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: sbv
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.
State Bank of Vietnam Auctions Gold Bar After 11-Year Hiatus
The State Bank of Vietnam's auction sees subdued participation amid volatile global gold prices.
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.
Vietnam Central Bank to Auction $664,000 Worth of Gold Amid Market Demand
The State Bank of Vietnam will auction 16,800 taels (approximately $664,000 USD) of SJC gold bars, with a reference price of $3,233 USD per tael.
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 Cracks Down on Credit Card Fees After Debt Soars 1,000-Fold
Central bank orders banks to disclose all fees and interest rates upfront following a scandal where a forgotten $335 debt became $348,000 in 11 years.
SHB to increase charter capital to VND36.64 trillion ($1.56bln)
Central bank gives approval for increase from VND30.67 trillion ($1.3 billion) to VND36.64 trillion ($1.56 billion).
Yuanta: Bank stocks still very attractive
Before the State Bank of Vietnam decided to increase the operating interest rate from October 25, Yuanta said the increase would negatively affect the valuation of stocks. However, bank stock valuations remain very attractive.