Malaysia's CIMB greenlit to increase charter capital for Vietnamese bank arm

Malaysia's CIMB greenlit to increase charter capital for Vietnamese bank arm

Malaysian bank CIMB announced that the SBV has approved its request to increase the charter capital of its CIMB Vietnam to VND3.69 trillion ($160.43 million).
Visa makes it a breeze to receive funds from abroad with Visa Direct

Visa makes it a breeze to receive funds from abroad with Visa Direct

Visa has partnered with Vietnamese banks to make it easier for Visa debit card holders to receive inbound remittances using MoneyGram and Remitly.
Vietnam among top 10 unbanked nations in the world

Vietnam among top 10 unbanked nations in the world

Fintech investors are growing interest in Vietnam that, nevertheless, is among the top 10 unbanked nations in the world.
Mastercard to be banned in India for non-compliance with data storage rules

Mastercard to be banned in India for non-compliance with data storage rules

India has just announced to ban the US-based payment behemoth Mastercard for non-compliance with data storage rules, effective from July 22.
Enterprises to enjoy preferential rates with loans from BAC A BANK

Enterprises to enjoy preferential rates with loans from BAC A BANK

Supporting the businesses in difficulty and helping them recover, BAC A BANK is implementing a loan package with super-preferential lending rates.
Japanese lender Aozora Bank supports Vietnam's COVID-19 vaccine fund

Japanese lender Aozora Bank supports Vietnam's COVID-19 vaccine fund

Aozora Bank yesterday donated ¥5 million ($44,930) to the Vietnamese Embassy in Japan to support the Vietnamese government's COVID-19 vaccine fund.
Six banks among 10 most effective listed companies in Vietnam

Six banks among 10 most effective listed companies in Vietnam

Six Vietnamese banks, including Vietcombank, ACB, VPBank, VIB, MB, and Techcombank are among the 10 largest, most effective listed companies.
South Korean financial super app Toss raises $410 million, betting on Vietnam

South Korean financial super app Toss raises $410 million, betting on Vietnam

Viva Republica, the operator of financial app Toss, has raised $410 million in its latest funding round to expand in overseas market, including Vietnam.
Vietnamese fintech startup MFast raises $1.5 million in pre-Series A round

Vietnamese fintech startup MFast raises $1.5 million in pre-Series A round

MFast has wrapped up a $1.5 million seed round investment featuring Do Ventures as lead investor and JAFCO Asia as co-investor.
Directive No.40-CT/TW: correct, creative, deeply humane

Directive No.40-CT/TW: correct, creative, deeply humane

More than five years of implementing Directive No.40-CT/TW, several important results have been achieved.
BAC A BANK launches new app programme

BAC A BANK launches new app programme

To spur on non-cash payment and optimise e-bank transactions, BAC A BANK is deploying a preferential programme on installing its app for enterprise customers.
Golden population structure and financial pressure in an aging society

Golden population structure and financial pressure in an aging society

One of the 10 countries with the fastest aging population in the world, Vietnam has an estimated 30 years within the “golden population structure”.
Visa partners Sacombank to launch Business Reporting, an SME spend management tool

Visa partners Sacombank to launch Business Reporting, an SME spend management tool

Visa teamed up with Sacombank to provide SMEs in Vietnam with Business Reporting, an enhanced spend management tool designed to manage business expenses.
Vietcombank launches eKYC, allowing customers to open accounts anywhere within minutes

Vietcombank launches eKYC, allowing customers to open accounts anywhere within minutes

This outstanding development assists customers to open Vietcombank accounts anywhere and anytime online, avoiding waiting time at transaction counters.
Vietnam faces a possible gap in financial accessibility and awareness

Vietnam faces a possible gap in financial accessibility and awareness

Despite Vietnam's 70 per cent adult population having a bank account, a new global research shows possible gaps in financial accessibility and awareness.
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