stocks end mixed energy firms extend losses

Stocks end mixed, energy firms extend losses

Vietnamese shares ended mixed in the early session, while banks maintained good form to lift markets.
property and bank stocks boost markets

Property and bank stocks boost markets

Vietnamese shares advanced in the early session, led by banks and real estate companies.
dollar strengthens as central bank lifts rate

Dollar strengthens as central bank lifts rate

The US dollar strengthened at domestic commercial banks on Monday, following an increase in the reference exchange rate that the State Bank of Viet Nam adjusted for the day.
banks try to cut loan rates but seek govt help

Banks try to cut loan rates but seek Gov't help

Over a month after the State Bank of Viet Nam called on banks to cut interest rates on loans, particularly to businesses, some banks - including joint stock lenders - have reduced their rates by 0.5-1 per cent.
soes struggle to divest

SOEs struggle to divest

State corporations and groups are facing mounting hardships in their efforts to pull out from banks amid an increasingly challenging business climate.
banks required to report monthly interest rates

Banks required to report monthly interest rates

State Bank of Viet Nam has ordered credit institutions and branches of foreign banks to report their lending, capital mobilisation and interest rates in Vietnamese dong every month going forward.
bank security in danger as hackers attack accounts

Bank security in danger as hackers attack accounts

A series of attacks by hackers on banks occurred recently, showing that banks’ investments in security solutions are insufficient.
local banks welcome aec tpp opportunities

Local banks welcome AEC, TPP opportunities

Vietnamese banks have more opportunities to establish and expand their presence in international markets, Gary Hwa, Ernst & Young's (EYs) regional managing partner for financial services for Asia Pacific, said.
viet nam to launch start ups stock exchange

Viet Nam to launch start-ups stock exchange

A stock exchange for start-ups would help them achieve better fund mobilisation for development, avoiding dependence on banks and private equity funds, Deputy Prime Minister Vương Đinh Huệ has said.
thai banks rush for booming vietnamese market

Thai banks rush for booming Vietnamese market

Thai banks are planning ambitious expansion in the context of increasing trade and investment between the two countries.
first cut in deposit interest rates by banks

First cut in deposit interest rates by banks

After numerous hikes in interest rates this year, joint stock commercial banks have cut deposit rates for the first time thanks to good liquidity amid a lending slowdown.
putting vietnams banks on the map

Putting Vietnam’s banks on the map

Although the local banking sector might be one step behind its regional peers, the formation of the ASEAN Economic Community has set the local industry on a definite path of committed changes that should prepare it for any upcoming challenges.
banks defend bailout of hoang anh gia lai

Banks defend bailout of Hoang Anh Gia Lai

The State Bank of Vietnam’s decision to help Hoang Anh Gia Lai Group overcome its enormous debts has sparked a controversy among market players.
lending rules should be changed gradually banks

Lending rules should be changed gradually: banks

Although amendments to Circular 36 are needed, they should be implemented gradually to avoid policy risks and difficulties to commercial banks, online news portal Bizlive quoted bank officials as saying.
banks baulk at strict rules in sbvs circular 36

Banks baulk at strict rules in SBV’s Circular 36

Various banks have requested a delay in Circular 36 amendments, stating that stricter lending rules will hurt their business.