19-03-2024 10:15
Vietnam’s small-scale financial leasing market is being overwhelmed by foreign businesses, with local counterparts expecting a more favourable playing field fuelled by the new Law on Credit Institutions.
23-02-2023 17:13
As more than $52 billion is due to banks and bondholders from real estate corporations, not to mention the requirement for additional loans, experts say a purge in the real estate market is unavoidable.
17-01-2023 11:11
The State Bank of Vietnam (SBV) will likely provide commercial banks with more credit room in January, according to economists.
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.
10-10-2019 16:16
While digital transformation has become an inevitable trend for development in today’s modern world, compliance risk, however, might pose remarkable hurdles to banks wishing to go digital.
26-08-2019 18:59
Banks' customers are being targeted by new phishing attacks by criminals posing as bank officials and asking customers for their one-time password (OTP).
31-10-2018 09:00
Many countries are rushing to sell US bonds as China might be threatening to dump US bonds. Experts are weighing how the situation would impact Vietnam’s development.
15-10-2018 11:09
Agribank’s revenue in the first half of 2018 increased by 37 per cent, which is a positive signal for the bank before its IPO, but problems with capital pose a threat to success.
05-09-2018 18:03
Foreign players are eager to join Vietnam’s lucrative fintech market, while local banks have been scaling up co-operation with fintech firms to avail themselves of Industry 4.0 opportunities.
08-05-2018 13:00
DeAura, in collaboration with FE Credit, enticed thousands of customers to sign loan agreements of nearly $2,000 each without any financial check.
03-04-2018 18:43
Unlike in previous years, founding financial firms or boosting consumer loans has not been among the hot topics at banks’ annual general shareholders’ meetings this year.
20-03-2018 11:47
After the government green-lighted Vietcombank to sell the state-owned stake to foreign investors, the bank is expected to sell a total of 10 per cent, commensurate with over 350 million shares, in a separate issuance and/or through public auction to a limited number of foreign investors.
19-03-2018 22:22
Over the last thirteen months, the volume of foreign investment injected into Vietnam-based financial institutions (FIs) not only bolstered M&A (mergers and acquisitions) in the finance-banking sector, but also sped up the restructuring process at FIs.
05-03-2018 16:07
A few days after the Tet Holiday, numerous commercial banks silently raised interest rates due to liquidity-related issues, the whopping demand for capital, and the great competition among Vietnam-based commercial banks.
03-03-2018 16:38
With the season of banks’ annual general meetings (AGMs) approaching, small-scale banks are distressed over countless issues, such as failing to reach 2017 targets, the alarmingly high rate of non-performing loans, the constant alteration of banks’ key positions, and bottomed-out stock prices.