Heading into an enthralling 2024

Heading into an enthralling 2024

Vietnam in 2023 could be most remembered for strengthening cross-border ties, pushing through new laws, or taking action to weather the storms created by trade issues, geopolitical conflict, inflation, and the post-pandemic landscape.
Various sectors in midst of digital boom

Various sectors in midst of digital boom

Several sectors are leading the way in innovation and salary performance.
Banking institutions expect advances

Banking institutions expect advances

Global political and economic uncertainties will persist in 2024, but as governments find a more common voice, it is expected that the banking and financial panorama will become brighter.
Experience desired for banking reform

Experience desired for banking reform

Vietnam’s banking sector, amid urgent restructuring led by key players and government efforts, is confronting unique challenges due to limited restructuring experience and the complexity of securing investors.
Strict process puts off real estate access

Strict process puts off real estate access

Vietnam’s banking sector is grappling with the challenges of stringent loan procedures and market imbalances, impacting the growth and accessibility of the real estate market.
Banking’s development in data and digitalisation era

Banking’s development in data and digitalisation era

Data is now at the centre of decision-making processes in today’s fast-paced world, where digital disruption is transforming all industries and causing a change in thinking.
Vietnam banks support 'adopt and build' approach to digital transformation

Vietnam banks support 'adopt and build' approach to digital transformation

Over 55 per cent of chief information officers in Vietnamese banks support an “adopt and build” approach to digital transformation.
Vested interests doing damage in banking

Vested interests doing damage in banking

Concerns are being raised by various stakeholders in Vietnam’s banking sector regarding the risks of cross-ownership, emphasising the need for regulatory reforms to enhance transparency, mitigate the dominance of major shareholders, and propose measures such as reducing ownership ratios and expanding information disclosure.
Preparedness crucial in safeguarding banking sector

Preparedness crucial in safeguarding banking sector

Banks are inherently fragile, it is therefore unavoidable that banks face turmoil periodically. Patrick Lenain, CEP senior associate, analyses how to limit the global banking stress impacts in Vietnam’s banking system.
Reinventing Vietnam's real estate cash flow

Reinventing Vietnam's real estate cash flow

In addition to finding a means to recover the real estate market, Vietnam's current concern is preventing hazards to the banking and financial systems.
Lenders must embrace responsibility to real estate

Lenders must embrace responsibility to real estate

The banking system is under pressure to assist the real estate market through recent turbulence. Dr. Le Xuan Nghia, member of the National Financial and Monetary Policy Advisory Council, talked with VIR’s Hong Dung about the situation and projections for what is to come.
VPBank signs with AWS to improve customer experience

VPBank signs with AWS to improve customer experience

VPBank on April 4 announced the signing of agreements with Amazon Web Services (AWS), and selecting AWS as its preferred cloud provider to build digital banking experiences for its customers.
Compliance rate rise bodes well for listed companies

Compliance rate rise bodes well for listed companies

A fair share of listed companies are complying with requirements when it comes to utilising independent directors, a new report has shared.
Study reveals Vietnam’s banks need more women in leadership roles

Study reveals Vietnam’s banks need more women in leadership roles

While women make up 60 per cent of the entry-level workforce in Vietnam’s banks, less than a third make it to senior management positions.
Fitch Ratings upgrades MB's international credit rating

Fitch Ratings upgrades MB's international credit rating

On November 17, Fitch Ratings announced its annual credit rating results, in which MB's long-term debt issuer credit rating was upgraded from B+ to BB-.
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