Commercial banks have continuously announced lending interest rate reductions to support and accompany customers to overcome the adverse impacts of the COVID-19 pandemic.
With such a move, customers would now have another six months to recover their business operations.
The State Bank of Vietnam (SBV) has officially proposed a Law on Handling Bad Debts of Credit Institutions (CIs), when the Covid-19 pandemic may increase bad debts and...
Banks at the end of July reported significant increases in first-half profits on strong credit growth despite pressures from the pandemic
Economic growth is surging in the developed nations, inflation is rising sharply, some central banks have already started to pare back their monetary stimulus,...
Banks will continue to tighten lending in risky sectors including securities, real estate, financial, and tourism business, seeing higher credit risks in the remaining...
The demand for permanent workers is forecast to be especially strong in the banking, securities, and information technology sectors.
The recent news by several Commercial Banks to lower lending interest rates can be considered good for businesses in particular and the economy in general.
KB Securities said, the USD/VND exchange rate in H2- 2021 would be flat and move in a narrow range.
About 600 small and medium-sized enterprises (SMEs) in Vietnam will get support in applying technology solutions to improve labour productivity and their competitiveness...
Domestic banks will continue striving to ensure business performance and deliver on commitments to investors while supporting clients amid difficulties this year.
Both sides are committed to maintaining close cooperation and look forward to addressing other shared challenges, such as supporting a strong and inclusive recovery from...
The State Bank of Vietnam continues topping the 2020 Public Administration Reform (PAR) Index, the Government’s Steering Committee for Administrative Reform has...
The Vietnam Bank for Agriculture and Rural Development (Agribank) on July 15 said it will cut lending rates in Vietnam dong for the fifth time.
The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) again tops the list of ten most prestigious commercial banks in Vietnam this year, according...
The cut, which begins from this month to late 2021, will depend on each bank’s financial situation.
Vietnam’s economy is expected to grow by between 6-6.5 percent over the next decade, and at this pace, it will surpass Singapore by 2030, DBS Bank experts have said.
Businesses should open letters of credit (L/C) when selling goods instead of using traditional methods of collection or money transfer and preferably this L/C...
Phu Hung Securities JSC (PHS) said, Vietnam’s stock market remain in an uptrend. So, investors should use the shakes to restructure their portfolio on good fundamental...
Car loans are considered a potential credit segment of many banks. But under the impact of the Covid-19 pandemic, banks were anxious because it was difficult for...
Vietnam Report Joint Stock Company has recently announced Vietnam’s Top 10 prestigious and effective public companies in 2021 with six of them in banking and finance...
According to FiinGroup, although total operating income of commercial banks in Q1-2020 declined slightly compared to the previous quarter, their earnings still grew...
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