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...
Central bankers continue to claim that inflation can be tamed without causing recessions.
The banking industry may have a hard time reaching its 2022 profit growth targets, but share valuations have dropped significantly to attractive prices.
Vietnam has controlled inflation at 2.25% in the first five months of the year, but inflationary pressure in coming time is very large. Therefore, monetary policy...
The State Bank of Vietnam (SBV) will increase its interference in the foreign currency market and stay ready to pump money to the market more frequently, thus creating...
According to Dr. Nguyen Quoc Hung, General Secretary of the Vietnam Bankers Association (VNBA), 70% of collateral for loans at banks is real estate, if this market...
The interest rate level for savings accounts continued to increase in the early days of June 2022, and the interest rate "race" now has the participation of the "big"...
Banks’ asset quality has been relatively affected as a consequence of the COVID-19 pandemic, in which 1Q22 average NPL ratio rose while LLR slightly reduced compared...
According to VNDirect, credit growth in Vietnam’s banking system would continue to accelerate, reaching at least 14% in FY22F.
The current global digitalised economy will give rise to new business models that will compete, support, or even cause traditional business models to completely shut...
Commercial banks in Vietnam are currently launching the 2 percent interest rate support package from the State budget package of VND40 trillion (US$1.7 billion) for...
Banks have been promoting a target of diversifying income sources to reduce dependence on credit.
VN
EN