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Reference exchange rate down 28 VND at week’s beginning

24-May-2022 Intellasia | VNA | 5:02 AM

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,117 VND/USD on May 23, down 28 VND from the last working day of the previous week (May [...] » More

Cashless payment market for workers to be held in HCM City

24-May-2022 Intellasia | DTI News | 5:02 AM

HCM City will organise a non-cash payment discount market for local workers. The event which will take place at Saigon Hi-tech Park and Tan Thuan Export Processing Zone on [...] » More

Unresolved bad debt remains at high level

24-May-2022 Intellasia | SGGP News | 5:02 AM

Although the results of bad debt settlement, according to Resolution No.42/2017/QH14 dated June 21, 2017, of the National Assembly on piloting bad debt settlement of credit [...] » More

Banks under pressure despite positive credit recovery

24-May-2022 Intellasia | VNS | 5:02 AM

Though credit demand is recovering quickly, banks still have to face big challenges related to rising bad debts, provisions and deposit interest rates. According to Le Xuan [...] » More

Enterprises, cooperatives, business households enjoy supported interest rate

24-May-2022 Intellasia | SGGP News | 5:02 AM

Deputy prime minister Le Minh Khai, on May 20, signed Decree No.31/2022/ND-CP on interest rate support from the State budget for loans to enterprises, cooperatives, and [...] » More

VND24.7 trillion of corporate bonds bought back before maturity

24-May-2022 Intellasia | Nhip cau Dau tu | 5:02 AM

After the State agencies’ rectifications for the issuance, service provision and investment of private corporate bonds, the corporate bond market in the first months of [...] » More

The banking industry to maintain good growth in 2022

21-May-2022 Intellasia | Dau tu Chung khoan | 5:02 AM

According to analysts, this year, as state-owned banks no longer have use part of the interest income to support the economy like in 2021, their profits are expected to [...] » More

Vietjet, HDBank partner to make air travel extra handy and cashless

21-May-2022 Intellasia | Vnexpress | 5:02 AM

HDBank and Vietjet have collaborated to launch Vietnam’s budget airline co-branded Platinum card with an aim to make flying and shopping more convenient and rewarding. [...] » More

Banks promote export lending

21-May-2022 Intellasia | Thoi bao Ngan hang | 5:02 AM

According to Thoi bao Ngan hang in HCM City and the southern provinces and cities, in the first months of 2022, the lending activities to manufacturing and export businesses [...] » More

Lenders reinforcing presence with bond issuance

21-May-2022 Intellasia | VIR | 5:02 AM

Commercial banks, with participation from local and foreign-backed institutions, are engaging in bond issuance despite severe regulations placed on this and volatile market [...] » More

Vietnamese banks expected to get better credit ratings

21-May-2022 Intellasia | VNS | 5:02 AM

Ratings of Vietnamese banks are expected to be continually improved thanks to Vietnam’s positive sovereign credit rating. Moody’s has recently assigned B3 ratings [...] » More

Shareholders concerned about bank stocks

21-May-2022 Intellasia | SGGP News | 5:02 AM

At the Annual general Meeting of Shareholders, it was decided that all banks would issue billions of additional shares to pay for dividends in 2022. This decision will [...] » More

Techcombank eyes seat at top Southeast Asian banking table

21-May-2022 Intellasia | Vnexpress | 5:02 AM

Aiming to become one of the top 10 banks in Southeast Asia, Vietnam’s Techcombank is prioritising sustainable growth over the long-term. “Even in the very tough [...] » More

Central bank limits foreign loans for trading stock, real estate

21-May-2022 Intellasia | Vnexpress | 5:02 AM

The State Bank of Vietnam wants to limit short-term foreign loans for trading stock and real estate as it seeks to prevent speculative bubbles in the market. The bank is [...] » More

Reference exchange rate up 3 VND on May 20

21-May-2022 Intellasia | VNA | 5:02 AM

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,145 VND/USD on May 20, up 3 VND from the previous day. With the current trading band [...] » More