Lenders reinforcing presence with bond issuance

Lenders reinforcing presence with bond issuance

Commercial banks, with participation from local and foreign-backed institutions, are engaging in bond issuance despite severe regulations placed on this and volatile market conditions.
Foreign banks jostle for increased share

Foreign banks jostle for increased share

Earnings of international financial institutions in Vietnam have been inconsistent during the last few years due to focus on longer-term strategies, but some are experiencing a dramatic drop in fortunes.
Korean banks buckle up for expansion

Korean banks buckle up for expansion

The four largest financial behemoths of South Korea are attempting to advance in Vietnam, highlighting the country’s robust development prospects.
Fresh CEO rush shakes up Vietnam’s banking arena

Fresh CEO rush shakes up Vietnam’s banking arena

With competition in the financial landscape mounting in recent years, a wave of new CEOs in some major foreign-invested banks operating in Vietnam is slated to boost corporate innovation and responsiveness to rapidly-changing business conditions.
Financial institutions opting more into eKYC convenience

Financial institutions opting more into eKYC convenience

Fintech companies, banks, and other financial institutions are making great strides to go paperless, eliminating physical movements and paperwork, and becoming more cost-effective through electronic processes.
Banks bet on consumer credit growth

Banks bet on consumer credit growth

Credit institutions are being encouraged to implement consumer credit packages and preferential rates as an effective way to stimulate spending sprees and help the domestic economy tide over the storm.
Banks act carefully amid uncertainties

Banks act carefully amid uncertainties

As the global health crisis continues to inflict hardship on every sector, both international and domestic banks are becoming more risk averse in order to keep their businesses afloat, while trying to get rid of bad loans.
Foreign banks gear up to expand networks in Vietnam

Foreign banks gear up to expand networks in Vietnam

In the last two years, Vietnam saw many foreign finance institutions leaving Vietnam or scaling down their investment.
South Korean banks entering Vietnam in wake of FDI surge

South Korean banks entering Vietnam in wake of FDI surge

Inspired by many South Korean businesses and investors making a splash in Vietnam, many South Korean financial institutions are seeking to further invest or shore up their operations here. And it is not only South Korean businesses, but local ones too that such investors are aiming at.
Shinhan Bank Vietnam:  a champion for education

Shinhan Bank Vietnam: a champion for education

Twenty years of doing business in Vietnam has given Korean banking executive Hong Man Ki an informed perspective of the importance of focussing on more than just money.