Category: Finance
Surprise rate cut, but further easing unlikely, says Capital Economics
The State Bank of Vietnam’s (SBV’s) decision to cut interest rates by 25 basis points is surprising, given that growth appears to be holding up well at the [...]
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Vietnam Finance Forum 2019 takes place in Quang Ninh
The annual Vietnam Finance Forum 2019 was held in the northern province of Quang Ninh on September 19 by the Ministry of Finance, focusing its discussion on theme of [...]
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Shinhan Bank wins 2018 Global Service Quality award from Visa
The Shinhan Bank Vietnam Limited was honoured to receive the 2018 Global Service Quality award from Visa for being the “Bank with the highest authorisation approval [...]
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Reference exchange rate down 5 VND on September 20
The State Bank of Vietnam (SBV) set the daily reference exchange rate at 23,142 VND per USD on September 20, down 5 VND from the previous day (September 19). With the current [...]
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Banks benefit from reducing operating rates
The State Bank of Vietnam (SBV)’s decision to reduce operating rates had true value with large balances reflected in banks’ financial statements, especially when [...]
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The SBV net withdraws in 3 consecutive sessions
On September 18th, the State Bank of Vietnam (SBV) continued to offer a large amount of bills to partly withdraw money. The number of members participated and won at the bid [...]
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More than USD6.8 billion mobilised through private bond placement in first 8 months
According to the newly published statistics of the Hanoi Stock Exchange (HNX), the value of successful issuances in the first eight months of the year reached 157.901 [...]
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TPBank’s health improves positively after one year of listing
Tien Phong Commercial Joint Stock Bank (TPBank, code on HCM City Stock Exchange (HoSE): TPB)) is step by step affirming its stable and transparent health situation with its [...]
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Online savings surprisingly safer
In Vietnam, e-banking is growing strongly with many products launched to the market, including online savings products. Instead of going to the transaction counters, [...]
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Eximbank: New milestone in 2019
In the first six months, Vietnam Export Import Commercial Joint Stock Bank (Eximbank)’s business results grew steadily and positively, in which profit before tax [...]
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HCM City urges PM to address problems with realty mortgages
The current regulations on real estate trading, especially on mortgaging apartments that will be built in the future, have had certain adverse effects on the legitimate [...]
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Interest rates stay steady til year end: SBV official
With a positive macroeconomic background at the moment, interest rates will basically stay steady until the end of the year due to excessive liquidity and proper credit [...]
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KB Asset Management launches representative office in Vietnam
Launching the representative office in Vietnam is expected to help KB Asset Management (KBAM) a member of KB Financial Group (KBFG) expand its markets and develop investment [...]
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Banks’ strategy and response to Fintech’s competition
In Vietnam, there are currently 154 financial technology companies (fintechs) operating in many different fields, of which the majority are related to payment. This causes a [...]
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Reference exchange rate revised up 4 VND on September 19
The State Bank of Vietnam (SBV) set the daily reference exchange rate at 23,147 VND per USD on September 19, up 4 VND from the previous day. With the current trading band of [...]
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