vietinbank honoured with project infrastructure finance deal of the year award

VietinBank honoured with ‘Project Infrastructure Finance Deal of the Year’ award

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.
malaysias public bank vietnam opens new branch in ho chi minh city

Malaysia’s Public Bank Vietnam opens new branch in Ho Chi Minh City

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.
the short term implications of sbv credit room lift

The short-term implications of SBV credit room lift

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.
bim group and adb sign 107 million clean energy package

Bim Group and ADB sign $107 million clean energy package

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.
neobanking a trend setting model for the digital revolution

Neobanking: a trend-setting model for the digital revolution

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.
comprehensive finance to underpin vietnams sustainabble growth

Comprehensive finance to underpin Vietnam’s sustainabble growth

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.
msb inks 30 million loan agreement with proparco on green projects

MSB inks $30 million loan agreement with Proparco on green projects

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.
the future of commercial banking

The future of commercial banking

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.
how the sbv deals with climate risks

How the SBV deals with climate risks

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.
adb cuts developing asia growth projection on china slowdown

ADB cuts developing Asia growth projection on China slowdown

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.
us fed expected to slow pace of rate hikes as inflation eases

US Fed expected to slow pace of rate hikes as inflation eases

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.
disgraced crypto tycoon bankman fried arrested in bahamas

Disgraced crypto tycoon Bankman-Fried arrested in Bahamas

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.
mvv academy accompanies bidv to launch sme digital platform

MVV Academy accompanies BIDV to launch SME digital platform

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.
undervalued banks winning bet for investors

Undervalued banks winning bet for investors

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.
central bank to raise credit limit banks slash interest rates

Central bank to raise credit limit, banks slash interest rates

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.