HCM City's total oustanding loans reach $186 bln in 10M
Credit growth mainly focused on economic growth drivers as well as businesses and production sectors.
Vietnam banking summit highlights rapid digital transformation
Over 95% of transactions conducted via digital channels.
Banks ready to roll out $19.15bln credit package for technology firms
The package aims to boost infrastructure and digital technology.
Banks encouraged to join $3.8 bln credit package for agro-forestry and fishery enterprises
So far 15 commercial banks registering to participate in the credit program.
Commercial banks in HCM City pledge $7.8bln of preferential credit for businesses
This is part of the city's program to support businesses and promote economic growth.
VIS Rating: Banks’ asset risk stable in 9M
Asset risk shielded by limited exposure to typhoon-hit northern region.
Banks in HCM City offer $17bln in credit for businesses
The city's banking-business connection initiative has helped more enterprises gain access to credit.
Open API hub needed for banks to connect data
Digital transformation a top priority for the banking sector, VnEconomy conference hears.
Banks in HCMC provide over $21mln in credit for businesses
Southern city’s banking-business connection initiative has helped more enterprises gain access to credit.
Banks spend some $662mln on digitization
Daily transactions now reach 8 million, with a cash value of some $38 billion, as banks pay greater focus to digital transformation.
HCMC posts Q1 credit growth of 1.25%
Local banks continue to take measures to help businesses address the difficulties.
Binh Duong hosts business-bank connection conference
Conference aims to seek measures to tackle difficulties facing enterprises.
2023 credit growth set at 14-15%
Central bank sets seven key tasks for the banking sector this year.
Enterprises must prioritize risk management
Exchange rate shocks in 2022 were a valuable lesson for businesses.
Mechanisms needed to deal with weak banks
Restructuring aimed at stabilizing weak banks’ operations and helping them to gradually recover.
Digital banking, mobile payments on the rise
Prime Minister expresses his appreciation of the banking sector for leading digital transformation.
Banking system helps strengthen macroeconomy
The banking system has contributed to controlling inflation and maintaining high economic growth.
Punishment awaits banks raising interest rates
The central bank has said it will closely monitor the operations of credit institutions.
Banks begin to cut deposit rates
The Vietnam Bankers Association previously proposed a cap of 9.5 per cent per annum on deposits.
SBV introduces new regulations on selling collateral
Credit institutions and branches of foreign banks required to conduct a range of tasks when selling collateral.