Shinhan Life Insurance of the Republic of Korea on January 25 launched operations in Vietnam.

The deposit growth rate of individual customers at banks slowed last year due to the impacts of the pandemic.

The Vietnamese automobile market has continued to rebound, gaining slight growth in 2021, data from manufacturers showed.

The Vietnamese stock market continued to reach another historic record, with the largest number of new accounts opened in December after 21 years of operation.

The Asian Development Bank (ADB) signed a US$25 million loan with Tien Phong Commercial Joint Stock Bank (TPB) to expand access to finance of women-owned and -led small and medium-sized enterprises (WSMEs) in Vietnam.

A number of Vietnamese banks plan to sell more shares to foreign investors in 2022 as part of set strategies.

The increasing demand for services for the elderly has created investment and business opportunities for local and foreign investors.

The Mergers and Acquisitions (M&A) market in Vietnam has been going through a downturn due to the pandemic, but the technology sector is bucking the trend, according to experts at a seminar on digital transformation and M&A on January 11.

Banks increased their charter capital by more than VND110 quadrillion in 2021 - the highest annual growth to date - to enhance financial strength and meet the central bank’s regulations.

The country’s total insurance premium revenue in 2022 is estimated at VND253.7 trillion (US$111.1 million), up 18.04% compared to 2021, according to the Department of the Insurance Supervisory Authority.