Finance Banks rush to buy back bad debts July 11, 2019 Many banks have bought back the bad debts that they had sold before to the Vietnam Asset Management Company (VAMC), …
Finance Will Vietnam loosen monetary policies? July 08, 2019 Some central banks have loosened monetary policy to promote economic growth. Bloomberg reported that the US FED has decided to …
Finance Vietcombank to open New York rep office July 06, 2019 Bank licensed by New York and US regulators to open office in Q3. The New York representative office of the …
Finance VIB pushing cashless payment solutions June 17, 2019 Local bank staying abreast of cashless trends in Vietnam. Vietnam International Bank (VIB) recently shared its initiatives to pivot to …
Finance Shinhan Bank launches smart consumer loans on Zalo app May 02, 2019 Zalo users able to conveniently apply for consumer loans from Shinhan Bank. Shinhan Bank Vietnam has officially launched a smart …
Finance Tax incentives can speed up cashless payment in Vietnam May 02, 2019 Vietnamese banks are proposing tax incentives for businesses adopting e-payments as a way to boost cashless payments. Dao Minh Tuan, …
Finance Banks report large first quarter profits April 25, 2019 Several commercial banks in Vietnam have reported big profits in the first quarter of this year. At the annual shareholders’ …
Enterprise Vietnam c.bank’s reference VND/USD exchange rate at all-time high April 24, 2019 The State Bank of Vietnam on Wednesday set the daily reference exchange rate for the dong at VND23,013 per U.S. …
Finance Businesses borrow money from banks rather than issue bonds April 10, 2019 The government’s decree 163, with loosened requirements on bond issuance, is expected to encourage businesses to seek capital from bond …
Life Can foreigners open bank account in Vietnam? April 02, 2019 Considering moving to Vietnam to explore new opportunities? Or you’ve already landed here and are about to embark on your …
Finance VN Central Bank takes steps to downsize foreign currency credit March 28, 2019 Having bought a large amount of foreign currency to increase forex reserves, the State Bank (SBV) is continuing its strategy …
Finance Court requested to suspend the implement of changing Eximbank Chairman March 27, 2019 On 27th March 2019, The People’s Court of Ho Chi Minh City issued the decision No. 92/2019/QĐ-BPKCTT applying emergency measure …
Finance Nam A Bank funds for individuals, companies to buy Eximbank shares March 26, 2019 Several individuals and companies related to Hoan Cau Group and Nam A bank are possessing hundred million shares of Eximbank …
Finance Tu Huong’s husband – banking tycoon accused his son of withholding Nam A Bank March 18, 2019 Based on the accusation of Nguyen Chan – husband of banking tycoon Tu Huong, his second son is withholding the …
Finance Card skimmers steal money through ATMs at night in Ho Chi Minh City March 15, 2019 Residents across Ho Chi Minh City are reporting unapproved ATM withdrawals from their debit accounts, a situation reminiscent of a …
