citi appoints new head of financing for investment banking

Citi appoints new head of Financing for Investment Banking

Citi has announced that Achintya Mangla will become head of Financing for Investment Banking from September 4.
strategic actions for digital healthcare gain

Strategic actions for digital healthcare gain

Vietnam’s healthcare sector is making efforts to adopt innovations. Le Minh Sang, senior health specialist at the World Bank Vietnam Office, provides an analysis on how to foster an enabling environment for health innovations.
bac a bank enhances options for young enterprises

BAC A BANK enhances options for young enterprises

BAC A BANK is now offering an attractive loan product designed specifically for young enterprises.
bad debt risks make banks switch focus

Bad debt risks make banks switch focus

Vietnamese banks are increasingly shifting their focus from retail lending to corporate clients, driven by concerns over rising bad debts in the retail segment and heightened risk perceptions.
addressing legal gaps for resolving non performing loans

Addressing legal gaps for resolving non-performing loans

Legal obstacles and inconsistencies prolonging the debt resolution process, lack of specific guidance on the entrusted handling of secured assets, and the low legal compliance of judgment debtors are the main factors affecting the recovery of non-performing loans and the clearance of credit flows by banks.
casa ratio assessment for first half of 2024

CASA ratio assessment for first half of 2024

Vietnam's current account saving account (CASA) is on a robust recovery path. Banking consultant Le Hoai An, founder of Integrated Financial Solutions Joint Stock Company spoke with VIR’s Hong Dung about the factors driving the recovery.
reference exchange rate continues going up

Reference exchange rate continues going up

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,224 VND/USD on August 30 up 4 VND from the previous day.
laos tightens monetary policy to ease inflation

Laos tightens monetary policy to ease inflation

The Bank of the Lao PDR is set to further increase interest rate on Lao kip deposits from 10 per cent to 10.5 pc per year to alleviate inflationary pressures currently affecting the economy, reported the Vientiane Times.
banks still counting profit from securities trading

Banks still counting profit from securities trading

Despite market volatilities, many banks still count healthy profits from securities trading.
central bank takes looser monetary measures

Central bank takes looser monetary measures

The State Bank of Vietnam (SBV) has relaxed monetary measures in the context of sharp declines in the foreign exchange rate in recent days.
credit continues to flow into real estate sector

Credit continues to flow into real estate sector

Despite headwinds, banks’ outstanding balances in the real estate sector maintained an upward trend in the first half of this year.
driving aseans supply chains through connectivity

Driving ASEAN’s supply chains through connectivity

The ASEAN region’s supply chains are being driven through both connectivity and sustainability. Leong Yung Chee, head of Group Corporate Banking at UOB, gave VIR’s Hanh Vy his insights on capturing connectivity flows and the various opportunities available in fast-growing trade corridors in Vietnam.
banks sharpen focus on scale up of sustainability

Banks sharpen focus on scale-up of sustainability

Banks have demonstrated their determination to achieve sustainability in Vietnam by partnering with regional lenders and global investors, emphasising green finance and rigorous due diligence.
new policy promotes green banking development in vietnam

New policy promotes green banking development in Vietnam

The State Bank of Vietnam (SBV) is pushing all credit institutions to go green in terms of banking and credit.
reference exchange rate up at weeks beginning

Reference exchange rate up at week’s beginning

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,254 VND/USD on August 26, up 4 VND from the last working day of previous week (August 23).