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ADB: Vietnam set for a strong economic rebound
28-04-2022 09:56
The Asian Development Bank (ADB) maintained its forecast for Vietnam’s GDP growth at 6.5 percent in 2022 and projected the economy to further expand by 6.7 percent in 2023.
ECB calls for global regulation of cryptocurrencies
27-04-2022 11:38
A senior European Central Bank official called Monday for global regulation of cryptocurrencies as the virtual assets are now bigger than the risky mortgage loans behind the 2007 global financial crisis and show signs of being a bubble.
VIB posts pre-tax profit of nearly $100 million in Q1
27-04-2022 11:36
Vietnam International Bank (VIB) has announced its pre-tax profit of nearly $100 billion in the first quarter, up 26 per cent on-year.
HSBC profits slide as Ukraine war worsens inflation
27-04-2022 11:22
HSBC profits slid in the first quarter, the Asia-focused bank announced Tuesday after it was hit by bad debts as Russia's invasion of Ukraine sent inflation rocketing further.
Selective corporate bond scale expected to widen
26-04-2022 12:33
Corporate bonds, in addition to credit channels and stocks, are now a major source of finance for firms, particularly for banks and real estate developers. However, much work has to be done as the channel is still in its infancy.
Setting the priorities for Vietnamese people to thrive
26-04-2022 09:51
By any standards, the pace of Vietnam’s development has been extraordinary.
Local retail investors encounter turbulence
26-04-2022 07:00
Retail investors are losing their sleep over the stock market’s recent catastrophes, which are predicted to lead them to encounter a bumpy road this year, particularly in banking, securities brokerage, and real estate stocks.
PVcomBank and Vietpay Technology enter comprehensive cooperation
25-04-2022 19:23
On April 25, Hanoi-based lender PVcomBank and Vietpay Technology Co., Ltd. – a member of multi-national group Nexxo Ventures Ltd. from the UK – signed a comprehensive cooperation agreement in associating and expanding the network of payment and card issuance.
41 banks buy corporate bonds worth $11.9 billion
25-04-2022 09:21
At a conference on developing a safe, transparent, and efficient capital market on April 22, Nguyen Thi Hong, Governor of the State Bank of Vietnam, said that credit institutions are both direct investors in and major issuers of the corporate bond market.
Bank deposits surge in wake of interest rate hike
23-04-2022 17:45
Hanoi - Thanks to increases in savings interest rates, deposits at banks increased strongly in the first two months of this year after declining last year.
Shares make gains on the back of bank, real estate stocks
23-04-2022 08:00
Shares gained on Friday, bolstered by the gains of large-cap stocks in the group of banking and real estate.
Loose monetary policy forecast to continue despite inflation pressure
22-04-2022 09:48
Despite rising inflation pressure, the State Bank of Viet Nam (SBV) is likely to maintain a loose monetary policy at least for the next 3-6 months, analysts forecast.
Shares nosedive on massive selling
20-04-2022 20:22
Shares nosedived on Tuesday due to the fall of banking stocks caused by massive selling at the end of the trading session.
Organisations supporting low-carbon agriculture
20-04-2022 10:00
With its strong commitment to the world to achieve net-zero emissions over the next few decades, Vietnam is cooperating with some international organisations on initiatives for low carbon imprints in the agricultural sector - one of the biggest emitters in the country.
Foreign banks jostle for increased share
20-04-2022 09:30
Earnings of international financial institutions in Vietnam have been inconsistent during the last few years due to focus on longer-term strategies, but some are experiencing a dramatic drop in fortunes.
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