banking

Vietnam among world’s earliest in banking digital transformation: forum

14:33 | 29/05/2023 Finance

Vietnamese banks are among the earliest in the world to make the digital transformation, experts have said.

PM works with ministries, agencies on finance-banking activities

20:05 | 23/04/2023 Finance

Prime Minister Pham Minh Chinh held a working session with the State Bank of Vietnam (SBV), the Ministry of Finance and the Ministry of Justice on April 22 to review and step up the issuance of two important circulars related to the finance-banking sector.

Vietnam’s banking system shows signs of money surplus

14:38 | 10/04/2023 Finance

Vietnam’s banking system is showing signs of returning to a period of money surplus as no bank needs the State Bank of Vietnam's (SBV) capital in the open market operation (OMO) channel and overnight interbank interest rates have dropped sharply.

SBV works to mitigate potential risks for non-banking credit institutions

14:42 | 13/02/2023 Finance

The State Bank of Vietnam (SBV) is collecting comments on its draft circular to minimise potential risks for non-banking credit institutions and ensure they work in accordance with international standards.

Banking sector suffers from difficulties

06:42 | 23/01/2023 Finance

VCN - Experts from VNDirect Securities Company said that the tensions in the corporate bond and real estate markets would negatively affect the quality and liquidity of banks.

Banking profit growth in 2023 is forecast to decelerate

12:09 | 20/01/2023 Finance

In 2023, credit institutions are more cautious with the business situation, and many forecasts raise concerns that profit growth will decelerate.

Failure to keep the exchange rate will cause difficulties for import and export

11:12 | 16/01/2023 Import-Export

The USD/VND exchange rate has increased by about 3.81% compared to the end of 2021, but the devaluation of VND against USD is lower than that of other currencies in the world.

Banking industry difficulties forecast to continue in 2023: analysts

17:01 | 12/01/2023 Finance

The banking industry will continue to face difficulties in 2023 in the context of the real estate market downtrend and the less positive import and export outlook, analysts forecast.

Banking industry difficulties forecast to continue in 2023: analysts

16:51 | 11/01/2023 Finance

The banking industry will continue to face difficulties in 2023 in the context of the real estate market downtrend and the less positive import and export outlook, analysts forecast.

PM asks banking sector to ensure legitimate interests of people, businesses

16:24 | 28/12/2022 Headlines

Prime Minister Pham Minh Chinh on December 28 tasked the banking sector with ensuring monetary security and safety, as well as legitimate rights and interests of people, businesses and relevant subjects in 2023 and the following years.

Restructuring to boost M&A in banking industry

16:17 | 06/12/2022 Finance

Weak banks that are restructuring will be the target of merger and acquisition (M&A) deals in the near future as the Government is strongly promoting the restructuring of the country’s finance and banking industry.

Banking industry boosts digital transformation

16:09 | 13/10/2022 Finance

The Central Economic Commission and the State Bank of Việt Nam held a high-level summit Smart Banking 2022 in Hà Nội on Wednesday.

Banking sector needs improved legal framework to speed up digital transformation

16:32 | 10/10/2022 Finance

The banking sector was expecting amendments to the Law on Electronic Transactions would help remove bottlenecks and speed up the sector’s digital transformation progress.

M&A in banking industry expected to stay high in H2

17:18 | 28/08/2022 Finance

Mergers and acquisitions (M&A) in the banking industry are expected to remain high for the rest of the year as the industry continues the digital transformation process, according to experts.

Finance ministry sets targets for banking system

16:11 | 23/08/2022 Finance

The Ministry of Finance (MoF) has issued targets for restructuring banks in a bid to bolster the strength of Vietnam’s financial sector.