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.
Staying on track for economic stability

Staying on track for economic stability

Over the past five years, the banking sector implemented many solutions and made important contributions to national socioeconomic development, and last year the sector’s activities helped to remove difficulties for people and businesses affected by the g
Central bank targets credit growth of 12 percent in 2021

Central bank targets credit growth of 12 percent in 2021

The State Bank of Vietnam (SBV) targets a credit growth rate of 12 percent in 2021, equivalent to the growth of 12.13 percent last year, according to SBV Deputy Governor Dao Minh Tu.
Data sharing and security top concern for banks: experts

Data sharing and security top concern for banks: experts

Big data is a vital issue for banks in the digital transformation process, with data sharing and security top concerns, experts have said.
EVFTA lends newfound vigour to banking sector

EVFTA lends newfound vigour to banking sector

The ratified EU-Vietnam Free Trade Agreement is expected to bring a historic change in the Vietnamese banking sector, but also sets sizeable challenges for both foreign and local lenders before they can receive good returns on investment.
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