Vietnamese lenders are hoping for at least 20% – 30% growth in their earning this year in the light of the country’s promising economic outlook.

Viewed as an attractive investment destination, yet Vietnam still needs more attention to green and low-carbon economic development so as to sustainably attract foreign direct investment (FDI), according to experts.

VOV.VN - Singapore’s financial magazine the Business Times recently published an article highlighting Vietnam’s rapid economic recovery from the COVID-19 pandemic and describing the country as a “new Asian tiger”.

With an overall brand value growth of 49%, Vietnam’s banking sector is one of the fastest growing in the world, according to Brand Finance’s latest report on the most valuable and strongest banking brands globally.

The State Bank of Vietnam (SBV) has to continually inject money to support the liquidity of the banking system as the capital demand and interest rates on the interbank market have remained high though the Tet (Lunar New Year) holiday ended.

VOV.VN - The Ministry of Finance, acting under the authority from the Government of Vietnam, on February 10 signed the Memorandum of Understanding (MoU) to become the eighth member of the Southeast Asia Disaster Risk Insurance Facility (SEADRIF).

Sixteen commercial banks cut over VND21.24 trillion (US$936 million) of loan interest for COVID-19-hit customers from July 15 to December 31, 2021, surpassing their commitment by 5.13%, the State Bank of Vietnam (SBV) reported on February 9.

VOV.VN - Japanese shareholder Sumitomo Mitsui Banking Corporation (SMBC) has announced the termination of a strategic alliance agreement signed with Vietnam Export Import Commercial Joint Stock Bank (Eximbank), dantri.com.vn reported.

Analysts of many foreign investment funds and local securities companies expect bank stocks will continue to record positive results in 2022.

VOV.VN - The Ministry of Natural Resources and Environment (MoNRE) and the US Agency for International Development (USAID) on January 28 signed a Memorandum of Understanding (MoU) aiming to deal with the complex challenges of climate change and environmental pollution.