25-05-2022 10:39
The Government has asked for an extension to a pilot programme designed to handle bad debt from domestic financial institutions during a meeting with the National Assembly yesterday in Hanoi.
24-05-2022 14:50
BRG-backed SeABank has plans to sell a minority position to international investors.
24-05-2022 08:00
The State Bank of Vietnam (SBV) earlier this week reported on the evaluation of the execution of Resolution No.42/2017/QH14 on piloting bad debt settlement of credit organisations at the 15th National Assembly session.
23-05-2022 18:14
Though credit demand is recovering quickly, banks still have to face big challenges related to rising bad debts, provisions and deposit interest rates.
22-05-2022 15:59
Ratings of Vietnamese banks are expected to be continually improved thanks to Viet Nam’s positive sovereign credit rating.
19-05-2022 17:04
Commercial banks, with participation from local and foreign-backed institutions, are engaging in bond issuance despite severe regulations placed on this and volatile market conditions.
17-05-2022 16:56
Le Anh Dung, deputy director of the Payment Department under the State Bank of Vietnam (SBV), noted that after six months of pilot implementation, the Mobile Money service has grown positively despite its belated introduction.
17-05-2022 13:40
In order to facilitate individual consumers to access preferential loans, BAC A BANK has launched a special credit programme with attractive lending rates titled Receiving preferential loans - Realising your life goals.
16-05-2022 19:07
Aiming to become one of the top 10 banks in ASEAN, Techcombank is prioritising sustainable growth over the long term, even as the bank delivered another year of sizzling hot growth in 2021.
16-05-2022 16:28
The gap between the investment need for health and the fiscal constraints has focused government attention on public-private partnerships, with more than 1,000 such ventures being implemented in developed countries. Le Minh Sang, health specialist at World Bank Vietnam, explains why managing such contacts is challenging even in mature markets.
13-05-2022 11:04
The engagement of leading firms like Vingroup, Techcombank, T&T, and Him Land to build national highways could bolster the viability of the government’s target of having 5,000km of highways in place by 2030.
12-05-2022 11:59
On May 11, the IFC and Ho Chi Minh City Development JSC Bank (HDBank) signed an MoU to become strategic partners, supporting small- and medium-sized enterprises (SME) to scale up finance and participate in global supply chains, including high-tech agriculture.
12-05-2022 10:52
The International Finance Corporation (IFC) – a member of the World Bank Group – announced on May 11 that it will support Vietnam to transit to a low-carbon economic growth model.
12-05-2022 10:25
Prime Minister Pham Minh Chinh received Director General of the World Bank (WB) Axel Van Trotsenburg and leaders of some US corporations on May 11 (local time) during his working visit to the US.
11-05-2022 18:56
Vietcombank and MB would participate in the reorganisation of two weak banks, Construction Bank (CBank) and Ocean Bank, as a part of the forcible transfer controlled by the government.