Continuous allure of South Korean funds

Continuous allure of South Korean funds

While most investors in the world are still focusing on the pandemic and its impact on global markets, South Koreans in Vietnam have other issues to worry about as they are preparing to tackle one of the biggest business challenges: choosing the right location to invest in.
Shinhan Bank successfully modernises trading and risk platforms with Finastra

Shinhan Bank successfully modernises trading and risk platforms with Finastra

Shinhan Bank Vietnam has successfully standardised and integrated its trading and risk platforms with Finastra’s Fusion Kondor and Fusion Risk.
Shinhan Bank Vietnam complets three pillars of Basel II

Shinhan Bank Vietnam complets three pillars of Basel II

Shinhan Bank Vietnam has officially announced its application of Pillar 2 of Basel II on its internal capital adequacy, as prescribed by the SBV.
Positive changes prevailing in South Korean investments

Positive changes prevailing in South Korean investments

The lingering pandemic has already reshaped the global financial market, but foreign funds have still made their own ways into Vietnam.
VKBIA signs with Shinhan Bank, Megazone Cloud Group, and Hoang Quan Group

VKBIA signs with Shinhan Bank, Megazone Cloud Group, and Hoang Quan Group

VKBIA signed strategic cooperation agreements with Shinhan Bank, Megazone Cloud Group, and Hoang Quan Group to improve Vietnam-South Korea relations.
Corporate bond bonanza shaking up local market

Corporate bond bonanza shaking up local market

Despite lingering risks, fears of an economic downturn, and low interest rates, there has been  a windfall of corporate bonds issuance, with property providers and financial institutions the most active.
Shinhan Bank Vietnam and Van Lang University sign comprehensive partnership agreement

Shinhan Bank Vietnam and Van Lang University sign comprehensive partnership agreement

Shinhan Bank Vietnam and Van Lang University have entered a comprehensive strategic partnership to spread financial products and improve training quality.
Lively evolution continues through foreign consumer finance presence

Lively evolution continues through foreign consumer finance presence

Despite some legal concerns, international firms are ramping up their presence to reap the benefits from Vietnam’s consumer finance sector.
RoK's bank supports over 200,000 USD for Vietnam’s COVID-19 fight

RoK's bank supports over 200,000 USD for Vietnam’s COVID-19 fight

Ambassador of the Republic of Korea to Vietnam Park Noh Wan and the country’s Shinhan Bank on March 31 presented 5 billion VND (213,000 USD) to Vietnam’s fight against the COVID-19 pandemic.
South Korean banks apply caution amid relief moves

South Korean banks apply caution amid relief moves

South Korean lenders are continuing to play the waiting game in regards to measures to combat damage caused by the coronavirus outbreak, though domestic banks and investors have been placing growing bets on rate cuts or tolerance to loans.
Lenders at odds with supporting strategies

Lenders at odds with supporting strategies

While Vietnamese lenders have stepped up their support for the virus-hit economy by reducing lending rates or offering relief measures, foreign banks are adopting a wait-and-see approach.
Shinhan Bank expands footprint in Vietnam

Shinhan Bank expands footprint in Vietnam

Shinhan Bank Vietnam has opened four branches and transaction offices in Danang city, the capital Hanoi, Haiphong city, and Binh Duong province.
Shinhan Card launches Shinhan Finance and its corporate identity

Shinhan Card launches Shinhan Finance and its corporate identity

Shinhan Card inaugurated its consumer finance company Shinhan Vietnam Finance Co., Ltd. in Ho Chi Minh City, Vietnam.
Shinhan Bank launches smart consumer loan on Zalo application

Shinhan Bank launches smart consumer loan on Zalo application 1

Using smart consumer loan on Zalo application developed by Shinhan Bank Vietnam Limited “Shinhan Bank” has officially launched the smart consumer loan on Zalo application will help customers apply for convenient consumption loans from Shinhan Bank at the interest rate 1.33 per cent - 2.4 per cent per month, if having minimum monthly wage of VND5 million ($217.39) paid through bank accounts.  
Options open for overseas investors

Options open for overseas investors

Two of the largest commercial banks in South Korea, Shinhan Bank and Woori Bank, have established 100 per cent subsidiaries in Vietnam, growing into successful foreign lenders with increases in deposits and loans.
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