Scores of Fintech companies have had to cut their workforce by half because of slumps in sales and struggles navigating the law's grey areas.
The Circular No. 10/2023/TT-NHNN as issued by the State Bank of Vietnam (SBV) is a great step toward removing several barriers to bank loans. Credit policy, however,...
International cooperation is needed to enhance cyber immunity and create a secure digital world, experts said at a conference on Thursday (Aug 24) in Indonesia.
The government's initiative to disburse a favorable credit package of VND 120,000 billion for investors and purchasers of social housing and worker accommodations,...
The government urged the State Bank of Vietnam (SBV) to research and use a proactive approach, listen to ideas, and seek feedback from enterprises and individuals...
In trying to manage this reduction in global inflation, policymakers want to try to ensure that a sort of “Goldilocks” situation exists. They want to create economies...
The story of linkage in production and product consumption has always received a lot of attention because it will make an important contribution to reducing input costs,...
Merchandise export turnover in July was estimated at USD 29.68 billion, up 0.8% over the previous month and down 3.5% over the same period last year. In general, the...
Enhancing access to credit for businesses and individuals is a major concern for the entire society. During these challenging times, all levels of authority, sectors,...
Commercial bank interest rate cuts have a beneficial influence on the real estate market, accompanied by anticipation of capital inflow.
Interest expense in the first 6 months of this year increased by 47 per cent year on year, despite efforts from regulators to lower interest rates.
The proposed changes in the ownership ratio have raised concerns in the banking system, as they fear they may hamper economic growth.
The Vietnam Cooperative Union said that the regulation that the total amount of deposits not exceeding 20 times the equity causes many difficulties, hindering the demand...
The financial statements of the first 6 months of 2023 of banks are gradually being "revealed", in which, the picture of bad debt is still covered in gray.
Financial markets showed a nervy reaction to the decision by Fitch to strip the US of the top AAA rating on Tuesday but, as far as we can tell, few think that it will...
According to Associate Professor Dr. Dinh Trong Thinh, interest rates are now progressively lowering, and banks could consider cutting the adjustment period of...
The Government Office on July 31 issued a notice on Prime Minister Pham Minh Chinh’s opinions at a recent conference reviewing the performance of the banking sector in...
The risk of bad debt is warned to continue to increase, so banks recommend more legal corridors to effectively handle bad debts. At the same time, they promote the...
At the end of June, the State Bank of Vietnam (SBV) issued Circular No. 06/2023/TT-NHNN (Circular 06), amending and supplementing some provisions of Circular...
In the context of declining economic growth and difficulties in exports, the 2% value-added tax (VAT) reduction policy is an effective solution to help businesses...
Too much dependence on credit to boost the economy is not the safe path.
According to experts, a cheap or substandard credit would entail high risks. Therefore, if the government wishes to boost credit in the economy, it must change certain...
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