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Provision kinks leading to further study of bad debts
20-04-2022 08:00
New legislation governing Vietnamese credit institutions’ soured loans settlement would be studied after the fresh approval of bad debt settlement extension as pandemic-induced repercussions still impair banks’ financial soundness.
Banks setting upbeat profit targets
19-04-2022 14:34
Banks are penning out upbeat profit targets for 2022, leveraging sound credit demands buoyed by the economic rebound both at home and globally.
Tight control over real estate credit to mitigate risks
19-04-2022 12:11
The State Bank of Vietnam (SBV)’s decision to tighten control over real estate credit has helped to restrict speculation while making the market transparent and preventing a real state bubble, economic experts have said.
Investors tip-toeing around real estate risk
19-04-2022 11:00
Vietnam is moving towards developing a balanced capital market and reducing the pressure on capital supply for banks – a process that requires dealing with internal problems such as corporate bond issuances as well as land-right auctions.
Taking appropriate actions to strengthen bond market
19-04-2022 09:00
With more than 40 years of experience in Vietnam’s financial market, Dr. Nguyen Tri Hieu, independent banking and financial expert, discussed with VIR’s Minh Nguyet what legal regulations would be suitable for a self-regulating secondary corporate bond market to operate healthily.
The wider benefits of digital signatures in e-transactions
18-04-2022 11:31
As a toolkit supporting online transactions, including e-financial transactions, digital signatures have been essential in the digitisation strategy of the banking sector. Even though the legality of digital signatures has been recognised by Vietnamese laws, some risks and obstacles still undermine their use.
Award-gala Swing For the Kids golf tournament garnered benevolent donors
16-04-2022 21:01
The 15th Swing for the Kids charity golf tournament has concluded with nearly $105,000 raised by domestic and foreign donors.
Kind-hearted spirits get together for the Swing for the Kids golf charity tournament
16-04-2022 16:36
On the cool day of April 16, the 15th annual golf charity tournament Swing for the Kids, hosted by VIR, BRG, and SeaBank tees off with the participation of Miss Vietnam 2010 Dang Thi Ngoc Han, VTV MCs Quynh Hoa and Mai Ngoc, and actress Luong Thanh Hang, as well as many other kind-hearted activists.
Swing for the Kids resumes its charitable adventure
16-04-2022 14:00
After a year of suspension, the newest iteration of the Swing For the Kids charity golf tournament restarted on April 16, continuing to spread the values of humanity among the business community and golfers, as well as its journey of winging the dreams of thousands of poor children.
Market driven down by banking stocks
16-04-2022 13:03
Markets plunged on Friday, reversing the morning course as rising selling force weigh on the general sentiment.
South Korean banks in Vietnam reported $172 million in profits in 2021
14-04-2022 16:45
Following a successful 2021, several South Korean banks are showing an interest in growing their presence in Vietnam.
Tan Hoang Minh would sell 2-3 properties to pay back to bondholders
14-04-2022 16:29
Do Hoang Minh, the newly-minted chairman of property group Tan Hoang Minh, revealed that the corporation would offload at least two or three projects to ensure bondholders’ rights and obligations.
Commercial banks tighten real estate lending
14-04-2022 10:07
Some banks have temporarily stopped providing loans to the real estate sector in the short term in the wake of the State Bank of Vietnam (SBV)'s policy on controlling credit growth in risky areas.
Trajectory uncertain for Vietnam’s growth
13-04-2022 16:32
Headwinds to Vietnam’s positive growth outlook are rising as a result of the Russia-Ukraine conflict, and risks from a slowdown in many of the country’s key trade partners are weighted to the downside.
Shoring up the economy with recovery programme
13-04-2022 16:08
Growth in GDP is forecast at 6.5 per cent in 2022 and 6.7 per cent in 2023, a rebound made possible by Vietnam’s high COVID-19 vaccination coverage, the shift to a more flexible pandemic containment approach, expanding trade, and the government’s Economic Recovery and Development Programme (ERDP).
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