VCN- At the end of May, ACB’s Board of Directors approved a plan to issue individual bonds in the second half of 2019 totaling VND5,500 billion with terms of 2-3 ...
The State Bank of Vietnam (SBV) must take action to ensure 90 percent of the Vietnamese population over the age of 15 have bank accounts by 2030.
VCN - The fourth industrial revolution (Industry 4.0) is gradually changing the distribution channel and traditional banking products and services.
VCN - Collateral such as real estate and cars at banks are being offered for sale to speed up the recovery of bad debts.
The State Bank of Vietnam is encouraging credit institutions to forge closer ties with fintech firms in order to develop Industry 4.0-based applications and subsequently offer more benefits to individual ...
VCN- A noticeable point in 2019 business plans is the caution in setting targets of listed companies, especially big ones.
A lack of cooperation between banks, service providers and customers is the major issue preventing the widespread use of cashless payments in Vietnam, Nguyen Dinh Thang, Chairman of LienVietPostBank’s Board ...
The State Bank of Vietnam (SBV) said on May 30 that it will continue to coordinate with relevant Vietnamese ministries and agencies regarding the US Department of Treasury’s issues of ...
The State Bank of Vietnam (SBV) ranked first in the administration reform index among ministries and ministry-level agencies for the fourth consecutive year, with a score of 90.57 per cent.
VCN- According to the State Bank, 94% of Vietnamese banks are in the early stages of developing or building a digital transformation strategy.
Commercial banks have been proactive in handling bad debts with many posting an increasing ratio.
VCN- According to many experts, of macroeconomic variables including exchange rates, interest rates and inflation, the exchange rate is considered the most difficult to manage and administer.
A fifth of all Vietnamese enterprises do not have access to financial loans, according to the Vietnam Chamber of Commerce and Industry (VCCI).
VCN- Although lastyear was successful for the banking system, with profits of up to trillions of dong, targets for 2019 are cautious.
VCN- According to the State Bank, credit structure has shifted into production and business sectors, with trade and service credit accounting for 61.19%, up 16.5%.