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SBV sets credit growth target to 14 per cent in 2022
28-12-2021 17:43
The State Bank of Vietnam (SBV) would increase its credit growth objective to around 14 per cent and will be more flexible in its operational orientation in 2022.
MB Economic Insights 2021 – perspectives to help Vietnamese enterprises manoeuvre
28-12-2021 13:55
This year’s main theme is “Financial flexibility – preparing for the next new times”, MB Economic Insights 7th held by Military Commercial Joint Stock Bank (MB Group) through both online and offline conferences provided the enterprise community with practical viewpoints and solutions to recover, develop, and prepare for fresh opportunities.
ADB revises down Malaysia’s economic growth forecast in 2021
28-12-2021 11:16
The Asian Development Bank (ADB) has downgraded Malaysia's gross domestic product (GDP) growth forecast to 3.8 percent from 4.7 percent for 2021 and 5.9 percent from 6.1 percent next year.
Japan's SMFG to enhance its M&A strategy
28-12-2021 10:44
Faced with bleak domestic growth prospects, Japan's Sumitomo Mitsui Financial Group (SMFG) is expanding its international footprint, including its presence in Vietnam.
World Bank loan to support Vietnam’s economic recovery
28-12-2021 01:19
The government of Vietnam and the World Bank has just signed an agreement for the financing of $221.5 million to support Vietnam’s recovery from the COVID-19 pandemic through policy reforms aimed at improving financial inclusion and spurring greater environmental resilience.
MUFG’s gateway to the global business community
27-12-2021 15:01
As 2021 draws to a close, MUFG Bank Vietnam would like to take the opportunity to thank our clients for your partnership and regulators, partners, and colleagues for your incredible support and guidance throughout the year.
VietABank and Mirae Asset Prévoir sign exclusive bancassurance agreement
27-12-2021 14:10
Mirae Asset Prévoir Life Insurance Co., Ltd. (Mirae Asset Prévoir) and Viet A Commercial Joint Stock Bank (VietABank) have recently announced an exclusive distribution agreement for life insurance products, or bancassurance.
Will HDBank raise its foreign ownership limit to 49 per cent according to EVFTA?
27-12-2021 11:59
HDBank is rumoured to be looking to raise its foreign ownership limit to 49 per cent to get a foreign partner on board, as part of the EU-Vietnam Free Trade Agreement (EVFTA).
Citi Vietnam has new country officer
27-12-2021 08:24
Citi Vietnam has just announced the appointment of Ramachandran A.S. as country officer.
Fitch asserts positive outlook on Standard Chartered Vietnam
22-12-2021 18:22
Fitch Ratings has asserted the outlook on Standard Chartered Bank Vietnam Ltd. (SCB) as positive with SCB’s long-term foreign and local currency issuer default ratings at BB and BBB- respectively
M-Service becomes Vietnam's latest unicorn with valuation of more than $2 billion
22-12-2021 14:00
M-Service JSC, the parent firm of Vietnam-based e-wallet MoMo, has just become the country's latest unicorn with a valuation of more than $2 billion in its Series E round after securing around $200 million from a consortium of investors led by Mizuho Bank.
ADB revises down Malaysia’s economic growth forecast in 2021
22-12-2021 10:29
The Asian Development Bank (ADB) has downgraded Malaysia's gross domestic product (GDP) growth forecast to 3.8 percent from 4.7 percent for 2021 and 5.9 percent from 6.1 percent next year.
South Korean banks add to prospects in Vietnam
21-12-2021 17:00
Vietnam is well-positioned to become an alluring investment constituent in Southeast Asia, particularly for South Korean financial holdings.
MoMo bags $200 million in Series E fundraising round
21-12-2021 11:16
MoMo,Vietnam’s No.1 super app, announced the successful completion of its Series E fundraising round. The company raised about $200 million in equity financing from leading global investors including Mizuho, Ward Ferry, Goodwater Capital and Kora Management. The Series E was led by leading Japanese global bank Mizuho.
Opportunities and solutions for training public accounting at Vietnamese universities
20-12-2021 22:35
The Association of Chartered Certified Accountants (ACCA) and the Vietnam Association of Certified Public Accountants (VACPA) have recently teamed up with the Ministry of Finance (MoF), Ministry of Education and Training (MoET), World Bank, Confederation of Asia-Pacific Accountants (CAPA), and diverse universities to organise the webinar “Opportunities and solutions for training public accounting at universities in Vietnam”.
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