16-07-2017 13:04
The State Bank of Vietnam is drafting a new circular that will allow non-residents with presence in the country to make deposits in both the Vietnamese dong and foreign currency at local banks without residency requirement.
15-07-2017 09:51
Viet Nam has 13 commercial banks listed among the Top 1000 World Banks 2017 released recently by The Banker, the global financial intelligence agency since 1926.
14-07-2017 09:24
Commercial banks which have cut interest rates for short-term lending following the State Bank of Viet Nam’s cue might suffer a further decline in the net interest margin (NIM), experts said.
13-07-2017 20:47
Numerous commercial banks have reported rising profits in the first half of 2017. However, experts have raised concerns over this growth.
05-07-2017 11:31
Commercial banks in Vietnam are racing to develop their retail banking segment, heating up the competition in the market.
03-07-2017 15:30
Shares rose further on both local markets on Monday morning, boosted by banking-finance companies.
30-06-2017 09:17
PARIS: The French government will open a tribunal in Paris to handle financial cases in English in an effort to attract more American banks after Brexit, a top official said on Thursday (Jun 29).
26-06-2017 14:57
Since the beginning of this year the shares of many banks have appreciated significantly, with the increases ranging from 8 per cent to even 80 per cent.
24-06-2017 11:44
For the first time, a Vietnamese company has successfully developed a real-time billing system (OCS) for telecommunication networks, a product similar to banks’ core banking system, but larger in scale and complexity.
22-06-2017 11:25
Shares declined for the first time in the last three days as banks lost momentum on Wednesday on rising profit-taking pressure after a long rally.
20-06-2017 11:41
Shares ended Monday on a positive note as banks reacted to information that the new bad debt settlement resolution will likely be approved by the National Assembly this week.
19-06-2017 13:46
Although commercial banks have yet to release their financial reports for the second quarter of 2017, many of them revealed their operating results in the first five or six months of 2017. Accordingly, some small and medium-scale banks overtook the giants of the Vietnamese banking industry in terms of profit growth.
18-06-2017 17:16
A banking-enterprises link-up programme in HCM City has enabled 4,138 businesses to borrow over VND124.3 trillion (US$5.5 billion) from banks in the first five months of this year, a conference heard on Friday.
17-06-2017 09:32
To successfully deploy big data in the banking sector, there must be a comprehensive strategy using professional teams who have deep understanding of both finance and technology, said Nguyễn Kim Anh, Deputy Governor of State Bank of Việt Nam.
16-06-2017 09:33
The increasing interest rates on house buying and housing repair loans at commercial banks raise worries about the liquidity of the Vietnamese economy.