Low credit growth, reducing profit put pressure on bank prospects in 2023
The outlook for the banking industry this year will not be as bright as previous years due to low credit growth and reducing profit, experts forecast.
The outlook for the banking industry this year will not be as bright as previous years due to low credit growth and reducing profit, experts forecast.
Compared to the same period last year, the processing and manufacturing industry increased by 3.5 per cent; electricity production and distribution increased by 3.7 per...
The world’s leading online travel platform, Booking.com, has announced a list of the top 10 most sought-after destinations by Vietnamese tourists during the upcoming...
The Circular No. 10/2023/TT-NHNN as issued by the State Bank of Vietnam (SBV) is a great step toward removing several barriers to bank loans. Credit policy, however,...
The government urged the State Bank of Vietnam (SBV) to research and use a proactive approach, listen to ideas, and seek feedback from enterprises and individuals...
Foreign arrivals to Vietnam were estimated to have hit 6.6 million in the first seven months of 2023, surging 6.9-fold compared to the same period last year but still...
Vietnam’s CPI rose 3.12% in the January - July period, foreign direct investment rose 4.5% and foreign tourist arrivals rose 6.9-fold. The country posted a trade surplus...
Lending interest rates will drop sharply in the second half of 2023 as capital costs of commercial banks are falling, analysts forecast.
In the midst of a global environment covered by the "dark clouds" of war, economic crisis, and natural calamities, ASEAN remains the world's "bright spot" in 2023.
Many other countries have turned to Vietnam and Thailand to seek rice imports amid unfavorable weather fluctuations caused by El Nino, which significantly impacted rice...
At the end of June, the State Bank of Vietnam (SBV) issued Circular No. 06/2023/TT-NHNN (Circular 06), amending and supplementing some provisions of Circular...
Each year, the shrimp industry contributes about 40-45 per cent of the total seafood export value, equivalent to US$3.5-4.3 billion.
Many banks have been stepping up bond buybacks before maturity, but experts are concerned the work can affect the banks’ ability to supply capital for the economy and...
Under resolutions issued by the National Assembly and the Government, Vietnam strives to gain an economic growth of 6.5% for 2023.
Pre-tax profit growth of the whole banking industry will decelerate in 2023 and there will be a significant difference in the growth between small- and large-sized...
Trade between Việt Nam and the US nations will flourish in the second half of this year, said the Counselor and Head of the Việt Nam Commercial Office in the US.
The Government has issued Decree No. 46/2023/ND-CP (Decree 46) detailing the implementation of a number of articles of the Law on Insurance Business (Decree 46). This...
Many car manufacturers have applied a 50 per cent cut in registration fees for buyers, depending on car models.
Việt Nam’s gross domestic product (GDP) is expected to grow 5.34% this year under the first scenario set out by the Central Institute for Economic Management (CIEM).
To implement Decree 44/2023/ND-CP of the Government stipulating the policy on VAT reduction according to Resolution No. 101/2023/QH15 dated June 24, 2023 of the National...
Vietnam’s gross domestic product (GDP) is expected to grow 5.34% this year under the first scenario set out by the Central Institute for Economic Management (CIEM).
Deputy Director of the Price Management Department Phạm Văn Bình held that with the CPI growth rate as recorded in the first six months of 2023, there is a high hope to...