13-06-2022 15:39
Vietnam’s merger and acquisitions (M&A) market in 2022 is forecast to include big deals worth billions of dollars in the banking industry.
10-06-2022 17:59
The development of fintech companies and the emergence of neobanks have been creating a fierce race in the banking and finance industry. FPT IS and Temenos have recently discussed optimal approaches with the banking industry's leaders about how to lead the race.
08-06-2022 18:18
Many banks have been on a charter capital hike after holding their 2022 general annual shareholder meetings (AGM) and are intensively preparing capital injections to boost their strength.
08-06-2022 16:00
The Vietnamese authorities are keeping a grip on credit institutions’ corporate bonds in the face of growing scrutiny, which might add to pressure for issuers to alter their funding strategies. Investors’ confidence and rights, however, are to be strengthened.
08-06-2022 15:11
The World Bank has sharply slashed its annual growth forecast for China, warning in a report Wednesday that Covid disruptions could further slow recovery in the world's second-largest economy.
08-06-2022 11:36
Many bank clients have bought insurance through their banks (bancassurance), but they have received no support from the institutions when problems arose.
08-06-2022 09:00
The merger and acquisition outlook of Vietnamese banks, particularly acquiring faltering credit institutions to reorganise them, is picking up pace.
06-06-2022 10:53
Inspired by potter’s wheels intersecting with each other, the Centre for Vietnamese Craft Village Quintessence was built in the heart of the ancient Bat Trang pottery village in Hanoi. Spanning 3,300 square metres, the centre is some 15 kilometres from the capital’s downtown area on the banks of the Bac Hung Hai River, which runs through the city and Bac Ninh, Hung Yen, and Hai Duong provinces.
04-06-2022 15:51
As the Vietnamese authorities continue to tighten controls on potentially hazardous industries, financial institutions are beginning to place more restrictions on real estate-backed loans.
04-06-2022 15:48
While the State Bank of Vietnam’s forthcoming tight restriction on offshore loans which are not guaranteed by the government underscores local authorities’ commitment to maintain safe external debt and minimise risks, it could also leave cash-squeezed businesses high and dry.
03-06-2022 09:31
Vietnam International Bank (VIB) has launched a new mobile banking application – MyVIB 2.0 – making it the first bank in the country to apply augmented reality (AR) technology in a mobile banking application.
02-06-2022 08:00
The Vietnamese government has implemented a range of measures to control and tighten credit in real estate bonds. Broadly speaking, there are three channels of debt capital that the real estate sector can call on to secure credit: senior bank lending, the broader capital markets, and private credit.
31-05-2022 12:51
Sustainability and green development has become vital across the board, including in the finance and banking sector. Harmander Mahal, head of Consumer, Private, and Business Banking for Vietnam and Asia Cluster Markets at Standard Chartered Bank highlights the bank’s activities to grow stronger and best serve customers and partners through the crafting of a sustainable product suite.
31-05-2022 11:40
Shares had a good start on Monday, driven by the strong growth of blue chips in the banking and aviation stock groups.
30-05-2022 10:40
Commercial banks were told to launch a 40 trillion VND support package with a 2 percent yearly rate cut for businesses in a meeting with the State Bank of Vietnam (SBV) last week.