25-06-2024 11:40
The International Finance Corporation (IFC) is providing a financing package of $150 million to Southeast Asia Commercial Joint Stock Bank (SeABank) to catalyse a viable blue finance market, foster green bonds and support smaller businesses in Vietnam.
24-06-2024 19:00
Overall weak credit demand in the market, with consumption growth still sluggish, is causing banks that do not meet their credit growth targets to have quotas proactively transferred by the State Bank of Vietnam (SBV) to banks with better capabilities.
24-06-2024 17:27
A financial solution package for overseas-funded firms with outstanding promotions, simple applications, and quick procedures has been rolled out by a Vietnamese bank.
24-06-2024 15:02
The State Bank of Vietnam (SBV) has decided to allow commercial banks to reschedule the debt repayment period and maintain the debt group for certain sectors for an additional six months, to support struggling businesses.
24-06-2024 10:56
Amid concerns that the strong push for higher deposit rates by banks will lead to an increase in interest rates, Tran Ngoc Bau, CEO of WiGroup Data and Financial Technology JSC, spoke with VIR’s Nhue Man about expectations for the market.
22-06-2024 14:22
Major commercial banks are readying their resources to lead overall credit growth during the peak season of production, business, investment, and consumption.
20-06-2024 10:46
The Norwegian Investment Fund for Developing Countries (Norfund) on June 19 committed $30 million to Hanoi-headquartered SeABank (HSX: SSB) through a convertible loan, which can be converted into SeABank common shares within four years.
19-06-2024 20:09
A slight increase in deposits recently has not affected lending rates, which banks are keeping low in hopes of facilitating the flow of credit.
18-06-2024 19:05
State-owned commercial banks BIDV and Agribank have started selling gold bullion online.
17-06-2024 16:35
Long queues of gold buyers were no longer seen in front of designated sites of four State-owned commercial banks on June 17 morning.
17-06-2024 15:00
Upon hearing that Grab is shutting down Moca, I felt compelled to share my thoughts as someone who has been involved in the e-wallet sector since the State Bank of Vietnam’s pilot programme in 2008.
17-06-2024 11:00
Although deposit interest rates are increasing, lending rates will remain at current levels as regulatory bodies and commercial banks strive to support businesses in accessing capital.
13-06-2024 11:06
The Asian Development Bank (ADB) and Lien Viet Post Joint Stock Commercial Bank (LPBank) on June 12 signed a financing package of up to $80 million to expand access to finance for a women-owned small and medium-sized enterprises (WSMEs) project in Vietnam.
13-06-2024 10:07
Unprecedented measures are being taken to ensure effective management of the domestic gold market and narrow the gap with the global market.
13-06-2024 09:36
Despite uncertainties in the banking sector, investment opportunities remain, especially for larger banks with stronger credit growth and those with close ties to real estate developers.