13-12-2023 11:26
The Vietnamese government is intensifying oversight in the banking sector, targeting cross-ownership in credit operations and the complex issue of banks’ affiliated businesses.
13-12-2023 10:25
Some Vietnamese lenders are increasingly adopting open API technology to enhance the customer experience and streamline services, amidst rising concerns over cybersecurity in the open banking ecosystem.
11-12-2023 09:00
The State Bank of Vietnam (SBV) announces a major regulatory overhaul for Open Banking, with comprehensive legal guidelines and circulars expected to come into effect by July 2024.
08-12-2023 10:02
Standard Chartered has inked a Master of Agreement with the Bank for Investment and Development of Vietnam (BIDV), committing to a sustainable trade loan of up to $100 million.
06-12-2023 09:30
Green finance is crucial for Vietnam’s sustainable urban and construction development. To encourage it, banks are considering regulatory support to boost green financing.
05-12-2023 12:39
At a VIR seminar on December 4, in collaboration with the Vietnam Bank for Agriculture and Rural Development (Agribank), key stakeholders congregated to discuss Lighting the Path for Green Financing. The forum signified a critical juncture in Vietnam's path towards sustainable development and emphasised green economic growth.
05-12-2023 12:37
At the forefront of Vietnam's green finance revolution, Agribank has reported a substantial green credit portfolio of approximately $510 million as of October 31. This revelation came from Phung Thi Binh, deputy general director of Agribank, during the Lighting the Path for Green Financing seminar held by VIR on December 4.
04-12-2023 16:53
'Green credit' refers to the kinds of loans provided by banks for projects that are considered environmentally friendly or protective of the ecosystem. Green credit is now a trend in the global banking and finance industry, and more Vietnamese banks are following suit.
04-12-2023 10:07
Without unified definitions of green sectors and green lists for application, banks are continuing to find it difficult to select, appraise, and supervise green credit provision.
30-11-2023 09:07
Several Vietnamese banks implemented substantial interest rate reductions in 2023 to stimulate loan uptake across various sectors, despite challenges in meeting credit growth targets.
30-11-2023 08:57
Some major Vietnamese banks are intensifying their focus on sustainable practices by dedicating significant funds to renewable energy projects and reducing interest rates for eco-friendly initiatives.
18-11-2023 09:00
The 2023 Corporate Governance Forum on November 22 will feature the participation of representatives from banks, publicly listed companies, and associations.
15-11-2023 12:49
At the international conference Digitalise to Revolutionise - Shaping tomorrow’s business landscape, organised by Military Commercial Joint-Stock Bank (MB) on November 8 in Hanoi, leading global experts shared valuable insights on the digital transformation with Vietnamese organisations and businesses.
15-11-2023 12:45
At a conference on real estate and social housing development on November 13, VPBank CEO Nguyen Duc Vinh outlined the obstacles facing Vietnam's real estate market, attributing them to both external and internal factors.
14-11-2023 11:43
From legacy banks to small enterprises, digital transformation is reshaping business at every level. David L. Rogers, a member of the faculty at Columbia Business School, and Paul J. Bailo, senior advisor for top US companies like Apple and Bank of America, told VIR’s Luu Huong how businesses are finding new ways to innovate and collaborate.