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Bank of America fined $225 mn for 'botching' US Covid-19 aid payments

18-07-2022 10:13

Two US agencies fined Bank of America a total of $225 million on charges it wrongfully froze unemployment and other public benefit programs at the height of the Covid-19 pandemic.

The subtle art of choosing a foreign exchange broker

18-07-2022 10:00

The forex market is the most liquid market in the world, with approximately $5 trillion traded per day. Tong Quoc Dat, senior market strategist from Exness, explains how to choose a forex broker and why the major banks are active in this arena.

Local presence backing up Citi’s ability to support all

18-07-2022 08:00

Through its relentless efforts in accelerating the growth of sustainable finance, multinational financial services corporation Citigroup has solidified its position. Peter Babej, CEO of Citi Asia-Pacific, discussed with VIR’s Luu Huong how the bank is advancing on its path towards sustainability with novel services for corporate clients, in this country and beyond.

Finance firms club together

18-07-2022 07:00

A centralised database for financial institutions could safeguard the interests of their clients and other legitimate third parties, as the consumer finance industry looks towards solid growth and an upbeat economic outlook.

Pinpointing opportunities from traditional investment channels

14-07-2022 16:45

Amid global economic uncertainty, investors are urged to explore market opportunities from traditional investment channels.

Banks deliver upbeat first-half performance

13-07-2022 18:57

A raft of banks has released their second-quarter and first-half financial reports, rendering a rosy profit picture during the period, rooted in positive credit growth.

VBSP shows inspiring first-half performance

13-07-2022 09:58

On July 7, the Board of Directors of the Bank for Social Policies (VBSP) convened its second-quarter meeting chaired by Nguyen Thi Hong – also State Bank Governor – noting strong results across a wide range of its operations.

Techcombank landmarks show Vietnam’s potential

12-07-2022 16:23

Record-breaking syndicated financing for one of Vietnam’s most interesting banks tells us much about investor sentiment towards the borrower and the country.

Vietnam set to become next digital tiger in Asia

12-07-2022 15:28

Vietnam is expected to become the next digital tiger in Asia as the country pushes forward with its digital transformation strategies, according to the Vietnam Economics report by MayBank.

Ensuring optimal funding efficiency in flexible context

12-07-2022 10:00

Globally, inflation has reached a record level in the past four decades due to two main factors. Firstly, central banks around the world have pumped out a big chunk of money to aid the economic rebound. For instance, Japan has pumped out a money volume equal to 58 per cent of its GDP, and the figure for the US is 30 per cent.

The Travel website suggests things to do in ancient Hoi An

10-07-2022 15:13

The ancient riverbank town of Hoi An in the central province of Quang Nam, which used to be a trading post with historical richness, was recently reviewed by The Travel website as an ideal place for foreign visitors who want to see the exotic culture of Vietnam.