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Thai government pumps money to save Thai Airways from bankruptcy
11-08-2022 10:59
Thai Airways International Pcl will receive key financial support from the government for its 80 billion (2.2 billion USD) capital-raising and debt-to-equity swap plan which is aimed at helping the carrier come out of bankruptcy, according to Bloomberg News.
Maybank Securities predicts robust growth for H2 2022
10-08-2022 12:24
The earnings growth of listed companies is predicted to pick up in the second half of the year in light of some favourable indicators, according to Maybank Securities' latest report on Vietnam Strategy.
Squeeze in allotted credit room for commercial banks
10-08-2022 10:56
The rapid expansion of credit and lending activities in the first few months of this year have prompted commercial banks to run out of credit lines, which had been temporarily allotted by the State Bank of Vietnam at the start of the year.
New finance instruments in play for climate future
10-08-2022 10:31
Given the current status, a novel public development bank or energy-focused financial vehicle could support Vietnam to realise its goal of transitioning to a low-carbon, climate-resilient economy in an equitable manner.
Localisation favoured by overseas banks
10-08-2022 10:16
Vietnam’s banking and finance sector is witnessing an uptick in foreign banks’ presence despite global economic headwinds.
MB maintains its position as the market leader in Vietnam
10-08-2022 08:47
Military Commercial Joint Stock Bank (MB) was awarded a prestigious award, the Best Financial Derivatives Provider in Vietnam, on July 22 at an online conference organised by The Asian Banker.
Yen Bai deploys 21 World Bank-funded projects
09-08-2022 22:27
The northern mountainous province of Yen Bai has received and implemented 21 programmes and projects funded by the World Bank (WB) with total investment of 4.67 trillion VND (199.65 million USD) since 2000, according to a local official.
Vietnam needs skilled workforce to become upper-middle-income economy by 2035: WB
09-08-2022 22:00
Vietnam will need a skilled workforce to transform itself into an upper-middle-income economy by 2035, the World Bank has suggested in its recently-released report named “Taking Stock: Educate to Grow”.
Vietnam's economic growth forecast at 7.5 pc in 2022: World Bank
09-08-2022 21:51
Vietnam’s GDP growth is forecast to expand 7.5 percent in 2022 and 6.7 percent in 2023, with resilient manufacturing and a robust rebound in services serving as the driving forces for economic recovery.
Happy One Central receives warm responses in Hong Kong
09-08-2022 08:00
Following the signing of an exclusive distribution partnership with Van Xuan Group, Knightsbridge Partners officially introduced Happy One Central to Hong Kong investors at a seminar held at The Park Lane Hotel Hong Kong last weekend.
KBank makes entry into Vietnam with digital push
08-08-2022 15:31
Kasikornbank (KBank), Thailand’s leading commercial bank, has recently inaugurated its Ho Chi Minh City branch – its tenth and newest overseas branch – and announced a series of new digital solutions in Vietnam.
Techcombank shining at ABF Retail Banking Awards 2022
04-08-2022 17:53
Hanoi-based lender Techcombank has won two awards at the 2022 Asian Banking & Finance (ABF) Retail Banking Awards, taking home the prizes for Domestic Bank of the Year Vietnam and Credit Card Initiative of the Year Vietnam.
HSBC H1 pre-tax profit falls, dismisses calls for split
04-08-2022 17:26
HSBC bank on Monday said pre-tax profit fell in the first half, and appeared to rebuff calls to spin off its Asian activities on the eve of a key shareholder meeting.
Tightening management of virtual currencies to prevent money laundering: SBV
04-08-2022 15:54
The State Bank of Vietnam (SBV) has given timely instructions to banks in order to prevent risks and acts that take advantage of virtual currencies in transactions, Deputy Governor Dao Minh Tu has said.
Gap between domestic and global gold prices is reasonable: SBV Governor
02-08-2022 14:26
Though the gap between domestic and global gold prices is significant, Governor of the State Bank of Vietnam (SBV) Nguyen Thi Hong said it is reasonable due to restricted supply.
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