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IFC’s new country manager for Mekong region to drive inclusive and green growth
04-04-2022 16:12
The World Bank Group's private sector arm, International Finance Corporation, has appointed Thomas Jacobs as its new country manager for the Mekong region, covering Vietnam, Cambodia, and Laos.
CAKE by VPBank signs partnership with Dragon Capital for micro-investment product
01-04-2022 18:19
Cake by VPBank (CAKE) ties up with Dragon Capital VietFund Management JSC (DCVFM) to launch a micro-investment option to customers under CAKE’s ecosystem.
Foreign investment in Vietnam continues bouncing back
01-04-2022 16:03
Despite the COVID-19 pandemic’s adverse impacts, foreign investors still put their trust in the economy and investment climate of Vietnam in the new normal context, said Director of the Foreign Investment Agency (FIA) Do Nhat Hoang.
NEU-MB Digital Hub aspires to facilitate digital banking experiences for students
31-03-2022 16:27
MB Bank and the National Economics University (NEU) jointly launched the NEU-MB Digital Hub on the morning of March 30. The fresh space seeks to equip NEU students with avantgarde digital banking services from MB.
Gov’t approves extension on bad debt settlement scheme
30-03-2022 10:44
The Government has agreed to a proposal by the State Bank of Vietnam (SBV) to extend the pilot bad debt settlement of credit institutions based on Resolution 42/2017/QH14.
Experts warn about participation of real estate companies in banks
29-03-2022 21:15
Experts have raised concerns about the involvement of real estate companies in commercial banks, warning it may pose risks to the financial system and the whole economy.
Digitalisation placed on ASEAN agenda
29-03-2022 14:33
With the entire ASEAN just agreeing upon upgrading trade, investment, and digital cooperation as one of the key pillars for boosting intra-bloc ties, Vietnam is offering many opportunities to further develop its digital economy, facilitating economic activities.
Direction steady for low interest rates
29-03-2022 14:04
The local central bank is anticipated to maintain its accommodative stance while keeping a close eye on inflationary concerns and, as a result, economists expect that a likely larger interest rate rise would further boost credit growth.
Nascent model of open banking entices institutions
29-03-2022 10:46
Financial institutions are placing premiums on open banking services following global trends – but the cutting-edge implementation is fraught with obstacles owing to a flimsy legal framework.
WB pleges to support Vietnam to become high-income economy by 2045
26-03-2022 17:21
World Bank (WB) Regional Vice President for East Asia and Pacific Manuela V. Ferro on March 25 concluded her five-day visit to Vietnam.
Obstacles stand in way of mobile money
26-03-2022 17:11
Mobile money (MM) has not gained much popularity in the country among mobile phone users due to several shortcomings.
Foreign banks grab slice of investment promotion action
25-03-2022 13:43
More foreign banks are engaging in the organisation of investment promotion events, facilitating Vietnam to attract more investors to the country.
State-owned banks set to increase charter capital
25-03-2022 13:28
The State Bank of Vietnam (SBV) has announced Decision No.422/QD-NHNN dated March 18 outlining its action plan for the next two years.
Vietnam’s rapid loan growth impedes bank capitalisation drive: Fitch Ratings
23-03-2022 15:28
Low capitalisation levels are likely to remain a credit weakness for rated Vietnamese banks, says Fitch Ratings, as rapid loan growth will make it challenging to raise capital adequacy ratios (CAR) in the next two to three years.
ECB's Lagarde 'concerned' about crypto use to dodge Russia sanctions
23-03-2022 12:44
European Central Bank chief Christine Lagarde spoke of her concern Tuesday that cryptocurrencies were being used as a loophole to avoid sanctions against Russia over the war in Ukraine.
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