27-09-2022 22:08
Vietnam is currently heavily dependent on the import of PVC resins - input materials in the construction plastic production chain. In the second half of this year and 2023, Vietcombank Securities Co (VCBS) forecasts that a low PVC price will support profit margins of businesses.
26-09-2022 16:31
As a circular on debt rescheduling for clients affected by the pandemic has expired, banks will face several scenarios to deal with in terms of debt restructuring.
26-09-2022 13:30
On September 26, VIR will host a talk show with Jens Lottner, CEO of Techcombank, who will discuss with VIR's Linh Le the current state of the digital transformation in the banking industry and possible solutions for the shortage of digital talents.
26-09-2022 10:00
The growth of central bank involvement in the digital currency sector has significantly been increased in recent years, with many central banks considering launching a central bank digital currency.
23-09-2022 16:47
On September 21, the Vietnam Bank for Social Policies (VBSP) convened its periodical third-quarter meeting where CEO Duong Quyet Thang noted the highlights of the bank’s operation in the first nine months as well as plans to accomplish development tasks in the rest of 2022.
23-09-2022 15:16
Governor of the State Bank of Vietnam Nguyen Thi Hong has issued decisions on revising up several interest rates by 1 percent, starting from September 23.
23-09-2022 15:03
Vietnam is ranked 63rd out of 113 global economies in a global ranking of digital environment and support systems for entrepreneurs, a new index developed by the Asian Development Bank (ADB).
22-09-2022 17:45
Citi has won the Best Corporate Bank award in the 2022 Asiamoney Best Bank Awards for Vietnam.
22-09-2022 09:00
The State Bank of Vietnam finally created extra credit room for some banks on September 7. However, the extension is deemed low and may not help real estate businesses and homebuyers access feasible capital sources for their projects.
21-09-2022 16:39
While the State Bank of Vietnam (SBV) has expanded credit limits for several banks, the stricter control of credit in areas like real estate may impact project liquidity in the sector.
21-09-2022 14:26
On September 20, BAC A BANK debuted the Super Free Combo package for individual customers, including all services such as account payment, internet and mobile banking, and domestic debit cards.
21-09-2022 14:00
Despite several competitive advantages, the number of domestic credit card holders in Vietnam is still relatively low, but some financial institutions are attempting to break into this budding market.
21-09-2022 11:42
Maintaining steady interest rates is set to be a challenge for Vietnam’s central bank amid unfavourable global events and domestic pressures.
21-09-2022 11:24
As today’s markets are undoubtedly volatile, the State Bank of Vietnam is in a dilemma to adopt a proper monetary policy. Economic expert Vu Dinh Anh discussed with VIR’s Hong Dung the potential approaches for Vietnam to sail through the challenging period.
21-09-2022 10:00
Moody’s Investors Service has upgraded the long-term local and foreign currency deposit and issuer ratings of eight Vietnamese banks, following its upgrade of the country’s sovereign rating earlier this month.