31st Sea Games - Vietnam 2021 Covid-19 Pandemic
Weak credit demand leads to credit growth at only 4.81% in Jan-Sept
The growth rate is far away from the credit growth target of 14% set by the government for this year.
12:56, 2020/56/09
Vietnam c.bank to finalize legal framework for fintech, digital banking
The government is responsible for not only promoting innovation in the banking sector, but also maintaining stability and safety of the financial market.
10:38, 2020/38/28
Hanoi eyes half of population conducts cashless payments in e-commerce by 2025
The local goverment expects 55% of its population to get involved in e-commerce by 2025 and the percentage is set to grow by two percentage points per year.
10:41, 2020/41/17
Vietnam credit growth slows to 2.13% in 6-month period
Credit demand in Vietnam is expected to stay low in the foreseeable future as the Covid-19 pandemic continues to be complicated globally, said a central banker.
14:30, 2020/30/27
Vietnam gov't pushes for wider use of cashless payment
Cash has constituted 11.3% of total means of payment as of December 31, 2019.
13:47, 2020/47/19
Vietnam targets 55% of population shopping online by 2025
Hanoi and Ho Chi Minh City would make up half of the country’s e-commerce revenues in the next five years.
13:05, 2020/05/15
Vietnam gov't to look into Mobile Money project this month
The banking authority has worked with relevant ministries and branches in launching direct carrier billing service.
08:08, 2020/08/20
Mobile money to add up 0.5 ppts to Vietnam economic growth
Over 50% of the Vietnamese population does not have a payment account at banks, therefore, mobile money would offer a non-cash payment method for a large base of customers.
16:04, 2019/04/30
Vietnam’s 4 state-run banks to qualify for Basel II in 2020
By the end of 2020, all commercial banks are required to meet Basel II standards, a condition for local lenders to expand their respective credit growth limit and increase registered capital.
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