The association said that many enterprises and farms were on the verge of collapse with thousands forced to narrow down production scale or temporarily halt operation...
Việt Nam's banking sector has invested over VND15,000 trillion in digital transformation by the end of 2022, according to the State Bank of Vietnam (SBV).
Four State-owned banks have further cut deposit interest rates by 0.2-0.3 percentage points to reach around 7 per cent for 12-month deposits.
Even as the biggest real estate businesses struggle with debts and bankruptcy, banks continue to stay afloat and tackle the bad debt situation over a period of time....
The Fed has suggested that it has paused its rate hikes. It is not the first developed-country central bank to do so and others could be joining soon, such as ECB, BoE.
At the end of 2022, survey results showed that 13 of 27 banks had an increase in bad debt ratio, but by the first quarter of 2023 this number was "bigger" when it...
Data from the State Bank of Vietnam (SBV) showed by the end of 2022, the charter capital of the whole banking system reached VNĐ876.99 trillion, up 13.04 per cent over...
Reducing interest rates, maintaining interest subsidies, hiking credit limits, and providing unsecured loans to manufacturing businesses are among the demands made by...
The banking system still has to mainly provide capital for the whole economy as the country’s capital market is still inadequate
Banks in Vietnam are now very keen to tie up with financially strong foreign partners to increase their capital, especially in the current situation where capital flow...
It seems as if regional US banks are toppling over like a stack of dominoes. The Federal Reserve has already tried to help banks from becoming the next to fall but...
Banks have been steadily cutting deposit interest rates, which have reached around 8%, a move aimed at reducing lending rates to support businesses.
The State Bank of Việt Nam (SBV) plans to seize four weak commercial banks in a move aimed at strengthening the country's banking system.
Analysts believe that concerns about credit conditions and the debt limit dispute will maintain gold prices at historically high levels for the foreseeable future.
It is no wonder governments don’t like the vigilantes but, in some ways, they might be doing policymakers a favour.
President of the Vietnam Chamber of Commerce and Industry (VCCI) Pham Tan Cong recently hosted a working meeting with Mr. Ramachandran A.S (RamC), Country Officer for...
Capital and interest rates continue to be issues mentioned by industry associations at the Conference “Removing difficulties in production and business and boosting...
In April, many big names in the sector announced changes to their Boards of Directors.
Since February, domestic stocks have been almost flat, while the US Dow Jones is back near historic heights. Both domestic and foreign stock markets have had a positive...
The Prime Minister said economic development had experienced some setbacks, with a recorded growth lower than last year. To adapt and, more importantly, to move the...
Borrowing capital of enterprises at banks is an old story, but new details always arise. Especially in the current difficult market situation, enterprises expect the...
As of April 24, foreign banks and credit organizations have officially initiated a restructuring of loan repayment terms while retaining the current debt group to assist...
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