27-12-2022 18:03
With the surge of foreign capital inflow and rapid expansion of the economy during recent years, VietinBank stands out as a pioneering bank financing major projects focused on enhancing existing infrastructure in Vietnam, fostering economic growth and sustainable development.
27-12-2022 09:48
The State Bank of Vietnam (SBV) has just issued Document No.8930/NHNN-TTGSNH dated December 20, approving Public Vietnam Bank's eligibility to operate another branch in the country.
23-12-2022 11:06
Lifting the credit room may be a temporary solution. Tran Thi Khanh Hien, director of VNDirect’s Analysis Division, talked to VIR’s Hong Dung about the central bank’s move on credit.
21-12-2022 09:07
The Asian Development Bank (ADB) signed a $107 million financial package with BIM Wind Power JSC, a subsidiary of BIM Group, to support the operation of an 88MW wind farm in Ninh Thuan province on Vietnam’s southcentral coast.
19-12-2022 14:30
With the achievements of Industry 4.0, digital transformation has become a strong movement in all sectors in recent years. Finance-banking is one of the sectors prioritised in digital transformation since it is one of the backbones playing a vital role in the national economy, as stated in the National Digital Transformation Programme towards 2025, with an orientation to 2030.
19-12-2022 10:21
Personal finance management is highly important to all. David Jimenez Maireles, deputy CEO of TNEX, the first digital-only bank in Vietnam honoured in the Global Top 100 Digital Banks 2022 by The Asian Banker, explained to Hong Thuy why expertise for this and digital banks are instrumental to promoting sustainable economic development.
17-12-2022 09:00
Vietnam Maritime Commercial Joint Stock Bank and Proparco, a development finance institution partly owned by the French Development Agency, inked a loan cooperation agreement worth $30 million with a 5-year term on December 16. This agreement is set to support financial resources for Vietnam's green projects.
16-12-2022 16:53
The commercial banking sector is rapidly evolving through digitalisation. Nguyen Ngoc Hoang, director and digital innovation lead for KPMG in Vietnam, looks at what the future of the commercial banking landscape looks like, and what commercial banks should do to stay competitive.
16-12-2022 12:16
Around the world, central banks are increasingly worried about climate change. Rising temperatures, lengthy droughts, weather disasters and high sea levels have deep economic and financial consequences. Pierre Monnin, senior fellow and Patrick Lenain, senior associate of the Council on Economic Policies, share their view on what the State Bank of Vietnam can do to limit those risks.
14-12-2022 14:56
The Asian Development Bank trimmed its economic growth forecast for developing Asia on Wednesday, with China's pandemic lockdowns, slowing global demand and the Russian invasion of Ukraine seen as limiting the region's prospects.
14-12-2022 14:47
US central bankers open the second day of a key policy meeting Wednesday, with mounting anticipation of a smaller hike to its benchmark lending rate as inflation showed signs of easing.
13-12-2022 16:02
Disgraced cryptocurrency tycoon Sam Bankman-Fried was arrested Monday in the Bahamas at the request of the United States, according to US officials seeking to charge him after the spectacular collapse of his FTX platform.
08-12-2022 17:03
Bank for Investment and Development of Vietnam (BIDV) launched BIDV SMEasy digital platform to support SMEs. The platform is sponsored by the Asian Development Bank (ADB), while MVV Academy is a consulting and development unit.
07-12-2022 09:36
Although banking profits are expected to grow slower in Q4/2022 and in the first half of 2023, experts still have an optimistic outlook on bank stocks in the short term.
06-12-2022 21:00
The State Bank of Vietnam has raised the domestic banking system’s credit growth by 1.5-2.0 percentage points from the previous 14 per cent limit on December 5.