Pushing Digital Frontiers: Vietnam's Banking Sector Spearheads Tech Transformation
The country's lenders are at the vanguard of an ambitious plan to digitise the economy, but significant challenges still lie ahead.
Topic: bank
Vietnam Streamlines Banking Regulations, Promotes Shareholder Flexibility
The decision is meant to reduce red tape and simplify business operations for Vietnam's banks and credit institutions.
Profit Growth Slows Amid Disappointing Vietnam's Banking and Real Estate Sectors
The first quarter of 2024 paints a mixed picture for Vietnam's market, with profit growth tapering off amid lackluster performances from key sectors. While some industries show promise, others struggle to meet expectations, signaling potential challenges ahead.
Vietnam's Central Bank Cuts Gold Auction Price Amid Cancelled Sale
The State Bank of Vietnam has made south going moves in its gold auction strategy to gain more traction with buyers.
The State Bank of Vietnam Actively Pursues Measures to Restore Saigon Commercial Joint Stock Bank Operations
Deputy Governor Dao Minh Tu discusses State Bank's efforts to stabilize SCB and maintain financial system integrity at first-quarter press conference.
Vietnam Central Bank Intervenes to Stabilize Dong Amid Exchange Rate Surge
The State Bank of Vietnam has begun selling US dollars to curb a rapidly appreciating exchange rate, offering relief to banks with negative foreign currency positions.
Vietnam's Green Transition Poised for Growth, Says UOB Vietnam
UOB Vietnam's Commercial Banking Head discusses the country's favorable position for sustainable finance and the bank's role in supporting the shift.
Vietnam Central Bank Promises FX Intervention as USD Soars
The State Bank of Vietnam pledges to stabilize the dong after the USD hit record highs, citing abundant foreign reserves and flexible monetary tools.
Vietnamese Banks Predict Modest Credit Growth, Stabilizing Bad Debt Ratios
A survey by Vietnam's central bank finds a positive outlook from lenders, but highlights slowing momentum in the financial sector after a rough 2023.
Vietnam's State-Owned Banks Offer Lower Lending Rates than Joint Stock Counterparts
Vietnam's banking sector reveals average lending interest rates, with state-owned institutions boasting narrower spreads between deposits and loans.