23-12-2014 09:26
State Bank of Viet Nam Governor Nguyen Van Binh has approved the opening of branches by two foreign banks in Viet Nam.
16-12-2014 10:47
As 2014 comes to a close, domestic and foreign-owned banks in Vietnam are in a fierce competition for a slice of the personal loans market.
15-12-2014 16:14
The selling rate of the dollar at Technological and Commercial Joint Stock Bank (Techcombank) was VND21,430 on December 15, the highest among commercial banks.
09-12-2014 10:10
There is widespread belief that state-owned bad debt buyer Vietnam Asset Management Company (VAMC) needs to quicken the sale of bad debts it has bought from banks. Member of National Assembly Economic Committee Tran Du Lich shares his view on what obstructions VAMC has faced in its efforts to resolve bad debts.
06-12-2014 10:00
A plan for tough rules for European Union banks to separate risky trading from core operations may be shelved if member states continue to show reluctance, according to a letter from the EU's new financial services commissioner, Jonathan Hill.
04-12-2014 16:15
On December 2 the Vietnam Outstanding Banking Awards and CSO/CIO Awards selected four outstanding banks and three commendable IT professionals in the banking sector.
04-12-2014 15:33
State Bank of Viet Nam Deputy Governor Nguyen Thi Hong has affirmed the need for Circular 36, saying the regulations would help the Vietnamese banking sector develop more safely.
04-12-2014 15:11
Leading economists say it is essential to have a separate financial system that is not run by State-owned banks to insure lending is based on merit, reduce the risk of a banking liquidity crisis and to better manage the country’s foreign exchange position.
04-12-2014 11:40
Banks are rolling out attractive credit packages to woo customers as capital demands are rocketing toward the holiday season.
03-12-2014 15:49
Overseas Vietnamese's remittances via commercial banks and economic organisations in HCM City in the first 11 months of the year was estimated at US$4.4 billion, according to the HCM City branch of the State bank of Viet Nam (SBV).
25-11-2014 09:00
The year’s later months have proven a challenging time for banks, with bad debts rising sharply.
24-11-2014 14:19
A fast rise in dollar lending has bolstered banks credit growth and is expected to continue through year-end.
12-11-2014 08:00
HSBC, Standard Chartered and Deutsche Bank acted as the joint book runners and dealers for Vietnam’s most recent international bond issue this month.
04-11-2014 09:02
The Viet Nam Asset Management Company (VAMC), set up to buy and sell bad debts from commercial banks, needs to be given greater autonomy as part of efforts to revive the property market, experts say.
04-11-2014 08:00
One of Vietnam’s largest banks, BIDV, and global life insurance provider, MetLife, partner together to re-energise the life insurance industry in Vietnam