Bank credit registers slight fall in first two months

Bank credit registers slight fall in first two months

Credit growth fell slightly at the start of the year.
Stock market supported by diverse factors

Stock market supported by diverse factors

Bao Viet Securities' Tran Xuan Bach shares his views on the stock market's prospects.
Credit law creates banking safeguards

Credit law creates banking safeguards

The latest amendment of Vietnam’s Law on Credit Institutions is set to significantly enhance the banking sector’s resilience and transparency, profoundly impacting its operational landscape and consumer accessibility.
Banking sector gets ball rolling on 2024 performance

Banking sector gets ball rolling on 2024 performance

Forecasts for Vietnam from financial institutions are optimistic for this year, primarily due to policies for reducing interest rates and bolstering digitalisation.
Forum discusses impact of climate change

Forum discusses impact of climate change

The 2023 Vietnam Climate Forum took place in Hanoi on September 21.
VWAS 2023: Swimming in the vortex

VWAS 2023: Swimming in the vortex

The Vietnam Wealth Advisor Summit (VWAS) 2023 is taking place in Pullman Hanoi on August 8, under the theme "Swimming in the Vortex."
Asset quality crucial to banking sector

Asset quality crucial to banking sector

Tran Thi Khanh Hien, head of Research at MB Securities, delves into the factors impacting bank performances this year.
Banking sector focuses on credit institution restructuring associated with bad debt settlement

Banking sector focuses on credit institution restructuring associated with bad debt settlement

The banking sector should take more drastic measures to restructure credit institutions in association with the settlement of bad debts to contribute to curbing inflation and stabilising macro-economic factors, according to insiders.
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.
Tech advancement to boost bank prospects

Tech advancement to boost bank prospects

Only banks with a knack for technology may be willing to shift towards sustainable development in an efficient manner, industry leaders say.
Plenty of room for digital transformation in banking

Plenty of room for digital transformation in banking

Digital transformation is a process, not a destination. Nguyen Chien Thang, director of the BIDV Digital Banking Development Centre, spoke with VIR’s Hong Dung about the potential rewards.
Banks race to implement digital transformation ecosystem

Banks race to implement digital transformation ecosystem

The local banking sector, currently undergoing drastic restructuring, will have more opportunities to improve its financial capacity as well as learn modern business models and management from UK partners after the UK-Vietnam Free Trade Agreement (UKEVFTA) takes effect, according to banking insiders.
Digesting fintech sandbox draft rules

Digesting fintech sandbox draft rules

A couple of months ago, the Vietnamese government issued a second draft decree on implementation of the regulatory sandbox for fintech.
Banking sector to maintain the lifeblood of the economy

Banking sector to maintain the lifeblood of the economy

Top bank leaders have discussed their development trajectories for the new year to successfully meet all economic goals set for 2021-2025.
Credit market share of private banks rise

Credit market share of private banks rise

Private banks have posted significant growth in credit market share in the past five years.
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