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.
19:27, 2017/12/14
Simplification in financial systems is key for sustainable and inclusive development
Vietnam is embarking on a process of implementing a broad range of reforms designed to realize its aspiration of becoming high-income country.
14:22, 2017/12/09
Vietnamese banks gain largely from bancassurance
Business cooperation with insurance companies has become a new channel contributing significantly to the surge in revenue and profits of many commercial banks this year.
10:26, 2017/12/09
Vietnamese banks to be listed in stock market
Ho Chi Minh Development JSC (HD Bank) is planning to list its share on Ho Chi Minh City Stock Exchange in 2018, after deciding to sell 20% of its shares to foreign investors.
13:35, 2017/12/08
Credit growth touches 15.3 per cent in 11 months
The credit growth of the banking system in November rose 2.8 per cent against the previous month, pushing the total rise in the 11 months of this year to 15.3 per cent.
10:25, 2017/12/01
The role of commercial banks in the ecosystem of online consumer finance
In the ecosystem of consumer finance, both customers and banks hold key roles.
15:21, 2017/11/29
Report: Vietnam market among the most attractive office yields
According to the latest Savills Office Yield Spectrum 2H 2017 report, Vietnam has proved to be the market offering the most attractive office yields in the world,
16:40, 2017/11/27
Fifteen VN banks listed in Asia Pacific’s 500 strongest banks in 2017
Fifteen Vietnamese banks have been recently named in The Asian Bankers’ AB500 ranking and survey of Asia Pacific’s strongest banks.
10:28, 2017/11/26
42 banks qualify to provide guarantees for future home purchases
The State Bank of Vietnam has released a list of 42 commercial banks which are eligible to provide guarantees for future home purchases according to Circular 13/2017.
13:25, 2017/11/24
Vietnamese billionaires fortune beyond Forbes’ estimation
Many Vietnamese businessmen are getting rich quickly and their position on the world rankings rises dramatically. However, many of those in the list is now far exceeding what Forbes announced.
14:22, 2017/11/22
Loans to high-end properties to be tightened
Vietnam’s commercial banks will have to prioritize credit for low-cost housing and social housing projects while slashing lending for high-end and mid-level developments.
19:47, 2017/11/21
Ailing banks permitted to go bankrupt from next year
The National Assembly (NA) has officially allowed ailing banks to go bankruptcy as the last resort, starting from January 1 next year.
17:51, 2017/11/18
Deputy PM: "Thoroughly control the public debt of no more than 65% of GDP"
"Thoroughly control the public debt of no more than 65% of GDP, government debt of no more than 54% and foreign debt of no more than 50% by 2020", affirmed by the Deputy Prime Minister Vuong Dinh Hue to the National Assembly on November 16.
17:18, 2017/11/17
Vietnam's foreign reserve hits record high of 46 bln USD
Vietnam`s foreign reserve hit an all-time record high of 46 billion U.S. dollars as of mid-November, according to the country`s central bank.
14:32, 2017/11/14
Credit growth reported at 13.5% in 10 months
Credit growth in the 10 months through October reached 13.5 per cent, the National Financial Supervisory Commission said in a latest report.
12:26, 2017/11/14
Tax management regulations proposed to be amended
Law on tax management should be amended to efficiently calculate and collect taxes from global technology companies such as Google and Facebook.
10:18, 2017/11/10
Banks enhance recruitment to meet business plans
Many commercial banks have so far this year recruited hundreds or even thousands of personnel to meet business performance plans.
09:49, 2017/11/08
Exporters worry as deadline for stopping foreign currency loans comes close
Exporters will no longer allow borrowing bank loans in foreign currencies from next year if the State Bank of Vietnam (SBV) does not extend a circular regulating the issue.
14:24, 2017/11/03
Improving relationship between banks and enterprises
In order to get bank loans, enterprises has to improve in various aspects in addition to supports from administrative agencies.
12:46, 2017/11/03
Banks in Vietnam in search of foreign talents
Recently, Vietcombank, one of the biggest commercial bank in Vietnam has recruited a foreign expert to be its Retail Banking Director, which is also Vietcombank’s first foreign senior executive.
17:11, 2017/11/01
Moody's upgrades outlook for Vietnam banking system to positive
Moody`s Investors Service on October 31 changed its outlook for Vietnam`s banking system to positive for the next 12-18 months from stable, reflecting the country`s strong economic prospects and the positive outlooks for most rated banks.