Regional, international financial centers mean boosters to Vietnamese economy: Deputy PM
Ho Chi Minh City envisions its financial center encompassing the money market, banking system, capital market, and derivatives market.
17:51, 2025/01/07
Vietnam prioritizes agriculture and renewable energy for access to green loans
The move is part of the government’s effort to accelerate economic restructuring and build resilience to climate change while protecting the environment.
16:49, 2025/01/06
Vietnam GDP expands by 7.09% in 2024
The 2024 growth rate is considered positive amidst global uncertainties and domestic challenges such as natural disasters.
14:39, 2025/01/04
Vietnam stock market set to accelerate in 2025: Experts
Stable macroeconomic fundamentals, ongoing institutional reforms, and favorable monetary policies will be positive for corporate earnings.
08:38, 2018/12/07
Higher foreign ownership urged to aid Vietnam’s banks in integration
The relaxation of foreign ownership ceiling to 49 percent is needed to help banks meet requirements in the country’s integration and be able to compete with international peers.
17:03, 2018/12/05
Vietnam becomes CIMB Bank’s first pilot market for digital banking
Vietnam is one of the most inspirational success stories in Asia, with strong economic growth and tremendous potential for development, a CIMB official said.
17:11, 2018/12/04
ADB to provide US$100 million loan to boost Vietnam’s finance sector
The program supports several government reforms to strengthen, deepen, and broaden the outreach of Vietnam’s formal finance sector.
13:06, 2018/12/04
Foreign investment warms up share race in Vietnam’s stock market
The pressure for domestic securities companies will increase along with the expansion of foreign-owned securities ones.
16:57, 2018/12/03
Vietnam shares jump most in 7 months on Asia gains following Xi-Trump talks
Asian shares rallied today and Vietnamese peered followed suit.
10:17, 2018/11/30
Vietnam's fiscal deficit narrows to US$257.7 million in Jan-Nov
State budget revenues as of November 15 reached VND1,160.1 trillion (US$49.82 billion), equivalent to 87.9% of the year`s estimate.
08:12, 2018/11/29
Vietnam’s insurance market captures foreign investors
The participation of foreign investors has helped domestic insurers enhance their insurance capacity through training, legal framework and operation of products.
15:42, 2018/11/27
Deregulation is Vietnam’s major attraction to South Korean banks
Vietnam is working to ease the foreign ownership limit to attract overseas capital, restricting foreign ownership in banking at 30%, any single foreign investor restricted to 20%.
11:12, 2018/11/23
Japan’s Sumitomo Mitsui invited to take part in Vietnam's banking revamp
The Japanese bank plans to expand preferential loans to Vietnam, especially in infrastructure development, and commits to a long-term business in the country.
08:15, 2018/11/23
Rising interest rates cause headache for enterprises in Vietnam
Growing mobilization rate could lead to an increase of 0.5 - 1 percentage point per year in lending rates in the remaining months of 2018, depending on each bank.
15:39, 2018/11/20
Vietnam’s bond market records growth of 15.7% to US$53 billion in Q3
The figure was boosted mainly by the 5.2% on-quarter and 14.7% yearly expansion in the government bond market to US$49.0 billion.
08:35, 2018/11/17
Foreign banks tap into Vietnam's retail banking
Retail banking and financial services contributed largely to positive business performance of Vietnamese banking sector in the first half of 2018.
14:35, 2018/11/13
Vietnamese banks race to end cross-ownership to obey law
The State Bank of Vietnam (SBV) expects to put an end to cross-ownership in the banking system by 2020.
14:31, 2018/11/10
Vietnam’s listed banks see credit grow 11% in Jan-Sep
It is expected that around VND391 trillion (US$16.76 billion) of credit could flow into the economy in the last quarter of 2018, which will be enough to meet the entire demand of the economy in the remaining months.
15:01, 2018/11/09
ADB finances Vietnam US$16 billion so far: Deputy PM
The funding has been channeled to 165 programs and projects across the country, mostly in the government-prioritized fields namely infrastructure, climate resilience, and renewable energy, according to the government’s portal.
08:56, 2018/11/09
Moody's lowers outlook on Vietnam’s banking system amidst trade war woes
Moody`s expects Vietnam`s real GDP growth to remain one of the strongest in ASEAN, at 6.7% in 2018 and 6.5% in 2019.
06:26, 2018/11/08
Deposits in Vietnam banking system up 10% in 9 months
Deposits at three major state-run banks stood at VND2,550 trillion (US$110.04 billion), accounting for 46% of total deposits at 28 banks, CafeF reported.
17:07, 2018/11/06
Brokerage predicts BIDV's pre-tax profit up over 8% in 2018
The future sale of 600 million shares to KEB Hana, if successful, will have a big positive impact on BIDV’s financial picture by improving its credit and profit growth potential.
13:55, 2018/11/06
USD/VND exchange rate remains stable in face of Chinese yuan's slide
The State Bank of Vietnam (SBV)’s timely intervention has been key to stabilize the VND in the context of global uncertainties.
08:13, 2018/11/06
JICA helps Vietnam improve transparency of stock market
Improving the transparency of Vietnam’s securities market is necessary due to rapidly increasing market capitalization in the context of further transition to the market economy and development of the private sector.