Vietnam’s banking sector set to turn the corner in 2024
The fact that the Vietnamese dong depreciated by a modest 2.9% year on year in 2023 indicated high stability and improved foreign exchange reserves compared to the end of the previous year.
13:08, 2024/01/09
PM calls on banking sector to meet economy's capital needs
The main goal of the banking sector is to support economic growth while controlling inflation, contributing to the stability of the macro-economy, the monetary and foreign exchange markets, and financial security.
14:30, 2023/07/07
PM urges banks to ease lending requirements for SMEs
The Government plans to develop mechanisms that enable small and medium-sized enterprises to venture into new fields such as innovation, digital transformation, and the promotion of green, circular, and sharing economy models.
10:59, 2022/12/22
Vietnam banks' ratings on positive trajectory: Fitch
The favorable economic backdrop has enabled banks to take advantage of ample asset origination opportunities to expand while rising household incomes and improved business cash flow keep credit risks in check.
16:23, 2022/07/07
Vietnam Gov’t allocates US$685 million in interest subsidy scheme for 2022
The interest subsidy scheme is estimated to total VND40 trillion (US$1.76 billion) for the 2022-2023 period.
09:55, 2022/07/06
Vietnam targets 70% of population to have bank accounts in 2022
The banking sector is set to continue promoting the use of non-cash payment methods with greater convenience and safety for the public.
14:25, 2022/05/25
National Assembly greenlights extension of resolution on bad debt management
The validity extension of the resolution is of particular significance due to rising bad debts during the pandemic.
15:01, 2022/03/23
Vietnam’s corporate bond market in 2021 surges by 56% to US$32 billion
The size of the non-banking corporate bond market is on the rise.