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Mizuho Bank to invest $170 million and acquire 7.5 per cent stake in M-Service

10-12-2021 19:03

Japanese megabank Mizuho Bank is reported to invest around $170 million to acquire a 7.5 per cent stake in M-Service, the company behind e-wallet MoMo.

MBBank App makes it into the “Top Apps of 2021” by Apple Store

10-12-2021 19:02

Apple just announced the App Store Awards 2021, with the MBBank app being the only banking application in Vietnam to make it onto the Top Apps of 2021 on iOS.

Digital banks and fintech startups eye Vietnam's unbanked and underserved consumers

10-12-2021 13:49

Digital banks and fintech startups are increasingly offering innovative products and solutions targeting the unbanked and underserved consumers post-pandemic.

Breakthrough M&A deals expected in banking and finance

09-12-2021 13:30

Many large deals are on the horizon in mergers and acquisitions (M&A) in banking and finance in 2022, with transaction values of billion of dollars.

Global Finance named Citi Best Corporate Digital Bank in Asia-Pacific

09-12-2021 10:38

Citi has been named Best Corporate Digital Bank in Asia-Pacific by Global Finance Magazine in the second and final round of the 2021 World’s Best Digital Bank Awards.

Multi-cloud is the new trend

07-12-2021 21:00

Cloud computing is no longer just a phase, it has become a vital trend in Vietnam, especially for the local banking sector. Tran Nhat Minh, VIB deputy CEO and head of Banking Technology Services, shared with Nhue Man how multi-cloud is now essential due to the personal data security and large storage capacity it offers.

Digital banking and legal issues around electronic documentation

07-12-2021 12:08

The development of digital and electronic banking requires the completion of a legal system in related fields, especially regulations on electronic documents.

Suitable economic recovery hinges on monetary policy

07-12-2021 09:00

The State Bank of Vietnam anticipates significant risk inflationary pressure in 2022 while considering reigning in the expansionary monetary policies of the past years – however, strong credit growth due to stronger demand is predicted with the economy’s reopening.

BAC A BANK makes debut of Chip Contactless cards

07-12-2021 08:54

BAC A BANK has launched its own debit cards with contactless technology to optimise safety and security, and boost the speed of transaction processing.

Policy credit: the fulcrum to support the poor

07-12-2021 08:54

Along with the government’s many policies and measures to realise the national target programmes on sustainable poverty reduction and building new-style rural areas, the Vietnam Bank for Social Policies has been carrying out multiple policy credit programmes assigned by the government with efficient support for needy people and diverse policy beneficiaries.

Bank relief to keep SMEs above water

06-12-2021 14:56

Small- and medium-sized enterprises, which form the brunt of the domestic private sector, play a vital role in the Vietnamese economy. However, the segment has been hit hard by the COVID-19 pandemic, prompting banks to roll out various support initiatives.

Digital transformation in banking: Riding the waves of disruption

06-12-2021 09:50

Digitisation has taken centre stage and is now part of almost every conversation, whether in a business or social setting. The digital transformation we are experiencing is impacting every area of our lives; it is changing the way we do things, the way we interact with one another, and the way businesses operate.

Policy credit drives growth across Vietnam

03-12-2021 17:42

From just three credit programmes at first, the Vietnam Bank for Social Policies currently deploys more than 20 credit programmes in favour of needy households and other policy beneficiaries under the government’s assignment and several loaning schemes.