Banking sector

Banks do well in first half but difficulties lie ahead for the year

19:46 | 15/07/2020 Finance

Despite a worldwide economy hit hard by the COVID 19 pandemic the banking sector has still enjoyed a good first half of the year and are on course to meet targets

Dollar billionaires and hot competition in the banking sector in 2019

19:03 | 04/01/2020 Headlines

Two dollar billionaires in the banking sector emerged in 2019, which also witnessed competition that led to big changes in the economy.

Positive changes made to resolve bad debt

19:54 | 22/10/2019 Finance

The banking sector had made considerable headway into settling bad debt restructuring credit institutions and developing the banking system two years since the National Assembly issued a resolution on the industry

Banks actively improved administrative procedures for businesses

17:03 | 21/06/2019 Finance

VCN - The reform of administrative procedures and support for business activities have been done well by the banking sector in recent years

Banking sector leads corporate bond issuance

20:40 | 20/06/2019 Finance

Banking entities have to date led the domestic corporate bond market as they managed to mobilize VND18.2 trillion (US$782.6 million) from bond issuances.

Increase the initiative for monetary policy

14:01 | 12/05/2019 Import-Export

VCN- On May 8, in Hanoi, Saigon Times coordinated with the State Bank to hold the Vietnam Banking Overview Forum 2019 with the theme ‘For the development of the banking sector’.

How are alliances in the banking sector performing?

16:10 | 26/03/2019 Finance

Nearly half of the cooperation agreements between Vietnamese banks and foreign strategic shareholders have been terminated after one decade.

Foreign investment in banking sector to surge

19:17 | 05/03/2019 Finance

The improved business performance of Vietnamese banks and a Government regulation to require local banks to meet stricter capital regulations as part of Basel II standards is spelling the start of a wave of foreign investment into the country finance and

Higher foreign ownership imperative, say banks

19:47 | 02/03/2019 Finance

Last August Prime Minister Nguyen Xuan Phuc issued Decision No 986 on the Development Strategy of the Banking Sector

Vietnam’s banking sector clean-up to weigh on credit growth

20:22 | 11/02/2019 Finance

The Vietnamese Government is ramping up efforts to clean up the banking sector, which will likely lead to more sector consolidation over the coming quarters, according to a research unit of Fitch Group.

M&As in banking sector encouraged

15:51 | 14/08/2018 Finance

The Government plans not to license any more wholly foreign-owned banks in Vietnam but encourages foreign banks to buy weak domestic banks, said Deputy Prime Minister Vuong Dinh Hue.

Banking sector looks towards sustainable development

18:56 | 07/08/2018 Finance

Deputy Governor of the State Bank of Vietnam SBV Nguyen Kim Anh has underscored the decisive role of banking sector in economic shifting via targeting capital flows into sustainable development goals

Credit in the first 5 months up by 6.16%

15:44 | 12/06/2018 Finance

VCN - According to the State Bank of Vietnam (SBV), in the first months of 2018, results of monetary policy and banking operations have been on the right track.

Experts: Banking sector to enjoy another strong year

18:10 | 22/04/2018 Finance

The banking sector will enjoy another strong year in 2018 experts told a seminar in Ho Chi Minh City this week

Banking sector cautious about monetary policy loosening

17:05 | 16/09/2017 Finance

Easing the lending interest rate further by 0 5 percent and obtaining a high credit growth rate of 21 22 percent as instructed by the PM will not be an easy task