27-10-2014 14:45
No major banks were among the 25 which failed the audit aimed at preventing a recurrence of the single currency area's debilitating financial crisis.
23-10-2014 08:51
The State Bank of Viet Nam (SBV) issued Circular 25/2014/TT-NHNN on 15 September 2014 containing guidelines for registering foreign loans that are not guaranteed by the Government (hereinafter referred to as foreign loans) as well as changes made to them. The Circular applies to residents that are enterprises, co-operatives, co-operative alliances and credit institutions other than State owned commercial banks, and foreign bank branches established and operating in Viet Nam as borrowers ("Borrower"), and organisations and individuals involved in the borrowing of foreign loans.
22-10-2014 09:29
Businesses have asked banks to give more unsecured loans based on business credit rating in a move to unclog the credit sources.
21-10-2014 09:29
Mergers and acquisitions (M&A) within the Vietnamese banking industry have contributed to the sector's restructuring in recent years, but experts are suggesting that big banks get involved in the process.
15-10-2014 19:47
Vietnam’s equitization of state-owned enterprises (SoEs), principally corporations and major banks will offer a host of investment and business opportunities for the economic private sector, foreign investors who may become Vietnam’s strategic partners.
07-10-2014 08:58
Many banks are offering credit packages that allow homebuyers to borrow up to 70 percent of the value of the apartment they want to purchase, but there are risks behind these seemingly attractive lending plans.
29-09-2014 15:40
HCM CITY - Remittances by overseas Vietnamese through banks and other official channels to HCM City could reach US$5 billion this year, an increase of $1 billion from last year, according to the State Bank of Viet Nam.
24-09-2014 14:43
Moody's has placed six Vietnamese banks on positive outlook, the credit rating agency announced on its website on Monday.
24-09-2014 10:05
Banks are continuing to struggle with fast rising potentially unrecoverable bad debts.
22-09-2014 13:43
HCM CITY - Potentially irrecoverable bank debts in HCM City now make up around 70 per cent of the total bad debts, according to the State Bank of Viet Nam's city branch.
22-09-2014 08:00
To businesses, winning prestigious global awards is a testament to their reputation, status, and quality of products and customer services. The accolades relevant to cash management and trade finance services are often some of the most sought-after by credit institutions. David Edwards, from the editorial team of The Corporate Treasurer (an industry leading publication owned by Haymarket Media) spoke with VIR’s Uyen Linh on the importance of these services to bank performance.
10-09-2014 09:05
Wall Street stocks fell on Tuesday (Sep 9), pulled down by major banks after the Federal Reserve signalled more stringent capital requirements.
08-09-2014 08:53
Hanoi - Commercial banks and credit rating agencies are likely to take their first cautious steps toward providing loans without requiring collateral by evaluating company's portfolios and their leadership.
05-09-2014 10:13
HCM CITY - Overseas Vietnamese have remitted nearly US$2.8 billion through HCM City-based banks in the first eight months of this year, 6.2 per cent higher than in the same period last year, according to the deputy head of the State Bank of Viet Nam's city branch.
04-09-2014 09:29
When the first sun rays glisten upon town, Lo Dieu Beach appears impressive with green-moss rock banks as the tide ebbs in the early or middle of the month. The untouched beauty of the scenery calls for local tourism development and awaits tourists’ footprints.