state bank asks for extension to bad debt programme

State Bank asks for extension to bad debt programme

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.
vietnamese lender seabank to sell up to 15 per cent of its stake to foreign investors

Vietnamese lender SeABank to sell up to 15 per cent of its stake to foreign investors

BRG-backed SeABank has plans to sell a minority position to international investors.
sbv warns about increasing bad debts cross ownership and risks of bot projects

SBV warns about increasing bad debts, cross-ownership, and risks of BOT projects

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.
banks under pressure despite positive credit recovery

Banks under pressure despite positive credit recovery

Though credit demand is recovering quickly, banks still have to face big challenges related to rising bad debts, provisions and deposit interest rates.
vietnamese banks expected to get better credit ratings

Vietnamese banks expected to get better credit ratings

Ratings of Vietnamese banks are expected to be continually improved thanks to Viet Nam’s positive sovereign credit rating.
lenders reinforcing presence with bond issuance

Lenders reinforcing presence with bond issuance

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.
encouraging results with mobile money deployment

Encouraging results with Mobile Money deployment

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.
bac a bank offers fresh credit programmes

BAC A BANK offers fresh credit programmes

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.
techcombank on track for a seat among the top asean banks

Techcombank on track for a seat among the top ASEAN banks

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.
narrowing the gap for ppps in health

Narrowing the gap for PPPs in health

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.
leading players to contribute to building national highways

Leading players to contribute to building national highways

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.
ifc and hdbank scale up finance for smes

IFC and HDBank scale up finance for SMEs

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.
ifc to support vietnams transition to a low carbon economic growth model

IFC to support Vietnam's transition to a low-carbon economic growth model

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.
pm chinh receives wb director general us business leaders

PM Chinh receives WB Director General, US business leaders

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.
vietcombank and mb will take part in reconstructing cbank and ocean bank

Vietcombank and MB will take part in reconstructing CBank and Ocean Bank

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.