banks speed up disbursement of vnd40 trillion interest subsidy package

Banks speed up disbursement of VND40 trillion interest subsidy package

Through credit packages with preferential interest rates, and products and services customised to each customer group’s needs, banks focus on helping enterprises access capital to restore production and business.
land assets failing to shift despite cuts

Land assets failing to shift despite cuts

The lack of related legal conditions, unclear information, and inappropriate prices are some of the problems that are rendering real estate units offered by banks unattractive to buyers.
extensions ease credit access for businesses

Extensions ease credit access for businesses

A round of fresh credit extensions for commercial banks is expected to help businesses obtain easier access to capital as they continue their post-pandemic recovery.
sbv adjusts credit growth targets for banks

SBV adjusts credit growth targets for banks

The State Bank of Vietnam (SBV) has announced adjustments to credit growth targets for banks in 2022.
moodys upgrades ratings of 12 vietnamese banks

Moody’s upgrades ratings of 12 Vietnamese banks

Moody's Investors Service has raised ratings of 12 Vietnamese banks following its upgrade of Vietnam's sovereign rating to Ba2 from Ba3.
sbv adjusts credit growth targets for banks

SBV adjusts credit growth targets for banks

The State Bank of Vietnam (SBV) has announced adjustments to credit growth targets for banks in 2022.
reference exchange rate down 18 vnd

Reference exchange rate down 18 VND

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,263 VND/USD on September 9, down 18 VND from the previous day.
sbv raises selling price of usd to 23700 vnd

SBV raises selling price of USD to 23,700 VND

The State Bank of Vietnam (SBV) decided to sharply increase the selling price of the US dollar by 300 VND to 23,700 VND/USD on September 7.
insurers show off digital led products

Insurers show off digital-led products

To simplify the purchasing process, insurance companies are in a race to launch new digital products while cooperating with the banking industry and e-commerce platforms.
credit tweak opens door for economic rejuvenation

Credit tweak opens door for economic rejuvenation

Credit institutions with ample financial buffers, sound risk management, and participation in weak banks’ restructuring journey would gain an upper hand in terms of higher-than-average loan ceilings.
visa extends partnership with vietnamese universities to promote practical money skills

Visa extends partnership with Vietnamese universities to promote Practical Money Skills

Visa, the world’s leader in digital payments, is partnering with the Faculty of Finance and Banking of the University of Economics and Business, Vietnam National University (VNU-UEB) to promote financial management skills among Vietnamese students.
dollar weighs on yen and euro as us stocks extend slump

Dollar weighs on yen and euro as US stocks extend slump

The euro and yen sunk to new multi-year lows against the dollar on Tuesday as investors focused on central bank efforts to contain surging inflation and fears of an economic slowdown.
acb one pro provides optimal financial solution for medium and large enterprises

ACB ONE PRO provides optimal financial solution for medium and large enterprises

ACB has debuted the ACB ONE PRO digital banking version aimed at serving medium and large firms with various optimal functions based on studies into clients’ specific demands.
vietnam expected to remain an fdi darling over long term

Vietnam expected to remain an FDI darling over long term

Foreign direct investment (FDI) has been transforming Vietnam into a rising star in global supply chains, and the country is expected to maintain its attraction to FDI companies in the long term.
be group receives loan of up to 100 million from deutsche bank

Be Group receives loan of up to $100 million from Deutsche Bank

Be Group JSC, the owner and developer of the on-demand multi-service consumer platform Be, secured a loan facility of up to $100 million from Deutsche Bank.