banks find it difficult to increase capital

Banks find it difficult to increase capital

This year 17 commercial banks had planned to increase their capital, but only two managed to do so.
bad loans still plague banks

Bad loans still plague banks

Sound measures to tackle the country’s mounting bad debts are available, and all it takes is having the guts to employ them, in an effort to systematically solve such issues for the sake of society and the economy.
government will not save zombie banks

Government will not save ‘zombie’ banks

The Government will consider the possibility of letting poor performing commercial banks go bankrupt, instead of saving them as it did in the past, Deputy Prime Minister Vương Đình Huệ has said.
landslides threaten thua thien hue households

Landslides threaten Thua Thien-Hue households

More than 500 households living along the banks of the Bo River in central Thua Thien-Hue have been threatened by serious landslides.
sbv warns banks off lending to property sector

SBV warns banks off lending to property sector

Recently the State Bank of Viet Nam (SBV) told credit institutions to restrict loans to real estate projects to reduce risks and credit concentration in a single sector.
german banks can enable european fta investment

German banks can enable European FTA investment

German banks are keeping watch on the developing economic relations between Vietnam and Germany, in advance of European investments set to pour into the country when the Vietnam-EU Free Trade Agreement (FTA) takes effect.
transparency essential to real estate growth

Transparency essential to real estate growth

It is necessary for housing developers, contractors, banks and State agencies to co-operate in disclosing information about real estate projects to avoid panicking buyers, experts have said.
banks consider lending rate cuts

Banks consider lending rate cuts

Some major commercial banks are considering lowering lending interest rates after cutting dong deposit rates this week.
banks cut short term deposit rates

Banks cut short-term deposit rates

Some major commercial banks lowered interest rates for deposits in dong with terms of less than a year, by 0.3-0.5 percentage points, on September 26.
key changes in top personnel as bank restructuring gains momentum

Key changes in top personnel as bank restructuring gains momentum

During the recent six months, Vietnam has seen the most exciting changes in high personnel at domestic banks, showing that the bank restructuring process is gaining momentum, according to newswire Cafef.vn.
state funds for bank debts plan criticised

State funds for bank debts plan criticised

A proposal to use State funds to settle commercial banks' bad debts, as stated in the draft plan on economic restructuring for the 2016-2020 period, has been met with a cold shoulder.
more foreign ownership in banks

More foreign ownership in banks?

Prime Minister Nguyen Xuan Phuc said Viet Nam might allow foreign investors to hold a stake exceeding the current cap of 30 per cent in domestic banks.
sbv encourages mas to restructure banks

SBV encourages M&As to restructure banks

The State Bank of Việt Nam (SBV) will continue to encourage the practice of mergers and acquisitions (M&A) as a solution to dealing with ailing credit institutions.
vietnam market lures foreign banks

Vietnam market lures foreign banks

Making an entrance into the Vietnamese banking landscape as representative offices, then moving up the ladder to become branches and 100 per cent foreign-owned units when the right time came and regulations allowed, Japanese and Korean financial institutions are taking careful steps to strengthen their footholds in the country. Not only do they want to cater to their home-based institutional clients, but also to the 90 million possible retail customers living in Vietnam. Trang Nguyen reports.
banks risk management a cause for concern

Banks’ risk management a cause for concern

Poor management of risks and weak supervision of banks were the roots of the largest problems that Việt Nam’s banking system is facing, experts said during a workshop.