The State Bank of Vietnam (SVB) has awarded a certificate of merit and commemorative medals to Deutsche Gesellschaftfür Internationale Zusammenarbeit (GIZ) GmbH Vietnam leaders and managers.
he Bank for Investment and Development of Vietnam (BIDV) has been the only bank to receive the Best Retail Bank title of the 2016 Vietnam Outstanding Banking Awards.
Fitch Ratings has released a report forecasting that Vietnamese banks are set to improve gradually next year.
Banking experts shared their experiences in applying the Basel II capital adequacy guidelines at an IFC-hosted workshop on August 18 in Hanoi.
The banking sector has set the goal to keep bad debt ratio at a safe level of below three percent.
The State Bank of Vietnam has approved a plan to acquire a stake of 52% in state-controlled PVcombank as part of the ongoing restructuring process at the medium-sized lender, local media reported on June 22.
The State Bank of Vietnam (SBV) on May 17 launched a website on the banking sector’s scientific and technological activities.
Foreign firms are set to capitalise on Vietnam's privatisation drive and buy into assets such as Vinamilk and Mobifone to gain exposure to its fast-growing economy this year, boosting M&A deals that already hit a record US$4 billion in 2015.
Vietnam has seen clear progress this year in many areas like banking sector reforms, capital markets and foreign investment. Economist Vu Dinh Anh speaks with Vietnam News Agency about this.
The banking sector has experienced dramatic changes this year but has more reform is needed, delegates heard at the Vietnam Retail Banking Forum 2015 held on November 18 in Ho Chi Minh City.
Citibank NA, a unit of Citigroup Inc (C.N), said it will get the go-ahead soon from Vietnam's central bank to set up a subsidiary in the country, which would make it the seventh wholly foreign-owned lender to operate in Vietnam.
The bank for Development and Investment of Vietnam (BIDV) officially announced a 12% rise in its registered capital from VND28.11 trillion (US$1.30 billion) to VND31.48 trillion (US$1.44 billion).
The State Bank of Vietnam (SBV) will take bold actions against any breach of its rules on bank share ownership restriction.
The World Bank (WB) chief economist in Vietnam, Sandeep Mahajan, has shared his views on the country’s socioeconomic performance in the first months of 2015 after the Government presented a socio-economic report to the Legislature’s ongoing working session.
Mergers and acquisitions (M&A) in the banking sector in 2014 are not as common as in previous years when most of the M&A cases involved smaller banks merging into larger banks. This year a number of leading banks merged to create greater strength.
(VOV) - Many Malaysian giants are pouring billions of US dollars into Vietnam’s profitable investment areas such as banking, retail and securities, hoping to take the lion’s share of the market.
Experts have urged the government to set up a centre for credit services for struggling small- and medium-sized enterprises (SMEs).
Prime Minister Nguyen Tan Dung pressed for more drastic actions to restructure the credit organisations’ system for the 2011-15 period as scheduled when he addressed a conference held by the State Bank of Vietnam (SBV) to launch its 2014 tasks in Hanoi on December 18.
The State Bank of Vietnam (SBV) said it will promptly solve policy and mechanism-related problems to facilitate credit expansion and ensure the sector’s health safety in the coming time.
(VOV) - Prime Minister Nguyen Tan Dung has emphasised five major tasks for the State Bank of Vietnam (SBV) to implement this year, with a focus on ensuring credit growth reaches the set targets.