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.
VN stocks fall as investors look for short-term profits

VN stocks fall as investors look for short-term profits

Vietnamese shares declined on Friday as investors looked for profits in large-caps and the banking sector.
VN-Index gains for 5th day

VN-Index gains for 5th day

Viet Nam’s benchmark VN-Index rallied for a fourth straight day with growth momentum provided by the banking sector.
State Bank sets cashless payments as top priority for 2020

State Bank sets cashless payments as top priority for 2020

The State Bank of Vietnam (SBV) has issued a resolution to boost cashless payments in the country.
Banking sector bad debts under microscope

Banking sector bad debts under microscope

Local credit institutions have been praised for combating bad debts last year, challenging other private and state lenders to follow suit.
PM urges banks to aid key economic sectors

PM urges banks to aid key economic sectors

Prime Minister Nguyen Xuan Phuc has told the banking sector to make it easier for businesses in key sectors of the national economy to access capital.
HDBank to pay out dividends at 35 per cent ratio

HDBank to pay out dividends at 35 per cent ratio

HDBank announced that it would pay 2017 dividends in cash and preferential shares at the ratio of 35 per cent. This is the highest among Vietnamese banks.
Bad debts and risk provisions remain on top of banks’ agenda

Bad debts and risk provisions remain on top of banks’ agenda

Throughout the AGM season, bad debt resolution and risk provisions were the most worrisome issues emerging in the banking sector in since the beginning of 2017.
VIB setting the bar high for 2018

VIB setting the bar high for 2018

VIB officially announced the 2018 targets and made proposals to pay dividend and conduct its ESOP, as well as raise charter capital.
Five banking scandals in the world that shook customer faith

Five banking scandals in the world that shook customer faith

VIR listed the five most notorious banking scandals from recent years.
Economic flaws top CG agenda

Economic flaws top CG agenda

This Monday’s Consultative Group meeting for Vietnam aims to advise the government on ways to address a series of economic bottlenecks.
Nation needs to remain vigilant

Nation needs to remain vigilant

On the eve of this week’s Consultative Group (CG) meeting for Vietnam, Sanjay Kalra, Vietnam resident representative of the International Monetary Fund (IMF), talked to VIR’s Thanh Tung about what Vietnam’s government should do to chart a better course through the economic turbulence.
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