Though the asset quality of banks in Vietnam will be temporarily under control until the end of 2023, experts said more attention should be paid to the issue in 2024 as...
The banking industry has experienced a difficult period in 2023 due to global and domestic headwinds. However, the industry outlook is forecast to be more positive next...
Total loans outstanding as of November 30 at credit institutions in HCM City were worth over VNĐ3.4 quadrillion (US$140.15 billion), a 1.3 per cent increase from the...
As this is the last daily commentary of the year we thought that we’d outline some of our assumptions for next year and how these shape our predictions for financial...
VCBS expects the lending interest rate will decrease by another 1-1.5 percentage points in 2024. In particular, banks will consider lowering interest rate for some...
Perhaps understandably, there’s been what might be called ‘rate-cut-creep’ in the markets as it seems that both analysts and market pricing have inched forward the...
Việt Nam’s four largest banks, Agribank, VietinBank, BIDV, and Vietcombank, have continued to sharply reduce savings interest rates since this week.
In a recent report on the banking industry, VNDirect Securities Company said the average NIM ratio of 25 listed banks in the third quarter of 2023 was 3.32 per cent, a...
The other banks in the Big 4 group have altered their interest rates in response to Vietcombank's lead in setting the lowest deposit rates across all terms.
Trust in the Fed Chair is the lowest it has ever been according to Gallup and if you think that this is only a problem in the US, just look at the UK where politicians...
It seems that developed-country central banks have finished their tightening cycle, with the exception of the BoJ which has yet to start. But those banks meeting this...
According to Ms. Pham Phuong Linh, an analyst from KBVN Securities Company, the source of bad debt risks in the banking industry is a subject of concern in 2024,...
Due to the modest credit growth results in nearly 11 months of 2023, the State Bank (SBV) has decided to redistribute the credit "pie" with the expectation that it will...
With the pace of economic activities on the mend and inflation rates already easing below the target level, the State Bank of Vietnam (SBV) will maintain its refinancing...
Existing 'loopholes' in the Credit Institutions Law (amended) may make it easier for banks to engage in real estate trade in the same way as professional...
As the national economy is still rather unhealthy with the credit growth in the first 10 years only reaching half the set target, all banks are trying to unblock credit...
The Government is taking steps to increase oversight of the banking and securities sectors in response to recent scandals, including those at Saigon Joint Stock...
The State Bank of Vietnam (SBV) has announced it will adjust the growth targets among credit institutions as a result of uneven credit growth.
SBV’s statistics showed 28 banks have expected to increase their charter capital by more than VNĐ163 trillion in 2023, higher than last year’s number of VNĐ154 trillion....
Central banks have come in for a lot of criticism for missing the surge in inflation.
Market breadth was negative with 165 gainers and 351 losers, while 85 shares ended flat.
Despite deposit interest rates at banks have reached historically low levels, it is premature to anticipate a significant influx of capital from banks into the...
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