28-10-2022 19:44
Many banks have unveiled their third-quarter business results, showing a spike in their profits, leveraging well-conceived retail lending development strategy amid restricted credit line.
27-10-2022 16:09
As exchange rate pressure grows when circumstances are unfavourable, the State Bank of Vietnam (SBV) has raised the operational interest rates by 100 basis points (1 per cent) before the November Fed meeting on October 24, according to a report recently provided by the SSI.
27-10-2022 09:14
Blockchain technology is expected to help Vietnam's finance and banking sector deliver a better customer experience and help traditional banking institutions compete with fintech startups.
26-10-2022 10:36
The increase of the central exchange rates and adjustment of the exchange rate band of the State Bank of Vietnam are suitable with the trends of other currencies at a lighter level.
26-10-2022 10:13
Exchange rates and interest rates are being handled in a satisfactory manner, according to Dr. Truong Van Phuoc, a member of the Prime Minister’s Economic Advisory Group and former acting chairman of the National Financial Supervisory Commission. He talked to VIR’s Hong Dung about the State Bank of Vietnam’s recent moves on interest rates and exchange rates.
26-10-2022 08:00
A stronger US dollar is prompting a flight to safety, and investors might be looking for a safe harbour in US-denominated equities. Brook Taylor, CEO of VinaCapital Asset Management, discussed with VIR’s Luu Huong how the State Bank of Vietnam’s latest initiatives on the exchange rate could impact foreign funds into Vietnam.
25-10-2022 09:24
In an effort to continue implementing synchronous measures to control inflation, stabilise the macro-economy, and ensure the safety of the banking system, the State Bank of Vietnam (SBV) has just issued a number of decisions to adjust interest rates that take effect from October 25.
24-10-2022 22:23
The Asian Development Bank (ADB) mobilised a $135 million climate financing package for VinFast Trading and Production JSC (VinFast) for manufacturing Vietnam's first fully-electric public transport bus fleet and first national electric vehicle charging network.
21-10-2022 14:02
Standard Chartered Vietnam today presented the grand prize – a life-time trip to Anfield stadium, home of Liverpool Football Club in the United Kingdom, to the winners of the second season of its “Bank more, Score more” campaign.
20-10-2022 17:00
Liquidity in the banking system is under significant pressure amid rising interest rates, which is forcing banks to effectively mobilise capital.
20-10-2022 16:00
Despite bullish business results in the first nine months of the year, many commercial banks in Vietnam are facing a risk of rising bad debts.
19-10-2022 15:33
Besides Basel II, many banks have also applied Basel III and IFRS 9. These international standards help banks improve risk management and competitiveness compared with their peers, which also contributes to the effective and sustainable development of the credit institution system.
19-10-2022 11:19
The new members of SCB's Board of Directors come from four state-owned banks, with SCB now under special supervision.
18-10-2022 14:35
At the 2021 United Nations Climate Change Conference (COP26), Vietnam pledged to reach net-zero carbon emissions by 2050 and to phase out coal-fueled power generation by 2040.
17-10-2022 15:18
The State Bank of Vietnam (SBV) has decided to widen the USD/VND spot exchange rate band from +/-3% to +/-5%, effective from October 17.