Resident and non resident foreigners in Vietnam are still permitted to make term deposits at local banks despite some banks saying they would not accept savings deposits from individual foreign ...
Some commercial banks have managed to gain approval for an enlarged credit quota from the State Bank of Vietnam, whilst others failed to do so.
Domestic banks have unveiled positive business performance results in the first half of this year, with some new records being set.
VCN - The reform of administrative procedures and support for business activities have been done well by the banking sector in recent years
Commercial banks have sought to raise capital via bond issuance as their tier one capital mobilization has run into difficulties.
Banks will assess environmental pollution risks when granting loans to projects in some industries, according to a State Bank of Vietnam (SBV) draft regulation.
Banks and financial institutions should apply industry 4.0 technologies and find new solutions to handling risks from e-payments if they want to further develop their products and services in the ...
Vietnamese banks are stepping up plans to expand their markets globally instead of focusing only on the Indochinese region.
The State Bank of Vietnam (SBV) has assigned a credit growth limit to each commercial bank in 2019, with priority given to those who met Basel II’s capital safety and ...
Both Vietnamese and foreign banks are rushing to raise their chartered capital to satisfy the requirements of Basel II.
Many banks have recently announced they will recruit a large number of personnel to meet their business expansion plans in 2019.
Last August Prime Minister Nguyen Xuan Phuc issued Decision No 986 on the Development Strategy of the Banking Sector
VCN - Recently, in order to reduce the work for the State Treasury, the collaboration with commercial banks in collecting revenue has always been boosted, and has helped the collection ...
Several local banks are reportedly determined to list on stock markets in 2019 after delaying last year
The Military Commercial Joint Stock Bank (MB) ranked third among 14 Vietnamese banks in the list of 500 strongest banks (AB500) in Asia-Pacific recently released by The Asian Banker.