The real estate industry has been very beneficial to the Vietnamese economy. It is critical to implement an acceptable credit policy rather than halting loans for this...
Rising global inflation is still among the top world news stories these days. US inflation has now hit an all-time new record of 9.1 percent. This is undoubtedly causing...
With inflation rising dramatically, the critics are out and, not surprisingly, central banks are in the firing line.
Although Decree 31/2022/ND-CP of the State Government offers support to businesses, cooperatives, and business householders at 2 percent interest rate when borrowing...
Bank-insurance cooperation (bancassurance) has always been considered one of the main drivers of banks' profits. However, improper compliance has been adversely...
The State Bank of Vietnam is facing multiple pressures in 2022 in managing the foreign exchange rate, such as net withdrawal of hundreds of billions of dongs through the...
By the end of the first half of 2022, although banks have not yet released specific financial statements, some forecasts have predicted that profits of some banks may...
Many banks have so far not only closed their doors to real estate development borrowers but also restricted loans to home buyers.
Vietnam bank ABBANK uses SAS Advance Analytics Solution for Risk Management to speed customers’ credit scoring process for its retail customer segment.
The State Bank of Vietnam has plans to offer e-lending facilities and has recently made amendments to a draft for Circular 39/2016/TT-NHNN for the supplementing of a...
The State Bank of Vietnam (SBV) has so far this year sold about 12-13 billion USD to stabilise the domestic forex market, according to Viet Dragon Securities Corporation...
A majority of credit institutions (CIs) are optimistic about their business performance in Q3 2022, the State Bank of Vietnam (SBV)’s latest survey on business trends of...
In July, the “race” of deposit interest rates became even stronger when there were banks that increased by 1% as well as the continued participation of big banks.
As the pandemic retreats, Vietnam’s finance and banking sector have been proactively supporting the economy in its bounce back.
Large banks are starting to join the deposit interest rate hike race along with small- and medium-sized banks due to rising capital demand pressure after a long time...
The settlement of disputes related to security assets of bad debts at banks is still limited, not accepted or resolved according to simplified procedures, affecting the...
Banks are forecast to have a credit expansion at the end of the third quarter of 2022, according to Saigon Securities Incorporation.
A survey by the Bank for International Settlements (BIS) published in May states that there are currently 81 countries participating in Central Bank Digital Currency...
Although several industries are rebounding, they have not yet returned to their pre-COVID-19 levels of growth.
In the setting of high inflation in many countries, investors are experiencing "headaches" in selecting an investment channel that can both maintain wealth and produce...
Pham Chi Quang, Deputy Director General in charge of the Monetary Policy Department, State Bank of Vietnam (SBV), said that the agency will increase the frequency...
According to Vietnam Bankers Association, the banking sector currently has a loan balance of about VND12 quadrillion with a huge number of customers. Therefore, the...
VN
EN