Wealth management faces skills gap as investor confidence lags

Wealth management faces skills gap as investor confidence lags

A growing middle class is reshaping demand for wealth management, but a shortage of qualified advisers is slowing market development.
Fitch assigns first international rating to BAC A BANK

Fitch assigns first international rating to BAC A BANK

BAC A BANK has received its first international credit rating from Fitch Ratings, earning a B+ Long-Term IDR with a Stable Outlook.
How AWS is powering Vietnam’s financial industry transformation

How AWS is powering Vietnam’s financial industry transformation

Eric Yeo, country general manager, Amazon Web Services (AWS) Vietnam, analyses how AWS is powering transformation in the financial services industry.
Credit sees steady growth towards year-end

Credit sees steady growth towards year-end

Banks see improved credit growth in the third quarter of this year, driven by higher capital demand.
Citi report highlights common language for global payments

Citi report highlights common language for global payments

Citi’s latest GPS report presents a payment industry evolving swiftly due to the rapid growth of cross-border money flows.
Adjustments may be necessary for near-term gains

Adjustments may be necessary for near-term gains

Financial institutions are generally cautious about Vietnam’s economy in the near term, but expect a clearer recovery later this year. CEO of Standard Chartered Bank (Vietnam) Michele Wee spoke with VIR’s Hong Dung about concerns on Vietnam’s monetary policy.
High-end customers pave the way for specialised financial product ecosystem

High-end customers pave the way for specialised financial product ecosystem

With the growth of the middle class in the Vietnamese market, amidst a positively growing economy, the number of high-end customers for financial institutions, banks, and securities companies is steadily increasing. Dau Thi Kim Nhung, head of Retail Marketing at Vietcombank, covers priority customer activities with VIR’s Hazy Tran.
Opportunities to unlock in Vietnam’s green finance arena

Opportunities to unlock in Vietnam’s green finance arena

In recent years, financial institutions have pivoted from solely emphasising green finance to investing in businesses that both adapt to and mitigate climate risk impacts.
Data centricity - the pivot of your future strategy

Data centricity - the pivot of your future strategy

In just a few years’ time, data centricity will drive and predict the most important decisions, processes, and interactions of market-leading financial institutions (FIs) across Asia-Pacific and beyond.
Opportunities and challenges for Vietnam in financial sector reform

Opportunities and challenges for Vietnam in financial sector reform

Vietnam is presented with several opportunities and challenges, as it builds a resilient and modern financial sector legal and regulatory framework.
Vietnam seeks support from SK financial institutions in bank restructuring

Vietnam seeks support from SK financial institutions in bank restructuring

Vietnam is eagerly seeking the proactive involvement of South Korean financial institutions in its ongoing efforts to restructure the country's banking system.
Financial institutions ready to provide greener agro-loans

Financial institutions ready to provide greener agro-loans

Financial institutions have a significant role in advancing agriculture’s net-zero agenda by channelling green finance, educating the market, and helping agricultural companies build a sustainability mindset.
Newgen and FPT IS join hands on digitisation

Newgen and FPT IS join hands on digitisation

In late March, FPT Information System Co., Ltd. and Newgen Software jointly organised a workshop themed “Streamlining digital lending using low code platform”.
Lenders look further afield for recruitment

Lenders look further afield for recruitment

As digital transformation calls for a different set of skills and knowledge, many financial institutions are turning to the overseas market for recruitment.
US institutions here to help local leverage

US institutions here to help local leverage

A number of US-headquartered investment funds and financial institutions are displaying a growing appetite for Vietnam’s market, but regulatory bottlenecks must be expeditiously addressed to realise their ambition.
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