Vietnam names 17 major banks in finance system
Banks in the list are classified as important pillars to the finance-banking system, and therefore subject to close credit risk monitoring and warning under the SBV’s instruction.
09:34, 2021/34/27Banks provide packages to aid enterprises amid 3rd Covid-19 outbreak
Banks in Vietnam are responding to the government’s call in forgoing parts of their profits to support customers affected by the pandemic.
15:38, 2021/38/16Banks stocks set for strong growth in 2021
Banking sector is set to post a strong growth of 21-28% year-on-year in pre-tax profit in 2021, subsequently leading to higher value of banks stocks.
14:38, 2021/38/07Banks report higher profit in 2020
The banking sector is set to have a bright outlook in case the economy return to the uptrend growth.
16:36, 2020/36/26Vietnam, Japan in favourable conditions to further investment, trade relations: Amb.
The Japanese Ambassador lauded the comprehensive and strategic partnership between Vietnam’s state-run Vietinbank and Japan-based MUFG Bank over the years, which has served as a bridge for two business communities to boost trade and investment cooperation.
08:58, 2020/58/16Vietnam banks promote loans with low interest rates by year-end
Given abundant liquidity and low demand for credit, banks are offering attractive loans during the year-end period.
09:48, 2020/48/05Vietnam four major state-owned banks can raise registered capital with gov't funding
Under the new regulation, state-owned commercial banks where the state holds more than 50% can now be able to raise their registered capital to maintain the government control.
11:34, 2020/34/21Japan firms expect further streamlined investment procedures in Vietnam
The issue was raised at a conference held between Vietnamese government agencies and major Japanese enterprises in Vietnam to address their issues.
15:22, 2020/22/28Vietnam credit system overcomes biggest test yet in Covid-19: PM
While the banking has to continue its efforts to deal with bad debts, credit institutions are required to support the economic recovery efficiently, said Prime Minister Nguyen Xuan Phuc.
14:21, 2020/21/17Fitch lowers rating outlooks of Vietnamese banks on Covid-19
These actions stem from the sharply lower - albeit positive - growth that Vietnam faces from the Covid-19 pandemic.