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Search Results: 7,454 results for keyword "bank".
Shares unlikely to drop in the short-term: brokerages
20-12-2021 11:50
A new price level is gradually being established amid the current sideways accumulation trend of the VN-Index and it is unlikely that a new downtrend will appear in the short term, said brokerages.
ADB helps Southeast Asia revive tourism and boost sustainable, inclusive investment
20-12-2021 07:47
The Asian Development Bank (ADB) is doing its utmost to recover tourism and boost inclusive, sustainable development in the sector, and help local entrepreneurs, especially women and youth, adopt digital platforms to grow their tourism businesses.
Asian markets drop after rally as traders consider higher rates
17-12-2021 15:44
Asian equities mostly fell Friday, pulling back from the previous day's rally as traders consider central bank plans to combat soaring inflation by ending the era of ultra-cheap cash, while also navigating a Covid-19 infection spike that threatens an already fragile economic recovery.
Currency approval boosts SBV policy
16-12-2021 14:00
Reports from the US Treasury Department reaffirming that Vietnam is not manipulating its currency for trade advantage is expected to benefit the stock and banking system, while inflation risks are said to be under control thanks to the central bank’s flexible mechanisms.
Corporate bond ban may set back M&A progress
16-12-2021 11:36
A ban on credit institutions and commercial banks buying corporate bonds to contribute capital and acquire shares of enterprises is being considered a barrier for investors in carrying out mergers and acquisitions.
SCB successfully holds Annual General Meeting of Shareholders 2020
15-12-2021 17:53
Saigon Joint Stock Commercial Bank (SCB) successfully held the Annual General Meeting of Shareholders in fiscal year 2020. The meeting approved by majority the report of operating activities in 2020, operational orientation, and scheme in 2021, as well as other contents related to the bank's administration and governance.
Developing Asia growth outlook slightly down in 2021-2022
15-12-2021 15:20
The Asian Development Bank revised its economic growth outlook for developing Asia, down slightly to 7 per cent this year and 5.3 per cent next year, after renewed outbreaks of coronavirus disease led to slower growth in the third quarter.
Tet bonus 2022 likely to be lower due to the pandemic
15-12-2021 12:14
Businesses in banking, technology, and seaports are likely to keep Tet bonus levels the same as in 2021 for their staff while the others are also trying to balance finances to encourage employees after a tough year due to COVID-19, but Tet bonuses will likely be lower.
MB becomes the first Vietnamese commercial bank offering blockchain-enabled L/C services
15-12-2021 10:23
Military Commercial JSB (MB) becomes the first Vietnamese commercial bank to join the Contour network to provide blockchain-enabled letter-to-credit (L/C) services for import-export corporates.
PV Power signs $95 million credit contract
14-12-2021 15:27
Today (December 14) at the headquarters of PetroVietnam Power Corporation (PV Power), a signing ceremony was held for a $95 million credit contract between Asian Infrastructure Investment Bank, Natixis Bank, and Dakdrinh Hydropower JSC (PV Power DHC). The new loan with preferential interest rate is expected to reduce production costs for the company and provide it additional capital to invest, upgrade, and improve current systems and equipment of the plant to improve operational efficiency and increase profits.
Equalising access to banking
14-12-2021 12:39
Vietnam's very first digital banking platform, Timo has rapidly evolved since 2015 to become the No.1 digital bank in the market. Henry Nguyen, CEO of Timo Digital Bank talked with Bich Ngoc about the company’s strategy to cooperate with different partners to co-develop the still fledgeling field in Vietnam.
Banking platform Mambu raises €235 million to accelerate investments in innovation
13-12-2021 08:02
Banking technology platform Mambu, which has a growing presence in Vietnam, has announced a €235 million ($265.9 million) Series E round, which was the largest private financing round for a banking software platform and made it one of the highest-valued B2B software as a service companies founded in Europe.
Committing to a balanced and resilient economy
11-12-2021 12:40
Vietnam is mulling over a big programme on economic recovery and development. Andrew Jeffries, country director for Vietnam at the Asian Development Bank, talked with VIR’s Thanh Thu about how the country can provide effective support for its economy.
Life insurers move chess pieces to snap up fresh partnerships
11-12-2021 11:48
Life insurers are competing for a larger share of Vietnam’s thriving insurance business, as seen by the ambitions to expand their footprint and form alliances with commercial banks in the country.
Banks reposition for trend transition
11-12-2021 11:43
While state-owned banks are dominating the domestic credit and debit card categories, privately-held banks in Vietnam are expanding their international payment footprint.
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