduction

Over the 20 years of its establishment and development, Vietnam Bank for Social Policies (VBSP) has promoted its role as an economic leverage tool for the government to help the poor and other policy beneficiaries gain access to policy credit to develop production, create jobs, raise incomes, and improve living conditions.
corporate culture determines the success of every business

Corporate culture determines the success of every business

It is not salary and bonus but the culture of an enterprise that is considered the key factor in determining the attachment of employees and creating a stable working environment, according to companies in areas from construction to banking and finance.
vib leads industry in top 50 most effective companies in vietnam

VIB leads industry in 'Top 50 Most Effective Companies in Vietnam'

During the recent ceremony to recognise the 'Top 50 Most Effective Business Companies in Vietnam in 2022,' eight banks with outstanding business performance and sustainable growth rates were named: VIB, Vietcombank, ACB, MB, VPBank, Techcombank, TPBank and SHB.
tpbank to raise cash from international investors

TPBank to raise cash from international investors

Hanoi-based TPBank is in talks with some international investors in an effort to raise funds for its expansion in 2023.