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.
Nascent model of open banking entices institutions

Nascent model of open banking entices institutions

Financial institutions are placing premiums on open banking services following global trends – but the cutting-edge implementation is fraught with obstacles owing to a flimsy legal framework.
Lenders explore new ways to up ownership

Lenders explore new ways to up ownership

Financial institutions are ramping up ownership in securities subsidiaries to tap into new and exciting investment opportunities on the stock market.
Institutions shift to greener methods

Institutions shift to greener methods

Financial institutions from around the world of all shapes and sizes are actively seeking approaches to reduce the profound impact of climate change as their sustainability initiatives
Cross-ownership wipe-out in financial institutions to finish soon

Cross-ownership wipe-out in financial institutions to finish soon

Over the past three years, divestment activities stoked up the cross-ownership "wipe-out" among financial institutions to strengthen ownership transparency.
Korean investors crowd Vietnam's credit sector

Korean investors crowd Vietnam's credit sector

Korean investors in the Vietnamese credit market are trying to grasp the top spots in the credit card segment which previously was rated as "highly potential."
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.
90 per cent of HNX-listed firms reported upbeat performance

90 per cent of HNX-listed firms reported upbeat performance

Listed construction and real estate development firms as well as listed financial institutions on the Hanoi bourse reported glorious profits for 2017.
Landmark law to tackle money laundering

Landmark law to tackle money laundering

Vietnam has been cited for a number of years as being a destination for international money launderers. Now, a landmark local law is expected to have a noteworthy impact on cleaning up the dirty money problem. Tony Nguyen and Nguyen Nu Thuy Linh, attorneys at EPLegal take a closer look at the law’s potential benefits and shortcomings.
Foreign borrowing sees new controls

Foreign borrowing sees new controls 1

The State Bank of Vietnam has spelled out the procedures local lenders are to follow if they wish to borrow funds from foreign financial institutions.
G20 agrees tougher financial regulations

G20 agrees tougher financial regulations

G20 leaders Friday endorsed tighter financial regulations, including tougher bank capital and liquidity standards, to guard against the "irresponsible risk-taking" which triggered the economic crisis.